The Treasury Department and IRS, jointly with the Labor Department and the Department of Health and Human Services, today issued for publication in the Federal Register a proposed rule applicable to expatriate health plans, expatriate health issuers, and qualified expatriates under the “Expatriate Health Coverage Clarification Act of 2014.”
The proposed rule [PDF 462 KB] also proposes standards for travel insurance and supplemental health insurance coverage to be considered “excepted benefits” and revisions to the definitions of short-term, limited-duration insurance for purposes of the exclusion from the definition of individual health insurance coverage. Also included in the proposed rule are proposed conforming amendments to other implementing regulations.
Comments about the proposed rule are due by a date that is 60 days from June 10, 2016 (which is the date when the proposed rule will be published in the Federal Register).
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