Thursday, June 6, 2013

14 insurance companies submit plans to be sold on Michigan exchange

Here we go: The 14 qualified insurance companies who will sell policies on the Obamacare exchange in Michigan have been named.

Here's the press release:

LANSING – The Michigan Department of Insurance and Financial Services (DIFS) received filing information from 14 health insurance companies seeking inclusion in the federally-run Michigan health insurance exchange, set to launch on October 1, 2013. Nearly all of the companies submitted plans for the individual market and 11 offered plans for the small group (small business) market.

“I am pleased with the number of companies that submitted Qualified Health Plans (QHPs) in Michigan,” said DIFS Director Kevin Clinton. “The large amount of participation will foster competition and provide many choices for Michigan families and businesses.”

While Michigan’s health insurance exchange will be a federally-facilitated exchange, DIFS will review all plans to ensure compliance with state and federal laws. DIFS anticipates that all filing data, including rate information, will be made public on October 1st, after reviews are completed by DIFS and the federal government.

Michigan Qualified Plans Filed for Health Insurance Exchange

Health Insurance Company
Type of Filing
Alliance Health and Life Insurance Company
Individual/ Small Group
Blue Care Network of Michigan
Individual /Small Group
Blue Cross Blue Shield of Michigan
Individual/ Multi State Plan/Small Group
Consumers Mutual Insurance of Michigan (CO-OP)
Individual/Small Group
Health Alliance Plan
Individual/Small Group
Humana Medical Plan of Michigan, Inc.
Individual
McLaren Health Plan
Individual/Small Group
Meridian Health Plan of Michigan, Inc.
Individual
Molina Healthcare of Michigan
Individual
Physicians Health Plan
Individual/Small Group
Priority Health
Individual/Small Group
Priority Health Insurance Company
Individual/Small Group
Total Health Care USA
Individual/Small Group
United Healthcare Life Insurance Company
Small Group

Open enrollment for Michigan’s federally-operated health insurance exchange will begin October 1, 2013, with coverage effective on January 1, 2014. Information about the health care exchange is available at www.healthcare.gov. Michigan residents with health insurance questions can visit www.michigan.gov/hicap.

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