This bill amends Sections 41-5207 and 41-5214 of the Idaho Code to revise provisions related to the renewal and requirements for enhanced short-term health insurance plans. Specifically, it clarifies that enhanced short-term plans may be renewed in accordance with the provisions of Section 41-5214, rather than being subject to a limit on renewability as previously stated. The bill also introduces new language allowing carriers to enroll individuals in enhanced short-term plans year-round, during an annual open enrollment period, or during a special enrollment period. Additionally, it establishes that the maximum duration for these plans can be up to thirty-six months, aligning with federal regulations.

Furthermore, the bill outlines that the director of insurance will adopt reasonable rules to set specific standards for enhanced short-term plans, ensuring they are not more restrictive than existing requirements. It also specifies that enhanced short-term plans will not be subject to the rating requirements established in Section 41-5206. The bill declares an emergency, making it effective on July 1, 2026.

Statutes affected:
Bill Text: 41-5207, 41-5214