Short-term limited duration insurance

Section 2791(b) of the Public Health Service Act (42 U.S.C. 300gg–91(b)) is amended by adding at the end the following: (6) Short-term limited duration insurance The term short-term limited duration insurance means a plan providing health insurance coverage pursuant to a contract with a health insurance issuer— (A) that has an expiration date specified in the contract that is not more than 12 months after the original effective date of the contract; and (B) which may include a renewal guarantee that permits a policyholder to elect to purchase, for periods of time following expiration of the initial contract, another policy or policies at some future date, at a premium that would not reflect any additional underwriting..