Headlines
Biden plans to reverse Trump’s expansion of short-term health insurance plans.
– The Biden administration is limiting the duration of short-term health insurance plans to three months with an option for renewal for a maximum of four months total, labeling them as “junk insurance.”
– Short-term plans do not have to adhere to Obamacare’s consumer protections, such as providing comprehensive coverage or not discriminating against preexisting conditions.
– Former President Donald Trump extended the duration of short-term plans during his administration to weaken the Affordable Care Act, while the Biden administration is reversing this policy change.
– The Biden administration also unveiled a final rule to make applying for and renewing coverage in Medicaid and CHIP easier for families, extending some consumer protections in the Affordable Care Act to these programs.
– Record numbers of people are signing up for coverage in the Affordable Care Act exchanges, with more than 45 million people gaining coverage through the ACA according to the Biden administration.
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