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state_legiscan_drain · MI

Insurance: health insurers; state-based insurance exchange; provide for. Creates new act. TIE BAR WITH: SB 0977'26

May 14, 2026

Summary

If enacted, this bill would establish a state-based health insurance exchange in Michigan, replacing the federal marketplace for qualified health plans. The exchange would be operated by the state and regulated by the Michigan Department of Insurance and Financial Services. This affects health insurers, brokers, and consumers who purchase individual or small-group health coverage.

AI-generated summary · Jun 8, 2026. Verify with your compliance counsel before acting.

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Source: https://legislature.mi.gov/Bills/Bill?ObjectName=2026-SB-0973

Common questions

What does "Insurance: health insurers; state-based insurance exchange; provide for. Creates new act. TIE BAR WITH: SB 0977'26" cover?
If enacted, this bill would establish a state-based health insurance exchange in Michigan, replacing the federal marketplace for qualified health plans.…
When was it published?
It was published on May 14, 2026.

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