The new proposed rule would limit short-term medical coverage to three months, with an option to extend for one additional month, resulting in a maximum coverage period of four months. Existing policies sold prior to the effective date of the final rule would be allowed to continue for the full duration under the 2018 Short-Term, Limited-Duration Insurance Final Rule. Consecutive contracts with a total duration exceeding four months would be allowed if sold by different issuers and consistent with applicable state law.