In a significant move to safeguard consumers' interests, the Biden-Harris Administration has announced a final rule to combat "junk" health insurance plans. Often marketed as "short-term" coverage, these plans have long been criticized for their limited coverage and lack of transparency. With the implementation of the new regulations, consumers can expect increased clarity and protection when it comes to their health insurance options.

Key highlights of the new rules include:

• Limiting Short-Term Plans: Under the finalized regulations, new short-term health insurance plans are restricted to a maximum of three months. Extensions may be granted for up to four months, providing consumers with a short-term solution while maintaining safeguards against inadequate coverage.
• Enhanced Transparency: Insurance providers are now mandated to give consumers a clear disclaimer outlining the extent of coverage their plans offer. This measure aims to empower individuals with the information needed to make informed decisions regarding their health insurance choices.

This decisive action by the Biden-Harris Administration marks a significant step towards addressing longstanding concerns surrounding substandard health insurance practices. These regulations aim to limit the spread of substandard "junk" plans and foster transparency in the industry, ensuring consumers access the comprehensive coverage they deserve.

As advocates for consumer rights and equitable access to healthcare, Vibrant Emotional Health applauds this initiative. It remains committed to supporting efforts that prioritize the well-being of individuals and families across the nation.

Click here to see the fact sheet released by the White House.