Key Votes

SB 61 - Authorizes the Merger of Health Care Corporations With Nonprofit Insurers - Key Vote

Michigan Key Votes

Rick Snyder signed this Legislation.

Read statements Rick Snyder made in this general time period.

Stages

Family

Issues

Stage Details

Legislation - Signed (Executive) -
Legislation - Concurrence Vote Passed (Senate) (36-0) -
Legislation - Bill Passed With Amendment (House) (92-18) - (Key vote)

Title: Authorizes the Merger of Health Care Corporations With Nonprofit Insurers

Vote Smart's Synopsis:

Vote to pass a bill that authorizes health care corporation to merge with a nonprofit mutual disability insurer and establishes the Michigan Health Endowment Fund for the public welfare.

Highlights:
  • Authorizes a health care corporation to merge with a nonprofit mutual disability insurer, resulting in the nonprofit mutual disability insurer as the surviving entity (Sec. 220).
  • Specifies that a merged nonprofit mutual disability insurer is not exempt from taxation (Sec. 220).
  • Authorizes the creation of a charitable nonprofit corporation, entitled the Michigan Health Endowment Fund, to receive and administer a fund for the public welfare, including efforts for infant mortality, wellness programs, access to healthy food, and technology enhancements (Sec. 653). 
  • Requires the Michigan Health Endowment Fund to disburse $120 million over 8 years to subsidize the cost of individual Medigap coverage (Sec. 653).
  • Requires a merged nonprofit mutual disability insurer to "use its best efforts" to make annual contributions to the Michigan Health Endowment Fund in an amount of up to $1.56 billion over a period of up to 18 years, beginning in April 2014 (Sec. 220).
  • Requires all health care corporations in Michigan to offer health care benefits to all residents regardless of health status until January 1, 2014 (Sec. 401).
  • Requires health care providers to do the following actions before discontinuing any plan or product (Sec. 401):
    • Provide notice to the Office of Financial and Insurance Regulation commissioner; and
    • Offer covered individuals the option to purchase any other plan or product without excluding  coverage for a pre-existing condition or providing a waiting period.
Legislation - Bill Passed (Senate) (36-0) -
Legislation - Introduced (Senate) -

Title: Authorizes Blue Cross Blue Shield to Merge with Non-profit Health Care Organizations

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