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Published 3 months ago

Biden is announcing a new rule to protect consumers who purchase short-term health insurance plans

  • President Joe Biden has implemented new rules to restrict short-term health insurance plans to three months, down from three years under the previous administration.
  • These plans can now only be renewed for a maximum of four months, providing more consumer protection against these criticized "junk" plans.
  • The changes aim to better safeguard consumers purchasing short-term health insurance plans, which were previously permitted for longer durations under the previous administration.
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