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Trump administration to allow renewable, short-term insurance that lasts up to a year
Modern Healthcare: The Trump administration will finalize a rule on Wednesday that expands access to health insurance policies that skirt many of the Affordable Care Act's regulations. The rule would allow people to buy short-term, limited-duration health coverage that lasts up to 12 months and renew that coverage for a maximum period of 36 months. Insurers can deny short-term coverage to people who have pre-existing conditions.
The Obama administration, citing consumer protections, had limited such plans, which are cheaper with skimpier benefits than ACA-compliant plans, to a duration of less than three months, and they weren't renewable.
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