Insurance: health insurers; health insurance policy; include provision related to Michigan health insurance exchange act. Amends sec. 2212a of 1956 PA 218 (MCL 500.2212a). TIE BAR WITH: SB 0633'23

This bill requires health insurers in Michigan to provide a plain English summary of their policies to consumers, ensuring the document clearly explains coverage details, costs, and limitations. The legislation mandates that these summaries include specific information such as deductibles, copayments, provider networks, and instructions on how to access the full policy or a list of doctors. Additionally, the bill establishes strict timelines for delivering this summary, such as within seven business days of receiving an application or within 30 days of a policy renewal. By standardizing these disclosures, the measure aims to help individuals better understand their health insurance options and make informed decisions about their coverage.