INFORMATION PUBLISHED ON AT.NAIFA.ORG
On March 28, the Departments of Labor (DOL), Health and Human Services’ (HHS’) Centers for Medicare and Medicaid Services (CMS), and Treasury released a final short-term limited-duration (STLD) health insurance rule. It retains the proposed rule’s new limits of three months duration, with a four-month renewal option for this kind of insurance.
The new final regulation also requires new disclosure rules—generally language making clear to prospective purchasers that STLD is not the full coverage that they would get from an ACA-compliant policy.
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