Short-Term Health Plans Backed by Trump Are Cheap for a Reason
- Administration issues rule creating wider role for the plans
- Plans are cheaper but have long history of patient complaints
This article is for subscribers only.
Short-term health plans with a history of consumer complaints will get a larger role in the U.S. insurance market under a Trump administration plan to expand alternatives to Obamacare.
The temporary plans, which were originally intended for people between jobs, are allowed to offer coverage that’s far skimpier than what the Affordable Care Act requires. The administration has promoted them as a cheaper alternative to Obamacare for individuals who have seen their premiums climb or lost access to doctors. The plans were limited to three months, and President Donald Trump is making them available for longer.