Bill > SB35

This bill amends Kansas law to provide for short-term, limited-duration health insurance plans. It defines "short-term, limited-duration" as an insurance policy period of less than 12 months, with the option to renew or extend up to a maximum of 36 months. These short-term plans are exempt from certain requirements, such as the Affordable Care Act's medical loss ratio calculations and the Health Insurance Portability and Accountability Act's continuation provisions. The bill also requires insurance companies issuing these short-term plans to include a specific disclosure statement in their contracts and application materials, informing consumers that the plans may not comply with all federal health insurance requirements.