Michigan Health Insurance Companies Submit Plans for Federal Marketplace
FOR IMMEDIATE RELEASE: June 19, 2017
(LANSING) The Michigan Department of Insurance and Financial Services (DIFS) received filing information from nine health insurance companies seeking inclusion in the federally-run Michigan Health Insurance Marketplace.
“I am pleased with the number of companies that have shown interest in participating again this year,” said DIFS Director Patrick McPharlin. “The number of companies participating will foster competition and provide many choices for Michigan consumers.”
While Michigan utilizes the federally-facilitated marketplace, DIFS is responsible for reviewing all plans and rates to ensure compliance with state and federal laws. As part of the review process, DIFS will release the proposed “2018 Michigan Health Insurance Rate Change Requests” for both individual and small group policies by August 1, 2017. These charts will show the companies’ proposed average rate change, the number of affected individuals, and various statistics about plan offerings, including the number of plans experiencing 10% or greater rate increases.
The nine Qualified Health Plans filed for the Michigan Health Insurance Marketplace are:
- Blue Care Network of Michigan
- Blue Cross Blue Shield of Michigan
- Health Alliance Plan
- McLaren Health Plan
- Meridian Health Plan of Michigan, Inc.
- Molina Healthcare of Michigan
- Priority Health
- Total Health Care USA
Open enrollment for Michigan’s federally-operated health insurance marketplace will begin November 1, 2017, with coverage effective on January 1, 2018. Information about the health care marketplace is available at www.healthcare.gov. Michigan residents with health insurance questions can visit www.michigan.gov/hicap.