2024 House Bill 5473

Insurance: other; the insurance code of 1956; amend to reflect amendments to the public health code.

A bill to amend 1956 PA 218, entitled “The insurance code of 1956,” by amending section 2006 (MCL 500.2006), as amended by 2017 PA 223.

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The bill mandates timely payment of insurance claims with a 12% interest penalty for delays, introduces specific procedures for health plans, and imposes fines for violations.

Introduced in the House

Feb. 22, 2024

Introduced by Rep. Josh Schriver (R-66)

Referred to the Committee on Government Operations