The bill amends the Michigan Insurance Code of 1956 by establishing the Insurance Coverage and Affordability Task Force within the legislative council. This task force will consist of various members, including representatives from health maintenance organizations, health insurance companies, hospitals, and medical professionals, as well as legislative members appointed by key leaders. The task force is tasked with reviewing any proposed health insurance mandates, assessing their social impact, financial implications, and medical efficacy, and providing recommendations to the legislature within a specified timeframe.

Additionally, the task force is required to conduct a comprehensive evaluation of existing health insurance mandates within two years of the bill's enactment. This evaluation will include an assessment of the costs associated with these mandates and their impact on health care in Michigan. The bill also stipulates that health insurers and health maintenance organizations will not incur costs related to compliance with this section, and the provisions of this section will expire three years after its effective date.

Statutes affected:
Senate Introduced Bill: 500.100, 500.8302