Michigan Statutes

§ 550.960 — Rules.

Michigan § 550.960

JurisdictionMichigan

Ch. 550GENERAL INSURANCE LAWS

Act 218 of 1984THIRD PARTY ADMINISTRATOR ACT (550.901-550.962)

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Bluebook

Mich. Comp. Laws § 550.960 (2026).

Text

THIRD PARTY ADMINISTRATOR ACT (EXCERPT) Act 218 of 1984 550.960 Rules. Sec. 60.

(1)The commissioner, after notice and hearing, may promulgate rules pursuant to the administrative procedures act of 1969, Act No. 306 of the Public Acts of 1969, being sections 24.201 to 24.315 of the Michigan Compiled Laws, as necessary to effectuate the purposes of this act.

(2)A copy of the rules promulgated under this act and any amendments thereto shall be mailed to each TPA authorized to do business in this state 30 days prior to the effective date thereof.

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THIRD PARTY ADMINISTRATOR ACT (EXCERPT) Act 218 of 1984 550.960 Rules. Sec. 60. (1) The commissioner, after notice and hearing, may promulgate rules pursuant to the administrative procedures act of 1969, Act No. 306 of the Public Acts of 1969, being sections 24.201 to 24.315 of the Michigan Compiled Laws, as necessary to effectuate the purposes of this act. (2) A copy of the rules promulgated under this act and any amendments thereto shall be mailed to each TPA authorized to do business in this state 30 days prior to the effective date thereof.

Legislative History

1984, Act 218, Eff. Jan. 1, 1985

Nearby Sections

15

§ 550.1

Declaration of emergency.

§ 550.1001

§ 550.1002

§ 550.1003

Persons authorized to sell health benefits; packaging health benefits with insurance; notify agent of record; annual appointment fee; "agent of record" defined.

§ 550.1004

Influencing agent prohibited.

§ 550.1004a

Applicability of certain statutory provisions.

§ 550.1005

Compensation of health benefit agents.

§ 550.1006

Authorized agents; requirements, duties, and restrictions; powers of commissioner.

§ 550.1008

Contracts or other arrangements for packaging of health benefits with insurance; policy supplementing health benefits of health maintenance organization.

§ 550.1009

Licensing affiliate of health benefit corporation as insurance agent prohibited.

§ 550.1010

Health benefit agent as fiduciary; evidence of violation of fiduciary responsibility; use of reasonable accounting methods; records required; examination of records; prohibited conduct.

§ 550.1012

Notice of termination of agent's authority; liability; duration of agent's responsibility; cancellation or refusal to renew certificate of subscriber; certain referrals or communications prohibited; records, names of subscribers, and expiration dates of certificates and contracts as property of agent; copies of written communications between health benefit corporations and subscribers; grounds for cancellation of agent's contract or termination of agent's authority; authorizing licensed accident and health insurance agent to sell health benefits.

§ 550.1014

Suspension, revocation, refusal to grant, or refusal to renew accident and health insurance license; grounds; notice; hearing; summary suspension; subpoenas.

§ 550.1016

Violation of act; orders; penalties for violation of cease and desist order; injunction.

§ 550.1018

Construction of act.

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Bluebook (online)

Michigan § 550.960, Counsel Stack Legal Research, https://law.counselstack.com/statute/mi/550/550.960.