Amends health insurance policy requirements to include provisions related to the Michigan Health Insurance Exchange Act.

The bill amends section 2212a of the Michigan Compiled Laws to include provisions related to the Michigan Health Insurance Exchange Act. Insurers must provide a written summary of the health insurance policy in plain English, detailing coverage, cost-sharing, exceptions, and limitations. Insurers must also provide information on provider networks, licensing verification, and financial relationships. The bill stipulates that the summary must be provided to applicants, insureds, and upon request, and may be provided electronically. The amendment takes effect only if Senate Bill No.

Amends health insurance policy requirements to include provisions related to the Michigan Health Insurance Exchange Act.

The bill amends section 2212a of the Michigan Compiled Laws to include provisions related to the Michigan Health Insurance Exchange Act. Insurers must provide a written summary of the health insurance policy in plain English, detailing coverage, cost-sharing, exceptions, and limitations. Insurers must also provide information on provider networks, licensing verification, and financial relationships. The bill stipulates that the summary must be provided to applicants, insureds, and upon request, and may be provided electronically. The amendment takes effect only if Senate Bill No.