Gawd, so the Feds are regulating STMs now? I haven't sold STMs in several years, but the limits on the length of coverage were always set by the states. Some states like Texas allowed them to be as long as 12 months, while other states limited them to 6 or 3 month periods.
Since STMs don't receive any kind of federal subsidies, what business does Fed.Gov have regulating them?
You must have been sleeping in 2014 and later when Obama and friends decided to take the regulation of individual health insurance away from the states and make it the purview of CMS, et al.
Carriers rolled over and said scratch my belly one more time.
Mandated coverage. No underwriting. No pre-ex.
Carriers and agents alike thought they were going to get rich.
Didn't quite work out as DC planned. Damn near killed the under 65 health insurance market.