HEALTH INSURANCE EXCHANGE                                                             H.B. 4044 (S-1):

                                                                                                    SUMMARY OF BILL

                                                                                      REPORTED FROM COMMITTEE

House Bill 4044 (Substitute S-1 as reported)

Sponsor:  Representative Mike Shirkey

House Committee:  Health Policy

Senate Committee:  Health Policy

CONTENT

The bill would amend the Insurance Code to provide that, notwithstanding any law to the contrary, an insurer or health maintenance organization (HMO) that is authorized under the Code to offer and sell disability insurance or HMO contracts in Michigan could not be required to offer and sell its products, exclusively or partially, through an exchange created in Michigan for the purposes described in the Patient Protection and Affordable Care Act as amended by the Health Care and Education Reconciliation Act.  Additionally, notwithstanding any law to the contrary, an insurer or HMO that otherwise met that Act's requirements could not be prohibited from offering or selling its products through such an exchange.

Proposed MCL 500.455                                                   Legislative Analyst:  Julie Cassidy

FISCAL IMPACT

The bill would have no fiscal impact on State or local government.

Date Completed:  2-28-14                                                 Fiscal Analyst:  Steve Angelotti

This analysis was prepared by nonpartisan Senate staff for use by the Senate in its deliberations and does not constitute an official statement of legislative intent.