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RuleSignificant2024-065512024-04-03

Short-Term, Limited-Duration Insurance and Independent, Noncoordinated Excepted Benefits Coverage

Treasury Department, Internal Revenue Service, Labor Department, Employee Benefits Security Administration, Health and Human Services Department

Abstract

This document sets forth final rules that amend the definition of short-term, limited-duration insurance, which is excluded from the definition of individual health insurance coverage under the Public Health Service Act. This document also sets forth final rules that amend the regulations regarding the requirements for hospital indemnity or other fixed indemnity insurance to be considered an excepted benefit in the group and individual health insurance markets.

Action & Dates

Action
Final rules.
Dates
These regulations are effective on June 17, 2024.
Effective Date
2024-06-17

CFR References

Topics

Administrative practice and procedureChild supportEmployee benefit plansExcise taxesHealth careHealth insuranceInfants and childrenInsurance companiesMaternal and child healthPenaltiesPensionsPrivacyReporting and recordkeeping requirements

Document Excerpt

Document Headings Document headings vary by document type but may contain the following: the agency or agencies that issued and signed a document the number of the CFR title and the number of each part the document amends, proposes to amend, or is directly related to the agency docket number / agency internal file number the RIN which identifies each regulatory action listed in the Unified Agenda of Federal Regulatory and Deregulatory Actions See the Document Drafting Handbook for more details. Department of the Treasury Internal Revenue Service 26 CFR Part 54 [TD 9990] RIN 1545-BQ28 Department of Labor Employee Benefits Security Administration 29 CFR Part 2590 RIN 1210-AC12 Department of Health and Human Services 45 CFR Parts 144, 146, and 148 [CMS-9904-F] RIN 0938-AU67 AGENCY: Internal Revenue Service, Department of the Treasury; Employee Benefits Security Administration, Department of Labor; Centers for Medicare & Medicaid Services, Department of Health and Human Services. ACTION: Final rules. SUMMARY: This document sets forth final rules that amend the definition of short-term, limited-duration insurance, which is excluded from the definition of individual health insurance coverage under the Public Health Service Act. This document also sets forth final rules that amend the regulations regarding the requirements for hospital indemnity or other fixed indemnity insurance to be considered an excepted benefit in the group and individual health insurance markets. DATES: These regulations are effective on June 17, 2024. FOR FURTHER INFORMATION CONTACT: Shannon Hysjulien or Rebecca Miller, Employee Benefits Security Administration, Department of Labor at (202) 693-8335; Jason Sandoval, Internal Revenue Service, Department of the Treasury at (202) 317-5500; Cam Clemmons, Centers for Medicare & Medicaid Services, Department of Health and Human Services at (206) 615-2338; Lisa Cuozzo, Centers for Medicare & Medicaid Services, Department of Health and Human Ser

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Full Document

Citation: 89 FR 23338