The goal is to reduce the sale and use of the plans that can leave policyholders footing huge bills. The Biden administration is working on rolling back the short-term health insurance plans that rolled out during the Trump administration. The purpose is to shrink the use of these “junk” plans that leave patients at risk of paying large medical bills out of their own pockets. The new rule was first proposed in the summer of 2023 This new strategy is a part of a broader effort to reduce the cost…
Read MoreBiden limits Trump era “junk” short-term health insurance plans
