Michigan Statutes

§ 550.56 — Reporting certain information on standard forms required; availability of information to appropriate state agencies; confidentiality.

Michigan § 550.56
JurisdictionMichigan
Ch. 550GENERAL INSURANCE LAWS
Act 233 of 1984PRUDENT PURCHASER ACT (550.51-550.63)

This text of Michigan § 550.56 (Reporting certain information on standard forms required; availability of information to appropriate state agencies; confidentiality.) is published on Counsel Stack Legal Research, covering Michigan primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Mich. Comp. Laws § 550.56 (2026).

Text

PRUDENT PURCHASER ACT (EXCERPT) Act 233 of 1984 550.56 Reporting certain information on standard forms required; availability of information to appropriate state agencies; confidentiality. Sec. 6.

(1)An organization which enters into prudent purchaser agreements with health care providers under this act shall report with its annual statement, or on a date set by the commissioner, on standard forms prescribed by the commissioner the following information:
(a)The number of natural persons receiving health care benefits under prudent purchaser agreements.
(b)The number of individual and group contracts providing health care services pursuant to prudent purchaser agreements.
(c)The dollar volume of business conducted under prudent purchaser agreements.
(2)Information received by the commi

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Legislative History

1984, Act 233, Eff. Dec. 20, 1984 ;-- Am. 1988, Act 282, Imd. Eff. July 27, 1988 Compiler's Notes: For transfer of authority, powers, duties, functions, and responsibilities of the insurance bureau and the commissioner of insurance to the commissioner of the office of financial and insurance services and the office of financial and insurance services, see E.R.O. No. 2000-2, compiled at MCL 445.2003 of the Michigan compiled laws.

Nearby Sections

15
§ 550.1001
Short title.
§ 550.1002
Definitions.
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Bluebook (online)
Michigan § 550.56, Counsel Stack Legal Research, https://law.counselstack.com/statute/mi/550/550.56.