Online Broker Offers 3-Year Short-Term Plans, Renewability Rider

Correction Appended An online broker is now marketing a 36-month short-term health plan package in at least 20 states that includes automatic renewals and allows consumers to buy a renewability guarantee rider that protects them from coverage denials should they develop a new condition. The renewability riders will not protect consumers from premium hikes, however, and a company executive says that premiums could increase per year for individuals with a renewability rider who develop a preexisting condition...