Michigan Compiled Laws Act 530 Of 2012 Health Care Sharing Ministries Freedom To Share Act (550.1861 - 550.1869)

AN ACT to recognize the operation of health care sharing ministries by eligible entities; and to provide that entities that establish and operate health care sharing ministries are not engaging in the business of insurance.

History: 2012, Act 530, Eff. Jan. 1, 2013

Section 550.1861 Short Title.
This act shall be known and may be cited as the "health care sharing ministries freedom to share act". History: 2012, Act 530, Eff....
Section 550.1863 Definitions.
As used in this act: (a) "Eligible entity" means a faith-based, nonprofit entity that maintains tax-exempt status under section 501(c) of the internal revenue...
Section 550.1865 Health Care Sharing Ministry; Establishment; Operation; Business Of Insurance Prohibited.
An eligible entity may establish and operate a health care sharing ministry under this act. An eligible entity that establishes and operates a health...
Section 550.1867 Health Care Sharing Ministry; Requirements.
To be considered a health care sharing ministry under this act, the ministry shall meet all of the following requirements: (a) Limit participation in...
Section 550.1869 Effective Date.
This act takes effect January 1, 2013. History: 2012, Act 530, Eff. Jan. 1, 2013

Last modified: October 10, 2016