President Biden is reaching back into his old boss’s policy playbook to put new restrictions on short-term health plans. This month, the White House proposed a rule that will restore Obama-era limits on the plans.
The president has derided short-term insurance as “junk” that offers little protection from big potential healthcare expenses.
That’s a misleading, partisan claim. Short-term plans deliver a wide array of benefits at reasonable rates. Democrats don’t like them because they can be a superior alternative, with lower premiums and deductibles, to the coverage available on Obamacare’s exchanges—and could thus undermine their viability by luring customers away.