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.
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
by
Referred to the Committee on Government Operations