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.
President Joe Biden is also slated to give a speech Friday touting his health care agenda, during which a White House official said he plans to “announce major actions to lower health care costs and crack down on junk fees.” The Obama administration in 2016 limited short-term plans to three months in an effort to get more people on year-round plans sold on the new federal and state-based exchanges created by Obamacare.
CMS leaders in the Trump administration said the plans were meant to give consumers an alternative to higher-priced Obamacare plans.
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