2023-14238: Short-Term, Limited-Duration Insurance; Independent, Noncoordinated Excepted Benefits Coverage; Level-Funded Plan Arrangements; and Tax Treatment of Certain Accident and Health Insurance
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This document sets forth proposed rules that would 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 proposed amendments to the requirements for hospital indemnity or other fixed indemnity insurance to be considered an excepted benefit in the group and individual health insurance markets. This document further sets forth proposed amendments to clarify the tax treatment of certain benefit payments in fixed amounts received under employer-provided accident and health plans. Finally, this document solicits comments regarding coverage only for a specified disease or illness that qualifies as excepted benefits, and comments regarding level-funded plan arrangements.
The agency’s own summary, as published.
What this changes
Amends 6 parts of the Code of Federal Regulations — the standing rules this notice rewrites.
- 26 CFR 1 Income Taxes
- 26 CFR 54 Pension Excise Taxes
- 29 CFR 2590 Rules and Regulations for Group Health Plans
- 45 CFR 144 Requirements Relating to Health Insurance Coverage
- 45 CFR 146 Requirements for the Group Health Insurance Market
- 45 CFR 148 Requirements for the Individual Health Insurance Market
Rulemaking docket
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