How to Extend Your Short-Term Medical Health Policy Before New Regulations Take Place

Act quickly to extend your policy before its duration changes.

Recently the Departments of Health and Human Services, and Labor finalized new rules that will impose nationwide duration limits on short-term medical insurance plans. The ruling which will take effect soon, will limit these plans to three-month terms, with a one-month extension. If you have a longer-duration short-term insurance plan (STI) it will no longer be offered. 

This new duration limit will take effect on September 1, 2024, and plans sold or issued on or after that date will limit short-term plans to three-month terms, with a one-month extension. 

If you act quickly you can possibly extend your short-term insurance plan now. Call or write us today.

It is also important to note that once the new STI policy expires, a new policy cannot be sold again for 12 months from the same insurance carrier. If you want to purchase another short-term policy after 4 months of coverage, you must find a different insurer and go through the application process again.

These changes are designed to ensure that short-term coverage is used to fill a temporary gap between two comprehensive health insurance policies, and not serve as a long-term coverage solution.

What this means to you. We strongly recommend you consider renewing your short-term policy before the new rules take effect. Policies renewed before the deadline can be one year or longer depending on the circumstances. But it would be best if you acted quickly.

H&H Insurance Solutions is here to help answer all questions, explain all the details, and find the right policy that fits your unique needs. Give us a call, or use our contact us page to reach out.