House Bill Seeks to Overturn Biden Health Insurance Rule

A new bill in the U.S. House of Representatives seeks to overturn Biden-era regulations limiting short-term health insurance plans, allowing coverage for up to 36 months instead of the current four-month limit. Republican lawmakers argue that the existing rules undermine consumer choice and state regulation of insurance products. In contrast, the Biden administration's rules are part of a broader effort to limit what they term 'junk' insurance coverage. Meanwhile, President Trump’s recent executive actions signal a likely intent to dismantle Biden’s healthcare policies, including those aimed at lowering drug costs under the Inflation Reduction Act. Critics of the IRA argue that its price controls on prescription drugs will stifle medical innovation and increase costs for seniors. As Trump navigates these healthcare reforms, the impact on coverage and costs for Americans remains uncertain.