This bill amends the Michigan insurance code of 1956 by adding a new section, 3406mm, which mandates that the director of the insurance department contract with the Michigan health insurance exchange to certify qualified health plans and qualified dental plans. The director is also required to establish criteria for this certification in accordance with federal law. Additionally, the bill clarifies that the authority of the director to regulate insurance remains intact and that qualified plans may still be subject to relevant federal and state laws.

The bill defines "qualified health plan" and "qualified dental plan" as per the definitions provided in the Michigan health insurance exchange act. It also stipulates that the enactment of this amendment is contingent upon the passage of Senate Bill No. 973 from the 103rd Legislature.

Statutes affected:
Senate Introduced Bill: 500.100, 500.8302