The door is open for states to relax STM regulations, allowing more flexibility in STM structures and length.

Marketplace health insurance refers to the health plans offered through the Health Insurance Marketplace, a service established under the Affordable Care Act (ACA) of 2010. The primary purpose of the marketplace is to provide individuals and families with a platform to access affordable health coverage, particularly targeting those who do not have employer-sponsored insurance or other qualifying forms of health benefits.