Michigan Amends Insurance Provider Assessment Act

The Michigan Governor signed a law amending the Insurance Provider Assessment Act. The law includes: 1) providing that if the federal Centers for Medicare and Medicaid Services (CMS) waiver is approved on an ongoing basis, the Department of Health and Human Services (DHHS) my use information in the waiver approval instead of updating the health insurance provider assessment tax on an annual basis; 2) providing that the DHHS may continue the tax structure approved by CMS on Dec. 20, 2024, and in place on July 4, 2025, unless CMS end dates the waiver; and 3) providing that if the waiver ...