summary
Introduced
05/21/2020
05/21/2020
In Committee
05/21/2020
05/21/2020
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
116th Congress
Bill Summary
Provides statutory authority for the rule by the Department of Treasury, the Department of Labor, and the Department of Health and Human Services regarding short-term, limited-duration health insurance plans.Short-term, limited-duration health insurance plans are plans that may only offer coverage for a limited amount of time under law and that are exempt from the market requirements of the Patient Protection and Affordable Care Act (e.g., coverage of individuals with preexisting conditions). The rule increases the maximum authorized duration of such plans from less than 3 months (including renewals) to an initial maximum duration of less than 12 months (with a total duration of up to 36 months, including renewals). The rule took effect October 2, 2018. The bill includes in the definition of such plans those with a renewal guarantee provision that permits a policyholder to pay for the option to purchase a future policy with a specified premium rate at the time of initial enrollment.
AI Summary
This bill, the Affordable Health Care Options Act of 2020, provides statutory authority for a rule by the Department of Treasury, the Department of Labor, and the Department of Health and Human Services regarding short-term, limited-duration health insurance plans. These are plans that may only offer coverage for a limited amount of time and are exempt from certain market requirements of the Affordable Care Act, such as coverage for individuals with pre-existing conditions. The bill increases the maximum authorized duration of such plans from less than 3 months to an initial maximum of less than 12 months, with a total duration of up to 36 months, including renewals. It also includes in the definition of these plans those with a renewal guarantee provision that allows policyholders to purchase a future policy at a specified premium rate at the time of initial enrollment.
Committee Categories
Health and Social Services
Sponsors (1)
Last Action
Read twice and referred to the Committee on Health, Education, Labor, and Pensions. (on 05/21/2020)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/116th-congress/senate-bill/3821/all-info |
| BillText | https://www.congress.gov/116/bills/s3821/BILLS-116s3821is.pdf |
| Bill | https://www.congress.gov/116/bills/s3821/BILLS-116s3821is.pdf.pdf |
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