WASHINGTON, July 7 (Reuters) – U.S. President Joe Biden on Friday announced new steps to crack down on short-term health insurance plans and surprise medical bills, stepping up his war against so-called junk fees to lower healthcare costs.
This will include a proposed rule that closes loopholes companies use to offer misleading short-term insurance products, discriminate based on pre-existing conditions, offer little to no coverage and saddle consumers with thousands of dollars worth of medical expenses, Biden said.