The proposed 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, including various committee chairs and appointed members. The committee will also have a nonvoting advisory board made up of representatives from various health and consumer organizations, as well as state departments. The committee's primary responsibility is to study potential healthcare market reform measures that could benefit consumers in South Carolina, such as increasing competition among providers, promoting telemedicine, and evaluating the impacts of Medicaid expansion.

The study committee is tasked with issuing a report by December 1, 2025, detailing its findings and recommendations regarding healthcare market reforms. This report will include an assessment of the legal and procedural barriers to implementing reforms, the potential costs and benefits of each measure, and insights from other states' experiences. If the committee recommends action, it will also provide draft legislation and identify necessary requirements to promote access to quality, affordable healthcare. The committee will engage independent consultants to assist in its work, and it will dissolve upon submitting its final report to the General Assembly.