BACK


By putting many of the same protections enjoyed by Michigan small employers in place for individual purchasers of health insurance, the legislation promotes long-term affordability and access. From creating a level playing field for insurers, to creating a common-sense pricing structure and preventing drastic rate hikes because of illness, these bills help protect Michigan residents.

These are the same common sense solutions that were implemented to improve health insurance for small businesses. These solutions worked for small businesses; they’ll work for individuals seeking coverage.


Market reform works

Four years ago, the Michigan Legislature changed the laws that regulate insurance coverage for people who work for a small business and receive health insurance through their employers. These laws have effectively helped improve the security and affordability of health coverage for them by holding down the rate of premium increases, creating healthy competition among insurers, and spurring them to offer more coverage options.

Unfortunately, there is no such security today for anyone getting coverage on their own. As the economy changes, more people will be without insurance through their employers and find themselves buying their own insurance. That’s why we need reform — to make sure the same successful protections are extended to everyone.

The Michigan Insurance Commissioner reviewed small group reforms and called them successful. They stabilized the market, moderated rates and increased competition. Reforms will provide the same results for the individual insurance market. The legislation stabilizes the entire insurance market in the long term.

 

ABOUT US MEMBERS PRESS RELEASES