Illinois to Impose a 180 day Limit on STM Plans in 2019!
Illinois lawmakers have taken steps to limit the maximum duration of short-term medical plans (STM plans) to 180 days. Earlier this year, Gov. Bruce Rauner vetoed a bill that would apply this limitation, but Illinois lawmakers had enough votes to override that veto.
In previous instances, applicants who apply for the 12 month plan were grandfathered in and allowed to keep their plan.
If you are on the fence about applying for a 12 month short term plan, now is the time to do it.
Pros and Cons of Short Term Insurance