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President Biden has proposed rules that would limit short term plans to a max of 4 months. This will break his promise to protect private insurance options for patients.
Mike Pirner had emergency gall bladder surgery shortly after buying short-term medical insurance plan (STM), for $150/month. The costs associated with the procedure were $100,000 — Mike only had to pay his $2,500 deductible, which was also his out-of-pocket maximum. President Biden has proposed rules released Friday of the July 4th week that would limit these plans to three months, with one additional month possible. Currently, these plans can last up to three years.
It's a change to health care regulations that Democrats say will stop junk insurance and Republicans say reduces choice.
It's a change to health care regulations that Democrats say will stop junk insurance and Republicans say reduces choice.
Rep. Bob Good said President Biden's move to ax short-term health insurance plans is part of Biden's scheme to push everyone into Obamacare.