Health insurance companies submit plans for Michigan’s insurance exchange

Michigan Health Insurance - State Plan

Insurers have submitted policies and rate proposals for products sold through state’s exchange Michigan’s insurance companies have submitted their new policies and rate proposals to the state’s health insurance exchange. These policies are to be sold during the exchange’s next open enrollment period, which is expected to occur in November of this year. Last year, some 272,000 people throughout Michigan enrolled for coverage through the state’s insurance exchange. These people received their policies from the 14 insurance companies that are participating in the exchange. Regulators will review policies and their…

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Health insurance cooperative in Michigan to join the exchange

Michigan Health Insurance - State Plan

The new co-op will target its products toward small businesses within the state. Starting on October 1, when the health insurance exchange will be opening for enrollment in Michigan, small businesses and individuals will now have an additional option to compare and consider, from the Consumers Mutual Insurance of Michigan. The organization is based in East Lansing and will now be listed on the federal exchange for the state. The health insurance cooperative will be boosting its operations under the leadership of Denny Litos, its CEO. The company received a…

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Healthcare reforms battle in Michigan rages on

Health insurance care reform confusion debate

The state has still not given its approval for the Governor’s new health insurance marketplace. Governor Rick Snyder has made yet another attempt to step forward in the state’s healthcare reforms by trying to obtain approval for a new health insurance market in Michigan, but this has once again been denied. The struggle in the state over the changes that must be made to the system is nowhere near over. The Republican-led Senate in Michigan was quick to stand behind the governor’s state created and operated health insurance exchange, as…

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Health insurance exchange in Michigan currently under debate

Michigan Health Insurance - State Plan

Lawmakers in the state are currently considering the way to spend their $31 million healthcare grant. The Governor Rick Snyder administration has instructed Michigan lawmakers to consider the $31 million grant that the federal government provided in order to establish the state’s health insurance exchange, as their approval will be required within the next few weeks. This is meant to ensure that a consumer friendly coverage marketplace will be effectively established. This is a requirement of the federal healthcare overhaul. Should the spending of the money for the health insurance…

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Affordable Care Act continues to cause controversy

homeowners insurance policy multiple claims

Potential problems begin to emerge for the Affordable Care Act There is no shortage of controversy when it comes to the Affordable Care Act in the U.S. The federal law was passed in 2010 and has been the crux of political conflict ever since then, with many politicians claiming that it oversteps the federal government’s boundaries in terms of authority. Earlier this year, the law made its way to the Supreme Court, where Justices debated the constitutionality of the Affordable Care Act and its various provisions. Though the Justices showed…

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