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In the United States, short-term health insurance (STHI) or short-term, limited-duration insurance (STLDI) [1] refers to health insurance plans with a limited duration, typically several months to a year. These plans were initially geared toward people who need temporary medical insurance to bridge the gap between longer-term plans.
The administration of Barack Obama in 2016 limited short-term insurance plans to three months to try to get more people on year-round plans, but regulations adopted by the Trump administration in ...
The long-expected curtailment of short-term plans is one of the Biden administration’s recent efforts to lower health care costs and crack down on surprise junk fees, part of its agenda aimed at ...
President Joe Biden on Thursday announced 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 ...
Short term health insurance plans have a short policy period (typically months) and are intended for people who only need insurance for a short time period before longer term insurance is obtained. [133] Short term plans typically cost less than traditional plans and have shorter application processes, but do not cover pre-existing conditions.
The Biden administration announced plans Friday to tamp down on “junk” insurance plans and surprise medical fees as part of the “Bidenomics” agenda and its goal of lowering health care ...
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