H.102 is a bill introduced in Vermont that mandates individuals or entities not authorized to offer health insurance in the state, who provide health care sharing plans or arrangements, to report specific information annually to the Commissioner of Financial Regulation. This information includes participant numbers, financial details regarding fees and reimbursements, and contracts with health care providers. The bill requires these entities to certify the accuracy of their submissions and outlines penalties for non-compliance, including potential administrative fines and cease and desist orders.

Additionally, the Commissioner is tasked with compiling an annual report summarizing the submitted information and making it publicly available on the Department of Financial Regulation's website. The bill aims to enhance transparency and consumer protection regarding health care sharing plans in Vermont, ensuring that residents have access to accurate information about these arrangements. The act is set to take effect upon passage.