The bill establishes the Healthcare Market Reform Measures Study Committee in South Carolina, which will consist of six members from both the House of Representatives and the Senate, along with a nonvoting advisory board made up of various healthcare and consumer representatives. The committee is tasked with studying potential healthcare market reform measures that could benefit consumers, such as increasing competition among providers, promoting telemedicine, and evaluating the impacts of Medicaid expansion. The committee is required to issue a report by December 1, 2025, detailing its findings and recommendations, which may include draft legislation if action is deemed necessary.

Additionally, the bill allows the study committee to retain independent expert consultants, such as the South Carolina Institute of Medicine and Public Health, to provide insights on the economic implications of the proposed reforms. The committee will dissolve upon submitting its final report to the General Assembly. The joint resolution will take effect once approved by the Governor.