bare-bones health plan

bare-bones health plan

A popular term for a low-cost, no-frills or “stripped-down” health insurance policy, which is the minimum required by law for companies which have a legal obligation to provide healthcare for their employees.
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Republican critics blasted the new rules, especially the reprieve for bare-bones health plans that don't provide all the ACA-mandated benefits.
Business lobbyists this year are pressing for legislation that would allow health insurers to offer bare-bones health plans, enabling small businesses to waive costly mandates.