Michigan Small Firms at a Crossroads: Purchase Plans, Use Private Exchange, or Self-Insure?

December 19, 2014

There has been debate about whether Michigan technically qualifies as a battleground state in political elections, but what’s clear is that it provides insight into the health insurance exchange (HIX) market impact on small employers in terms of both health plan costs and selection.

Most businesses with fewer than 50 employees are paying higher health insurance rates and finding fewer choices unless they purchase plans that comply with the Affordable Care Act’s 10 essential health benefits requirements, use a private HIX or self-insure, concludes a Crain’s Detroit Business analysis of the Michigan market.

View this full article on the Michigan Chamber’s Insurance website and find other up-to-date information related to what’s happening with Health Care Reform (Affordable Care Act) and other health care related topics.

The Michigan Chamber works with hundreds of Michigan business owners, both small and large, to navigate the ever-changing landscape of health care, and implement long-term employee benefit solutions tailored to each clients' needs.