In theory, the coverage can last for 36 months — but states don't have to let that happen.
By Allison Bell|August 02, 2018 at 10:37 AM|The original version of this story was published on ThinkAdvisor
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The administration of President Donald Trump has unveiled an eagerly awaited final rule that lifts the current three-month cap on how long short-term medical insurance coverage from a single issuer can list.
Trump’s “tri agency” team — his U.S. Department of Labor, his U.S. Department of Health and Human Services, and his Internal Revenue Service — has declared that an insurer can design its “short-term, limited-duration insurance policies” in such a way that the coverage can stay in place for up to 36 months.
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