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Biden is announcing a new rule to protect consumers who purchase short-term health insurance plans

abcnews.go.com Biden is announcing a new rule to protect consumers who purchase short-term health insurance plans

President Joe Biden is announcing new steps to protect consumers who buy short-term health insurance plans that critics say amount to junk

Biden is announcing a new rule to protect consumers who purchase short-term health insurance plans

President Joe Biden on Thursday announced new steps to protect consumers who buy short-term health insurance plans that critics say amount to junk.

A new rule finalized by the Democratic president's administration will limit these plans to just three months. And the plans can only be renewed for a maximum of four months, instead of up to the three years that were allowed under Biden's predecessor, Republican Donald Trump.

The Biden administration is also requiring short-term plans to provide consumers with clear explanations of the limits of their benefits.

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