Michigan Compiled Laws § 500.3472 Open Enrollment Period; Prohibitions; Establishment Of Reasonable Periods For Disability Policies; Minimum Standards For Frequency And Duration Of Open Enrollment Periods.

500.3472 Open enrollment period; prohibitions; establishment of reasonable periods for disability policies; minimum standards for frequency and duration of open enrollment periods.

Sec. 3472.

(1) Beginning January 1, 2014, during an applicable open enrollment period, an insurer shall not deny or condition the issuance or effectiveness of a policy and shall not discriminate in the pricing of a policy on the basis of health status, claims experience, receipt of health care, or medical condition.

(2) Subject to prior approval of the commissioner, an insurer shall establish reasonable open enrollment periods for all disability policies offered, delivered, issued for delivery, or renewed in this state on or after January 1, 2014.

(3) The commissioner shall establish minimum standards for the frequency and duration of open enrollment periods established under subsection (2). The commissioner shall uniformly apply the minimum standards for the frequency and duration of open enrollment periods established under this subsection to all insurers.

History: Add. 2013, Act 5, Imd. Eff. Mar. 18, 2013
Popular Name: Act 218

Section: Previous  500.3452  500.3454  500.3460  500.3462  500.3464  500.3466  500.3468  500.3470  500.3472  500.3474  500.3474a  500.3475  500.3476  500.3480    Next

Last modified: October 10, 2016