State Codes and Statutes
Statutes > Michigan > Chapter-550 > Act-350-of-1980 > 350-1980-4 > Section-550-1401eTHE NONPROFIT HEALTH CARE CORPORATION REFORM ACT (EXCERPT)
Act 350 of 1980
550.1401e Group certificate issued by health care corporation; renewal or continuation; guaranteed renewal.
Sec. 401e.
(1) Except as provided in this section, a health care corporation that has issued a nongroup certificate shall renew or continue in force the certificate at the option of the individual.
(2) Except as provided in this section, a health care corporation that has issued a group certificate shall renew or continue in force the certificate at the option of the sponsor of the plan.
(3) Guaranteed renewal is not required in cases of fraud, intentional misrepresentation of material fact, lack of payment, if the health care corporation no longer offers that particular type of coverage in the market, or if the individual or group moves outside the service area.
History: Add. 1996, Act 516, Eff. Oct. 1, 1997
Popular Name: Blue Cross-Blue Shield
Popular Name: Act 350
