This bill amends the Michigan Insurance Code of 1956 by updating several sections related to health insurance policies. Key provisions include the requirement for insurers to offer dependent coverage until the dependent reaches 26 years of age, ensuring that coverage for newly born children is effective from birth, and prohibiting denial of enrollment based on various criteria such as the child's residency or tax dependency status. Additionally, the bill specifies that it does not apply to retiree-only health insurance coverage.

The bill also addresses essential health benefits by prohibiting lifetime and annual dollar limits on such coverage, while allowing limits on non-essential benefits as permitted by law. It mandates coverage for mental health and substance use disorder services, ensuring parity with medical/surgical benefits, and prohibits preexisting condition exclusions for individuals. The amendments clarify that certain types of insurance, including short-term policies and specific limited benefit plans, are exempt from these requirements. Overall, the bill aims to enhance health insurance coverage and protections for individuals and families in Michigan.

Statutes affected:
House Introduced Bill: 500.3403
As Passed by the House: 500.3403