There Is a Newer Version of the Michigan Compiled Laws
2012 Michigan Compiled Laws
Chapter 550 — GENERAL INSURANCE LAWS
Act 252 of 1986 — THE HEALTH BENEFIT AGENT ACT (550.1001 - 550.1020)
- Section 550.1001 — Short title.
- Section 550.1002 — Definitions.
- Section 550.1003 — Persons authorized to sell health benefits; packaging health benefits with insurance; annual appointment fee.
- Section 550.1004 — Influencing agent prohibited.
- Section 550.1004a — Applicability of certain statutory provisions.
- Section 550.1005 — Compensation of health benefit agents.
- Section 550.1006 — Authorized agents; requirements, duties, and restrictions; powers of commissioner.
- Section 550.1008 — Contracts or other arrangements for packaging of health benefits with insurance; policy supplementing health benefits of health maintenance organization.
- Section 550.1009 — Licensing affiliate of health benefit corporation as insurance agent prohibited; certain employees or affiliates of health benefit corporation prohibited from transacting insurance.
- Section 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.
- Section 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.
- Section 550.1014 — Suspension, revocation, refusal to grant, or refusal to renew accident and health insurance license; grounds; notice; hearing; summary suspension; subpoenas.
- Section 550.1016 — Violation of act; orders; penalties for violation of cease and desist order; injunction.
- Section 550.1018 — Construction of act.
- Section 550.1020 — Conditional effective date.
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