This bill modifies the Insurance Department’s mandated health benefit review program. It prohibits the General Assembly, beginning February 1, 2018, from enacting any legislation mandating insurers to cover a new health benefit unless the benefit has been the subject of (1) a health benefit review report by the department and (2) an informational hearing before the Insurance and Real Estate and Public Health committees at which the commissioner is present and available for questions. The bill authorizes the Insurance and Real Estate Committee, during a regular legislative session and by a majority vote of the committee members, to require the insurance commissioner to review and report on up to five proposed mandated health benefits. Under current law, the committee may request a review from the commissioner by August 1 of each year.