Insurance: pools; small business health pool; provide for. Amends 1956 PA 218 (MCL 500.100 - 500.8302) by adding ch. 71A.

This bill creates Chapter 71A of the Michigan insurance code, establishing "small business health pools" as state-regulated multiple employer welfare arrangements (MEWAs). These pools would allow eligible small businesses and self-employed individuals to group together through bona fide sponsoring associations to offer health coverage. The bill outlines requirements for these pools, including essential health benefits, rating factors, solvency, and creates a state-funded catastrophic reinsurance program to help stabilize premiums for small businesses.

No official summary on file for this bill · generated by Gemini 2.5 Flash from its full text

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