more michigan insurers submit plans for second year of federal health insurance marketplace

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 Michigan Dept. of Insurance and Financial Services Today at 10:05 AM FOR IMMEDIATE RELEASE June 11, 2014 Contact:  Caleb Buhs, 517-373-2380 More Michigan Insurers Submit Plans for Second Year of  Federal Health Insurance Marketplace LANSING  The Michigan Department of Insurance and Financial Services (DIFS) received filing information from 18 health insurance companies seeking inclusion in the federally-run Michigan Health Insurance Marketplace in 2015, five more than participated last year. All but two of the companies submitted plans for the individual market (16) and 11 offered plans for the small group market. I am pleased that Michigan consumers looking for insurance through the Marketplace will have the opportunity to select from even more plans than last year,” said DIFS Director Ann Flood. “Increased competition helps keep premiums lower and provides more choice for Michiganders.” In its second year, the Michigan Health Insurance Marketplace will continue to be administered by the federal government while DIFS retains the responsibility of reviewing all plans to ensure compliance with state and federal laws. The deadline for companies to file qualified health plans for approval was June 9, 2014, and the department will complete its review and submit recommendations to the U.S Department of Health and Human Services (HHS) by August 8, 2014. The rates and plans are not considered final until receiving approval from both DIFS and HHS. All filings are available to the public through DIFS website, www.michigan.gov/difs . 

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  • 8/12/2019 More Michigan Insurers Submit Plans for Second Year of Federal Health Insurance Marketplace

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