Promotes transparency and accountability in the use of artificial intelligence by health insurers to manage coverage and claims.

1. **ONE-SENTENCE SUMMARY:** This bill aims to ensure that health insurers using artificial intelligence for managing coverage and claims operate transparently and accountably. 2. **KEY REQUIREMENTS:** - Health insurers must disclose how they use AI in decision-making processes for coverage and claims. - Insurers must provide clear explanations to consumers about AI-driven decisions that affect their coverage. - Insurers are required to implement measures to ensure the accuracy and fairness of AI systems. 3. **DEADLINES:** - The bill is currently in the introduction stage; effective dates and compliance deadlines will be established once it passes. 4. **PENALTIES:** - Non-compliance may result in fines or other enforcement actions as determined by regulatory authorities. 5. **SMB IMPACT:** Small health insurance businesses will need to adapt their practices to comply with transparency requirements, which may involve additional administrative work and costs. However, it could also enhance trust with consumers by promoting fair practices.