As Dems Push HHS to Limit Short-Term Plans, Market Impact Remains Murky
Amid mounting pressure from Democratic lawmakers and advocacy groups, a rule could be coming as soon as April that rolls back Trump administration regulations expanding the availability of short-term, limited-duration insurance (STLDI) plans. Health policy experts say health insurers are likely to have varying views about such a regulation, and its effect on the Affordable Care Act marketplaces is tough to predict given how little data is available about STLDI.
Among “plans that had invested in the marketplaces, I think they had a lot of concern about the Trump administration short-term plan rule…[but] there are others that were deciding to invest in short-term plans,” says Sabrina Corlette, director of Georgetown University’s Center on Health Insurance Reforms. “So I’m not sure there’s unanimity in the industry on whether Biden rolling back the Trump rule is a good thing or a bad thing.”