Insurance Rates

Health Marketplace Insurance Rates Drop Substantially For 2020

LANSING - Persons seeking health insurance via the federal marketplace could see a major decrease in what they pay starting next year. The Department of Insurance and Financial Services announced the proposed 2020 rate change requests Wednesday. Of the 11 issuers in the individual market, seven reported a rate decrease ranging anywhere from 0.1 to

By Gongwer|2020-01-12T16:13:57-05:00July 18th, 2019|Politics, Politics/Government|

Study: Most Of Michigan Faces Unaffordable Insurance Rates

Study: Most Of Michigan Faces Unaffordable Insurance Rates

LANSING - Though insurance rates in Detroit have long been a target of reform proponents, nearly the entire state faces rates deemed unaffordable under federal standards, a report from the University of Michigan Poverty Solutions said. The U.S. Department of Treasury Insurance Office says insurance rates of more than 2 percent of median annual income for a

By Gongwer|2019-03-24T19:24:29-04:00March 24th, 2019|Politics, Politics/Government|