Biden Cracks Down on ‘Junk Insurance Plans’ from providers Watch Video

⏲ Duration: 1:31
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✓ Published: 28-Mar-2024

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Biden Cracks Down , on ‘Junk Insurance Plans’.<br/>On March 28, President Joe Biden announced that <br/>a new rule will limit short-term health insurance <br/>plans to three months, ABC News reports. .<br/>The plans can now only be renewed for up to <br/>four months instead of three years that were permitted under former President Donald Trump. .<br/>The plans can now only be renewed for up to <br/>four months instead of three years that were permitted under former President Donald Trump. .<br/>Additionally, short-term plan providers must <br/>clearly explain benefit limitations to consumers. .<br/>The president really believes <br/>the American people do not want <br/>to be taken for suckers and junk insurance takes them for suckers, Neera Tanden, Biden's domestic policy adviser, via statement.<br/>Short-term insurance is intended to temporarily serve as a safety net for periods of transition, <br/>such as switching jobs or prior to receiving Medicare.<br/>However, critics call these plans <br/>\