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.
30 Articles
30 Articles
Biden rolls back Trump expansion of short-term ‘junk’ insurance plans
The Biden administration is cracking down on insubstantial health insurance plans that don’t have to meet ObamaCare’s consumer protection requirements. A final rule issued Thursday would roll back a Trump-era policy that drastically expanded what Biden officials and critics call “junk” plans. The final rule limits the duration of the insurance plans to three months, with…
Biden’s Actions Will Harm Medicare Beneficiaries
For those that want to reduce, if not eliminate, private insurance in health care, it is a huge impediment to have more and more Medicare beneficiaries enroll in Medicare Advantage plans. The Biden administration is doing its best to stop that.
Biden administration cracks down on so-called junk insurance
By Jarrett Renshaw (Reuters) – The Biden administration on Thursday will finalize a rule aimed at cracking down on short-term health insurance plans and surprise medical bills, the latest steps in its effort to lower consumer costs across a broad range of industries. The rule, first introduced last July, places tighter restrictions on short-term insurance products that are supposed to serve as a lifeline for more than 1 million Americans who…
Biden is announcing a new rule to protect consumers who purchase short-term health insurance plans
By DARLENE SUPERVILLE Associated Press President Joe Biden is announcing new steps to protect consumers who buy short-term health insurance plans that critics say amount to junk. A new rule finalized by the Democratic president’s administration will limit short-term health insurance to just three months. And the plans can only be renewed for a maximum of four months, instead of up to the three years allowed under Biden’s predecessor, Republican …
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