Becker's Healthcare March 28, 2024
The Biden administration is cracking down on short-term ‘junk’ health plans that can leave members with poor coverage and large medical expenses.
“People hate being played for suckers and the current practice of offering low-quality insurance that people pay into, but then provides no coverage when people need it, is a bait and switch,” the White House said March 28.
Under the new rule first proposed in July, short-term health plans are now limited to three months duration, with renewal for a maximum of 4 months total if extended.
The plans will also now be required to provide consumers with a disclaimer that explains...