President Biden to Crack Down on Short-Term Health Insurance Plans

The Biden administration on Friday is expected to propose a new regulation cracking down on short-term health insurance plans, five Democrats with knowledge of the matter, who were granted anonymity to discuss the specifics of White House plans, told POLITICO.

The long-awaited rule will curtail a Trump-era expansion of the skimpy health coverage, which Democrats and patient advocacy groups have criticized for undermining Obamacare and its broad protections for patients with pre-existing conditions.

The move comes as the White House tries to focus the nation’s attention on the administration’s efforts to lower prescription drug prices for seniors, crack down on so-called junk fees, fight inflation and improve the overall economy.

Read the source article at Politico