Department Of Health & Human Services Issues Final Rule On Short-Term, Limited-Duration Insurance

Published in today’s edition of the Federal Register, the Departments of Health and Human Services, Labor, and the Treasury issued a final rule to allow for the sale and renewal of short-term, limited-duration plans that cover longer periods than the previous maximum period of less than three months. Such coverage now can cover an initial period of less than 12 months, and, taking into account any extensions, a maximum duration of no longer than 36 months in total. The action is aimed at helping increase choices for Americans faced with escalating premiums and dwindling options in the individual insurance market.

The final rule can be obtained at