New Rules for Temporary Gap Health Insurance Coverage
Under new rules that became effective in October, individuals in need of temporary gap health insurance coverage—such as those in employment transitions— may be able to purchase such gap coverage for nearly a year, and renew for up to 36 months. More details on the new federal government regulation, including benefits and potential pitfalls for enrollees, can be read here on the Employee Benefits Informer, Norris McLaughlin’s Executive Compensation and Employee Benefits practice group blog.
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