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MI SB1224

MI SB1224
Insurance; health insurers; short-term limited duration health insurance; extend coverage period. Amends sec. 2213b of 1956 PA 218 (MCL 500.2213b).


summary

Introduced
11/28/2018
In Committee
11/28/2018
Crossed Over
Passed
Dead
12/31/2018

Introduced Session

99th Legislature

Bill Summary

Insurance; health insurers; short-term limited duration health insurance; extend coverage period. Amends sec. 2213b of 1956 PA 218 (MCL 500.2213b).

AI Summary

This bill amends Section 2213b of the Insurance Code of 1956 to extend the maximum coverage period for short-term, limited-duration health insurance policies from 6 months to 12 months. It also requires these policies to include coverage for emergency care, hospital services, physician services, laboratory services, and X-ray services, and mandates a 10-day free look period for a full refund. Additionally, the bill limits the total gross written premiums for these short-term policies to no more than 10% of the collective gross written premiums for all individual health insurance policies in the state.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

Referred To Committee On Michigan Competitiveness (on 11/28/2018)

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