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Consumer Advocates Seek State Reg Action On Short-Term Plans

August 07, 2018
Boston -- Consumer representatives are urging state regulators to act quickly to prevent the administration's longer-duration short-term plans from harming consumers, destabilizing the market and increasing states' workloads. Some states have already taken steps to restrict such plans and others are weighing efforts to restrict the plans' duration to the three-month timeframe set in place under the Obama administration, state insurance commissioners say. At issue is the Trump administration's final rule allowing short-term plans to run for 12 months, with...


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