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Friday, April 25, 2008

Health Insurance in MIchigan

Sen. Tom George, chair of the committee examining proposed changes to the Michigan individual health insurance market, attempted to reach compromises by asking that only policies that have the greatest support and provide the most benefit to Michigan residents be. adopted

The fight is driven by health insurance plans held by over 300 thousand Michigan residents who are forced to buy their own health insurance coverage as they lose jobs or as employers drop coverage for their employees.

The question is...whether the individual health insurance market in Michigan is growing as fast as Blue Cross Blue Shield of Michigan (BCBSM) has predicted, or is there time to more carefully sign effective policies for health insurance consumers.

Pointing to large profits of private health insurance companies in Michigan, Cook said that the companies "are fighting changes in Michigan that will make them take a larger share" of the responsibility for providing health insurance to Michigan residents.

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