Enhanced Short-Term Plans

TITLE 41 INSURANCE CHAPTER 52 INDIVIDUAL HEALTH INSURANCE AVAILABILITY ACT 41-5214. enhanced short-term PLANS. The director shall adopt reasonable rules to establish specific standards for enhanced short-term plans. The standards shall be in addition to and in accordance with applicable laws of this state, including this chapter. The standards: (1)  Shall include requirements for renewability that are consistent with federal law regarding short-term, limited duration insurance; and (2)  May include, but need not be limited to: (a)  A scope of covered benefits, which may be as broad as the scope of covered benefits required to be included in individual health benefit plans that are not deemed short-term, limited duration insurance under federal law; (b)  Restrictions on premium rate increases when an enhanced short-term plan ceases to be renewable and the individual policyholder reapplies for coverage from the same carrier; and (c)  Conversion of enhanced short-term plans into fully renewable coverage upon a finding by the director that the conversion complies with law and is in the best interests of the public.