KUDOS to everyone who wrote to their industry and/or political leaders about this. Hopefully, Short Term Medical will soon
become as it was in 2016 and before..
""Fourteen Senate Republicans sent a letter to Health and Human Services Secretary Tom Price on Thursday, asking him to reverse an Obama-era regulation that places restrictions on short-term limited duration (STLD) insurance plans, also called short-term insurance. The Obama-era regulation was meant to safeguard the Affordable Care Act (ACA) health exchanges by penalizing patients who purchased short term insurance as a type of primary coverage — thus protecting the risk pool.
If Price weakens this regulation, healthier patients could opt out of the state exchanges and purchase short term insurance plans for the long term. Without healthy people enrolled to offset those who are sick, the health care exchange takes a significant hit.
When ThinkProgress reached out to the Department of Health and Human Services for comment, spokesperson Alleigh Marré said they’ve “received the letter and will respond.”
It seems likely that Price will take the senators’ advice to reverse the penalties on short-term coverage. During a House hearing in March, he said he was intent on dismantling parts of the ACA within his purview. Last week, the Centers for Medicare and Medicaid Services posted a request for information at the Federal Register, seeking comment from interested parties who are looking to reduce regulatory burdens from the ACA.""