State regulations of short-term health plans vary significantly.
State regulation | Pa. | *N.J. | Del. | Md. | Colo. |
|---|---|---|---|---|---|
| Is initial contract duration limit shorter than federal limit? | No | n/an/a | 3 months | 3 months | 6 months |
| Is purchase of multiple or consecutive plans prohibited? | No | n/an/a | ^Limited | No | +Limited |
| Are there rating restrictions? | No | n/an/a | No | No | Same as ACA |
| Are all preexisting condition exclusions banned? | No | n/an/a | No | No | No |
| Are rescissions prohibited? | No | n/an/a | No | No | Yes |
| Are essential health benefits required? | No | n/an/a | No | No | Yes |
| Is there a minimum medical loss ratio requirement? | No | n/an/a | 60% | No | 80% |
| Do consumers have access to external appeals? | No | n/an/a | No | Yes | Yes |
