Insurance: health insurers; insurance coverage and affordability task force; establish. Amends 1956 PA 218 (MCL 500.100 - 500.8302) by adding sec. 3478.
Impact
The creation of the task force is intended to provide a structured approach for assessing the social and financial ramifications of mandating specific health insurance benefits. The task force will analyze how proposed mandates affect availability, quality of care, and financial implications for both insurers and consumers. The bill aims to help state legislators make informed decisions on health mandates by delivering comprehensive assessments of existing and proposed requirements, which could substantially influence the cost of healthcare in Michigan.
Summary
Senate Bill 910 aims to amend the 1956 PA 218, also known as the insurance code, by establishing the Insurance Coverage and Affordability Task Force within the legislative council. This task force will comprise various stakeholders from the healthcare and insurance industries, as well as legislative representatives, to evaluate and review health insurance mandates proposed in the state. The bill outlines the composition, responsibilities, and operation of the task force, including provisions for public meetings and adherence to the Open Meetings Act and the Freedom of Information Act.
Contention
Notable points of contention surrounding SB 910 arise from the complexity of health insurance mandates and their impact on insurance costs. Proponents argue that rigorous analysis by the task force can minimize unnecessary financial burdens on both insurers and consumers while ensuring vital health services are accessible. Conversely, critics may express concerns about the potential delay in introducing new healthcare mandates if they are subjected to lengthy reviews or if the task force's evaluations lead to a reduction in necessary coverages.
Insurance: health insurers; coverage for gynecological and perinatal services; require. Amends 1956 PA 218 (MCL 500.100 - 500.8302) by adding sec. 3406cc.
Insurance: health insurers; compliance with the prescription drug cost and affordability review act; require. Amends 1956 PA 218 (MCL 500.100 - 500.8302) by adding sec. 3406tt. TIE BAR WITH: SB 0003'25
Insurance: health insurers; compliance with affordable care act coverage; modify. Amends secs. 3403, 3406z, 3406bb & 3406ii of 1956 PA 218 (MCL 500.3403 et seq.).
Insurance: no-fault; penalties for lapse of insurance policy; eliminate. Amends secs. 2116b, 2118 & 2120 of 1956 PA 218 (MCL 500.2116b et seq.) & repeals sec. 2116a of 1956 PA 218 (MCL 500.2116a).
Insurance: health insurers; coverage for a nonopioid analgesic drug for pain treatment; require. Amends 1956 PA 218 (MCL 500.100 - 500.8302) by adding sec. 3406ll.