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House Insurance Committee hears testimony on bill to align state code with federal ACA exemptions
Summary
The Michigan House Insurance Committee heard testimony on House Bill 4464, a cleanup bill introduced by Chair Harris that would codify federal exemptions under the Affordable Care Act for retiree-only plans, non-grandfathered plans and fixed indemnity plans; no vote was taken and the panel will revisit the bill next week.
The Michigan House Insurance Committee heard testimony on House Bill 4464, a cleanup bill introduced by Chair Harris that, according to the chair, would amend the state insurance code to codify federal exemptions under the Affordable Care Act for retiree-only plans, non-grandfathered plans and fixed indemnity plans. Committee members did not vote; the bill was scheduled for reconsideration next week.
Chair Harris described the measure as narrow and technical: "This is a very, very basic cleanup bill, addresses some technical issues, to the insurance code and aims to codify some federal…
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