Bill

Bill > HB4732


MI HB4732

MI HB4732
Insurance: health benefits; excluding federal excepted benefits from a health insurance policy; provide for. Amends sec. 3701 of 1956 PA 218 (MCL 500.3701). TIE BAR WITH: HB 4733'23


summary

Introduced
06/13/2023
In Committee
10/17/2023
Crossed Over
10/12/2023
Passed
Dead
12/31/2024

Introduced Session

102nd Legislature

Bill Summary

A bill to amend 1956 PA 218, entitled"The insurance code of 1956,"by amending section 3701 (MCL 500.3701), as amended by 2016 PA 276.

AI Summary

This bill amends the Insurance Code of 1956 by modifying the definition of "health benefit plan" to exclude federal excepted benefits, such as accident-only, credit, dental, or disability income insurance. The bill also updates the definition of "small employer" to align with federal regulations, which define a small employer as one that employed an average of at least 1 but not more than 50 full-time employees during the preceding calendar year. The bill's enactment is contingent on the passage of a separate Senate or House bill.

Committee Categories

Budget and Finance, Business and Industry

Sponsors (12)

Last Action

Referred To Committee On Finance, Insurance, And Consumer Protection (on 10/17/2023)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...