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Michigan SB61

Insurance; health care corporations; merger of health care corporation with a nonprofit mutual disability insurer; allow, and provide procedures, prescribe requirements on rating and certain contract provisions, and establish requirements for a health endowment fund corporation. Amends title & secs. 218, 401e & 414b of 1980 PA 350 (MCL 550.1218 et seq.) & adds secs. 201a, 220, 400, 401m, 410b, 501c & 620 & pt. 6A. TIE BAR WITH: SB 0062'13