Insurance: health insurers; updated references to reflect the enactment of the Michigan health insurance exchange act; provide for. Amends secs. 1261, 1262, 1262a & 1264 of 1956 PA 218 (MCL 500.1261 et seq.). TIE BAR WITH: SB 0973’26
Key claim: SB0974 amends sections of the Michigan Insurance Code to update statutory references in line with the newly enacted Michigan health insurance exchange act.
Abstract
(SB0974 · 103rd Legislature) Insurance: health insurers; updated references to reflect the enactment of the Michigan health insurance exchange act; provide for. Amends secs. 1261, 1262, 1262a & 1264 of 1956 PA 218 (MCL 500.1261 et seq.). TIE BAR WITH: SB 0973’26 Latest action (2026-06-18): Referred To Committee On Insurance
Why this matters
Conforming amendments to the Insurance Code signal that the state-based exchange package is moving as a coordinated set of bills rather than a single standalone act, weaving the new exchange into existing insurer regulation. While technical, these updates are necessary plumbing for insurers offering ACA-compliant coverage in Michigan to operate under a state-run marketplace.