Finalized federal rule reduces complete length of short-term well being plans to 4 months – Model Slux

Finalized federal rule reduces complete length of short-term well being plans to 4 months – Model Slux

A finalized federal rule introduced by the Departments of Treasury, Well being and Human Providers, and Labor on March 28, will impose new nationwide length limits on short-term restricted length insurance coverage (STLDI) plans. The rule – which applies to plans offered or issued on or after September 1, 2024 – will restrict STLDI plans to … Read more

Proposed rule would restrict length of protection underneath short-term well being plans to 4 months – Model Slux

Proposed rule would restrict length of protection underneath short-term well being plans to 4 months – Model Slux

Since 2018, federal guidelines have made it doable for shoppers in lots of states to purchase short-term, limited-duration insurance coverage (STLDI) and preserve that protection for so long as three years, together with renewals and extensions. (States can set their very own extra stringent guidelines, which is why these guidelines don’t apply nationwide.) However a … Read more

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