Bill · S. 3418· Senate(119-S-3418)
COMPETE Act
- Introduced
- 12/10/2025
- Last activity
- 12/10/2025 — Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
- Sponsored by
- Ted Cruz
- Cosponsors
- - 1 - 0
- Introduced
- In Committee
What this bill would do
This bill is titled the "Competition and Openness in Markets to Promote Efficiency, Transparency, and Enhanced affordability Act" or the "COMPETE Act." It aims to ensure competition in health insurance markets. The legislation focuses on amending the Public Health Service Act regarding short-term limited duration insurance. It defines these plans as having an expiration date no more than 12 months after the start date. Additionally, these plans may include a renewal guarantee for future policies.
Yes· 3 of 4
Does this strengthen the Affordable Care Act?+2
The bill enhances consumer options by allowing short-term plans to include a renewal guarantee that prevents future premium increases based on new underwriting.
Does this lower what people pay for private health insurance?+1
The renewal guarantee ensures that future policies for the same individual are priced without considering new medical underwriting, potentially stabilizing costs.
Would households on low incomes be better off under this?+1
The renewal guarantee provides more predictable pricing for future insurance coverage.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
- Policyholder Renewal Options: Under Section 2, part (B), a policyholder may be able to elect to purchase another policy at a future date. This is considered positive because the premium for these future policies would not reflect any additional underwriting.
Potential Negative Impacts for People
- Limited Coverage Duration: According to Section 2, part (A), the insurance coverage provided under these plans has an expiration date that is not more than 12 months after the original effective date.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Healthcare
- Increases Affordable Care Act Support+2Reduces Private Insurance Premiums+1
- Demographic And Interest Groups
- Good For Low Income Households+1Good For Middle Class Households+1
- 12/10/2025
- Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
- 1 Cosponsor added.
- Introduced in Senate
One bill Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.
Ted BuddRepublican · North Carolina