The U.S. Treasury Department and IRS today (together with the Labor Department and the Department of Health and Human Services) released for publication in the Federal Register final regulations concerning short-term, limited-duration health insurance.
Short-term, limited-duration insurance is a type of health insurance coverage primarily designed to fill temporary gaps in coverage that may occur when an individual is transitioning from one plan or coverage to another plan or coverage.
The final regulations [PDF 403 KB] reflect amendments to the definition of short-term, limited-duration insurance for purposes of its exclusion from the definition of individual health insurance coverage. The final rule is intended to lengthen the maximum duration of short-term, limited-duration insurance so as to provide more affordable consumer choices for health coverage.
The final regulations will be effective on the date that is 60 days after publication in the Federal Register (scheduled for August 3, 2018)
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