™Your Policy Risk Impact Agent
32 chapters · 358 sections in this title.
Mich. Comp. Laws § 550.51 Short title.
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Sec. 1. This act shall be known and may be cited as the "prudent purchaser act".
Mich. Comp. Laws § 550.52 Definitions.
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Sec. 2. As used in this act: (a) "Commissioner" means the commissioner of insurance. (b) "Dental care corporation" means a dental care corporation incorporated under 1963 PA 125, MCL 550.351 to 550.373. (c) "Health care corporation" means a health care corporation incorporated un…
Mich. Comp. Laws § 550.53 Prudent purchaser agreement; number; location of health care provider; membership on provider panel; written standards; notice procedures; provider application period; providing standards on request; notice of acceptance or rejection; reasons for termination; professional review program; evaluation; 2 or more classes of health care providers providing same health care service; removal from provider panel; membership in more than 1 provider panel; provider panel including health care providers and facilities outside state; required information; emergency episode of illness or injury; limiting number of prudent purchaser agreements; benefits for services within scope of practice of optometry, chiropractic, or physical therapy.
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Sec. 3. (1) An organization may enter into a prudent purchaser agreement with 1 or more health care providers of a specific service to control health care costs, assure appropriate utilization of health care services, and maintain quality of health care. The organization may limi…
Mich. Comp. Laws § 550.53a Disclosure of financial relationships between organization and participating health care providers, health care facilities, or other entities.
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Sec. 3a. An organization that establishes a prudent purchaser agreement shall disclose in writing to all purchasers of its coverage and to all covered members of its plans upon request the financial relationships between the organization and its participating health care provider…