Changes to short-term coverage
By Mimi Vanderhaven
On March 28, 2024, the Departments of Health and Human Services (HHS), Labor and Treasury announced that short-term medical insurance will be limited in duration to three months with an optional one-month extension beginning September 1, 2024.
These regulatory amendments further the goals of the Affordable Care Act (ACA) by improving access to affordable and comprehensive coverage, strengthening health insurance markets, and promoting consumer understanding of their coverage options.
Many short-term plans do not have the coverage protections required by the Patient Protection and Affordable Care Act.*
Some of these coverage mandates require coverage for pre-existing conditions, mental health and substance abuse, maternity, and no annual or lifetime limits.
These regulations impact short-term coverage issued on or after September 1, 2024.
If you are impacted by this change, we can help you understand your options.
It would be best to start a conversation this summer before the busy open enrollment season is upon us.
For no-cost service and help understanding your options, give us a call schedule a time for a review. As always, there is no charge for my assistance.
Kathy Carvin, a licensed insurance agent with HealthMarkets Insurance Agency, has offices at 10512 Northfield Road, in Northfield, and 28881 Lorain Road, in North Olmsted. Call 216-375-5902.
To schedule an in-person appointment with Bernie Davidson, call him directly at 216-798-1140. Bernie will meet with you wherever you’re comfortable, including Zoom.
HealthMarkets North Olmsted is located at 4679 Great Northern Blvd., in North Olmsted. Hours are Monday-Friday, 9 a.m.-5 p.m.. Other times by appointment. To get started with your free review, call Mike Felice directly at 440-378-4210.
To reach Doug Johnson, of HealthMarkets Insurance Agency, call 330-591-4998.
You can reach licensed insurance agent Carl Lishing at 216-228-0765. HealthMarkets Insurance Agency is located at 16506 Detroit Avenue, in Lakewood. Office hours currently by appointment. Find out more at ClevelandInsurance.info.
HealthMarkets Insurance Agency is located at 9551 Vista Way in Garfield Hts. To reach Scott McEvoy or a member of his team, call 216-815-1850. Virtual, phone and office appointments are available.