Yahoo published these findings over 20 years ago , that frequent re-auth made customers less secure because it encouraged poor password hygiene like short passwords, writing them down, etc. It's also risky to have the primary password credential transmitted instead of temporary tokens.
On the side of things, the risk of never needing your password is people tend to forget it. Just the other week I was helping someone setup a TV and they thought they didn’t have an Amazon login, because they never needed to login. This was a Prime member. 1Password defaults to having users reauthenticate every 2 weeks. I do find this a bit annoying, but I find the occasional reminder of my password to be a necessity…
I think this should be handled out of band of the login process. Similar to "is xxx still your phone number?" -- companies could do periodic password hygiene and freshness checks.
Context matters. Companies forget that people are trying to get something important done, and blocking them for other attention is a huge frustration.