A bill to amend 2018 PA 175, entitled “Insurance provider assessment act,” by amending section 13 (MCL 550.1763).
The bill outlines the management and allocation of funds collected under the Insurance Provider Assessment Act. It mandates that all collected money be deposited into the insurance provider fund within the state treasury, which is to be administered by the department for auditing purposes. The state treasurer is responsible for the fund's investments and crediting interest and earnings. The bill specifies appropriations from the fund for Medicaid managed care organizations, administrative and compliance costs, and the support of the health information exchange.
Co-sponsored by Reps.
Referred to the Committee on Health Policy
