The Trump administration moved on Tuesday to deliver affordable health care to millions of Americans with a proposed rule that would expand the availability of short-term, limited duration plans to one year.
Three weeks before leaving office, President Barack Obama reduced short-term limited duration coverage to less than 90 days, making it very risky for individuals to purchase these cost-effective alternatives to Obamacare plans. Prior to the Obama administration’s rule, Americans could maintain these plans for almost a year.
The Trump administration’s rule would allow these policies to last a year, returning to the rules that were in place prior to the Obama administration’s restrictions.
These short-term plans provide a cost-effective alternative to Obamacare plans.