HEALTH INSURANCE – Amends existing law to revise provisions regarding enhanced short-term plans

This bill updates Idaho laws governing enhanced short-term health insurance plans, primarily affecting insurance carriers and individuals purchasing these temporary coverage options. It clarifies renewal rules by establishing that carriers must offer affected individuals the chance to reapply for coverage when enhanced short-term plans reach their renewal limits, while also requiring carriers to provide at least 180 days notice before nonrenewing all their individual market plans. The legislation sets a maximum total duration of 36 months for these plans and requires carriers to offer alternative health benefit plans on a guaranteed issue basis if they discontinue a specific enhanced short-term product after being in use for 36 months. Additionally, the bill prohibits carriers from writing new individual market business for five years if they choose to nonrenew all their individual market plans.