™Your Policy Risk Impact Agent
32 chapters · 358 sections in this title.
Mich. Comp. Laws § 550.1765 Appropriation for administration.
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Sec. 15. For administration and compliance requirements created by this act, in the 2018-2019 state fiscal year and each fiscal year thereafter, the department shall receive from the insurance provider fund created in section 13 an amount not to exceed 1/2 of 1% of the annual rem…
Mich. Comp. Laws § 550.1767 Failure to pay assessment, interest, or penalty; final determination; written notice to director; suspension or revocation of certificate of authority to transact insurance.
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Sec. 17. The department shall provide the director of the department of insurance and financial services with written notice of any final determination that an insurance provider has failed to pay an assessment, interest, or penalty when due. The director of the department of ins…
Mich. Comp. Laws § 550.901 Short title.
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Sec. 1. This act shall be known and may be cited as the "third party administrator act".
Mich. Comp. Laws § 550.902 Definitions.
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Sec. 2. As used in this act: (a) "Administrative services manager" or "manager" means an individual responsible for conducting the daily operations of a third party administrator. (b) "Benefit plan" or "plan" means a medical, surgical, dental, vision, or health care benefit plan …