Sec. 506. Affordable health care options

456 words·~2 min read·/bill/116/s/4537/is/section-506

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

Section 2791(b) of the Public Health Service Act ( 42 U.S.C. 300gg–91(b) ) is amended by adding at the end the following: The term short-term, limited duration insurance means insurance covering medical care provided pursuant to a contract with an issuer that— has an expiration date specified in the contract that is less than 1 year after the original effective date of the contract and, taking into account renewals or extensions, has a duration of no longer than 3 years in total; may include a renewal guarantee; and with respect to such a contract having a coverage start date on or after January 1, 2019, displays prominently in the contract and in any application materials provided in connection with enrollment in such insurance in at least 14 point type the language in the following notice, with any additional information required by applicable State law:

This coverage is not required to comply with certain Federal market requirements for health insurance, principally those contained in the Affordable Care Act. Be sure to check your policy carefully to make sure you are aware of any exclusions or limitations regarding coverage of preexisting conditions or health benefits (such as hospitalization, emergency services, maternity care, preventive care, prescription drugs, and mental health and substance use disorder services). Your policy might also have lifetime or annual dollar limits on health benefits.

If this coverage expires or you lose eligibility for this coverage, you might have to wait until an open enrollment period to get other health insurance coverage. . The term renewal guarantee , with respect to short-term limited duration insurance, means a provision in the contract that permits a policyholder, when purchasing the initial insurance contract, to pay an additional amount for a guarantee that the policyholder can elect to purchase, for periods of time following expiration of the initial contract, another policy or policies at some future date, at a specific premium that would not reflect any additional underwriting. .

Section 2791(c)(1) of the Public Health Service Act ( 42 U.S.C. 300gg–91(c)(1) ) is amended— by redesignating subparagraph

(H)as subparagraph (I); and by inserting after subparagraph

(G)the following: Short-term limited duration insurance. . Part C of title XXVII of the Public Health Service Act ( 42 U.S.C. 300gg–91 et seq.) is amended— by redesignating section 2794 ( 42 U.S.C. 300gg–95 ) (regarding uniform fraud and abuse referral format), as added by section 6603 of the Patient Protection and Affordable Care Act ( Public Law 111–148 ), as section 2795; and by adding at the end the following: Nothing in this title shall be construed to restrict individuals from purchasing insurance covering medical care, including short-term limited duration insurance, that features renewal guarantees, as defined in section 2791(b)(6). .

Connections5 off-index

5 references not yet in our index

42 USC 300gg–91(b)
42 USC 300gg–91(c)(1)
42 USC 300gg–91
42 USC 300gg–95
Pub. L. 111-148

Citation graph

cites case law

Sec. 506

Affordable health care options

Cite42 USC 300gg–91(b)

Cite42 USC 300gg–91(c)(1)

Cite42 USC 300gg–91

Cite42 USC 300gg–95

Pub. L.Pub. L. 111-148

Cites 5Cited by 0 across 0 sources