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Michigan Compiled Laws Complete Through PA 578 of 2018
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Act 252 of 1986
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Act 252 of 1986

AN ACT to regulate the marketing and transacting of certain health benefits; to regulate the agents of health benefit corporations; to establish certain powers and duties of health benefit corporations and agents of health benefit corporations; to establish the powers and duties of certain state officers and agencies; and to provide for certain penalties.

History: 1986, Act 252, Eff. Mar. 31, 1987
Compiler's Notes: For transfer of the Department of Insurance and Office of the Commissioner on Insurance from the Department of Licensing and Regulation to the Department of Commerce, see E.R.O. No. 1991-9, compiled at MCL 338.3501 of the Michigan Compiled Laws.

© 2017 Legislative Council, State of Michigan

The People of the State of Michigan enact:

Section 550.1001SectionShort title.
Section 550.1002SectionDefinitions.
Section 550.1003SectionPersons authorized to sell health benefits; packaging health benefits with insurance; notify agent of record; annual appointment fee; "agent of record" defined.
Section 550.1004SectionInfluencing agent prohibited.
Section 550.1004aSectionApplicability of certain statutory provisions.
Section 550.1005SectionCompensation of health benefit agents.
Section 550.1006SectionAuthorized agents; requirements, duties, and restrictions; powers of commissioner.
Section 550.1008SectionContracts or other arrangements for packaging of health benefits with insurance; policy supplementing health benefits of health maintenance organization.
Section 550.1009SectionLicensing affiliate of health benefit corporation as insurance agent prohibited.
Section 550.1010SectionHealth benefit agent as fiduciary; evidence of violation of fiduciary responsibility; use of reasonable accounting methods; records required; examination of records; prohibited conduct.
Section 550.1012SectionNotice of termination of agent's authority; liability; duration of agent's responsibility; cancellation or refusal to renew certificate of subscriber; certain referrals or communications prohibited; records, names of subscribers, and expiration dates of certificates and contracts as property of agent; copies of written communications between health benefit corporations and subscribers; grounds for cancellation of agent's contract or termination of agent's authority; authorizing licensed accident and health insurance agent to sell health benefits.
Section 550.1014SectionSuspension, revocation, refusal to grant, or refusal to renew accident and health insurance license; grounds; notice; hearing; summary suspension; subpoenas.
Section 550.1016SectionViolation of act; orders; penalties for violation of cease and desist order; injunction.
Section 550.1018SectionConstruction of act.
Section 550.1020SectionConditional effective date.
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