H. R. 8082

COMPETE Act

Shown here: Introduced in House (2026-03-25)

To ensure competition in health insurance markets.

1. Short title

This Act may be cited as the “Competition and Openness in Markets to Promote Efficiency, Transparency, and Enhanced affordability Act” or the “COMPETE Act”.

2. Short-term limited duration insurance

Section 2791(b) of the Public Health Service Act (42 U.S.C. 300gg–91(b)) is amended by adding at the end the following:

(6) Short-term limited duration insurance
The term short-term limited duration insurance means a plan providing health insurance coverage pursuant to a contract with a health insurance issuer—
(A) that has an expiration date specified in the contract that is not more than 12 months after the original effective date of the contract; and
(B) which may include a renewal guarantee that permits a policyholder to elect to purchase, for periods of time following expiration of the initial contract, another policy or policies at some future date, at a premium that would not reflect any additional underwriting.

Workspace/Typeset/Bill