The Biden administration recently proposed new regulations that would curb short-term health plans — or, as the White House likes to call them, “junk” or “scam” insurance.

But the true scam is this attempt to deprive people of affordable coverage they like.

Short-term plans aren’t subject to Obamacare’s many cost-inflating regulations, including requirements that insurers cover 10 essential health benefits and that bar insurers from charging older enrollees any more than three times what they charge younger ones.

As a result, short-term plans are much cheaper than plans for sale through Obamacare’s exchanges. Monthly short-term premiums can be as little as $55 — a bargain compared to the $453 a month a 40-year-old would pay for the average benchmark plan.