The bill amends the Michigan Insurance Code of 1956, specifically sections 3403, 3406z, 3406bb, and 3406ii, to enhance health insurance coverage provisions. Key changes include the requirement for insurers to offer dependent coverage until the dependent reaches 26 years of age, ensuring that all dependent children receive the same health benefits and premiums as other covered dependents. Additionally, the bill prohibits insurers from denying enrollment based on factors such as the child's birth status or residency. It also clarifies that these provisions do not apply to retiree-only health insurance coverage.

Further amendments include the prohibition of lifetime and annual limits on essential health benefits, while allowing limits on non-essential benefits as permitted by law. Insurers are mandated to provide comprehensive coverage for various health services, including preventive care, without imposing cost-sharing for certain benefits. The bill also eliminates preexisting condition exclusions for individuals, with specific exceptions for certain types of insurance coverage. Overall, these amendments aim to improve access to health insurance and ensure equitable treatment for dependents and individuals seeking coverage.

Statutes affected:
Substitute (S-1): 500.3403
Senate Introduced Bill: 500.3403