The director shall adopt reasonable rules to establish specific standards for enhanced short-term plans. The standards shall be in addition to and in accordance with applicable laws of this state, including this chapter. The standards:
(1)  Shall include requirements for renewability that are consistent with federal law regarding short-term, limited duration insurance; and

Terms Used In Idaho Code 41-5214

  • Carrier: means any entity that provides health insurance in this state. See Idaho Code 41-5203
  • Director: means the director of the department of insurance of the state of Idaho. See Idaho Code 41-5203
  • Enhanced short-term plan: means an individual health benefit plan that:
Idaho Code 41-5203
  • Premium: means all moneys paid by an individual and eligible dependents as a condition of receiving coverage from a carrier, including any fees or other contributions associated with the health benefit plan. See Idaho Code 41-5203
  • State: when applied to the different parts of the United States, includes the District of Columbia and the territories; and the words "United States" may include the District of Columbia and territories. See Idaho Code 73-114
    • (2)  May include, but need not be limited to:
    (a)  A scope of covered benefits, which may be as broad as the scope of covered benefits required to be included in individual health benefit plans that are not deemed short-term, limited duration insurance under federal law;
    (b)  Restrictions on premium rate increases when an enhanced short-term plan ceases to be renewable and the individual policyholder reapplies for coverage from the same carrier; and
    (c)  Conversion of enhanced short-term plans into fully renewable coverage upon a finding by the director that the conversion complies with law and is in the best interests of the public.