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.
The rule comes as a result of the president’s executive order calling on federal agencies to take the necessary measures to scale back Obamacare’s burdensome regulations.
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.
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