Bill > SB0165

This bill modifies Indiana's insurance regulations for short-term insurance plans, primarily by reducing the maximum term of these plans from 364 days to six months. The key provisions include requiring short-term insurance plans to: not impose preexisting condition exclusions, cover a comprehensive range of medical services (including ambulatory patient services, hospitalization, emergency services, laboratory services, maternity care, mental health services, prescription drugs, rehabilitative services, preventive care, and pediatric services), and prohibit retroactive cancellation except in cases of fraud. The bill amends multiple sections of Indiana Code to consistently reflect these changes across various insurance-related statutes, ensuring that short-term insurance plans provide more robust coverage and consumer protections. The changes will take effect on July 1, 2025, giving insurers time to adjust their policies to comply with the new requirements. By limiting the duration of short-term plans and mandating more comprehensive coverage, the bill aims to provide Indiana residents with more stable and comprehensive health insurance options.

Business and Industry

https://iga.in.gov/legislative/2025/bills/senate/165/details