Lower Premiums, Faster Payments Act

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 10788 Introduced in House (IH)] <DOC> 119th CONGRESS 2d Session H. R. 10788 To amend title XXVII of the Public Health Service Act, the Internal Revenue Code of 1986, and the Employee Retirement Income Security Act of 1974 to make certain adjustments to the surprise medical billing requirements for private health insurance. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES October 9, 2026 Mr. Pallone introduced the following bill; which was referred to the Committee on Energy and Commerce, and in addition to the Committees on Education and Workforce, and Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned _______________________________________________________________________ A BILL To amend title XXVII of the Public Health Service Act, the Internal Revenue Code of 1986, and the Employee Retirement Income Security Act of 1974 to make certain adjustments to the surprise medical billing requirements for private health insurance. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Lower Premiums, Faster Payments Act''. SEC. 2. ADJUSTING SURPRISE MEDICAL BILLING REQUIREMENTS. (a) Amendments to the Public Health Service Act.-- (1) Eliminating independent dispute resolution process.-- (A) In general.--Section 2799A-1 of the Public Health Service Act (42 U.S.C. 300gg-111) is amended-- (i) in subsection (a)-- (I) in paragraph (1)(C)(iv)-- (aa) in subclause (I), by inserting ``with respect to such services furnished before January 1, 2028,'' before ``not later than''; and (bb) in subclause (II), by inserting ``(or, with respect to such services for which the out-of-network rate is the qualifyin