"This final rule establishes requirements for student health insurance
coverage under the Public Health Service (PHS) Act and the Patient
Protection and Affordable Care Act (Affordable Care Act). The final rule
defines “student health insurance coverage” as a type of individual
health insurance coverage, and specifies that certain PHS Act
requirements are inapplicable to this type of individual health
insurance coverage. This final rule also amends the medical loss ratio
and annual limits requirements for student health insurance coverage
under the PHS Act."