State insurance regulators are seeking public comment on requested health insurance policy rate changes.
The Department of Insurance and Financial Services said that insurers’ proposed changes for individual rates in 2017 range from about 39 percent to about 6.7 percent.
Proposals for small group plans range from a negative-5.6 percent to 15 percent.
Insurers say the proposed changes would affect nearly 750,000 people.
Comments must be submitted prior to July 31.
Open enrollment for 2017 begins Nov. 1 and continues through Jan. 31, 2017.
Last year, regulators said individual rates would increase an average of 6.5 percent and the small group plans would increase 1 percent for 2016.
Topics Michigan
Was this article valuable?
Here are more articles you may enjoy.
Insurance Issue Leaves Some Players Off World Baseball Classic Rosters 
Insurance Broker Stocks Sink as AI App Sparks Disruption Fears 
Trump Demands $1 Billion From Harvard as Prolonged Standoff Appears to Deepen 
Q4 Global Commercial Insurance Rates Drop 4%, in 6th Quarterly Decline: Marsh 
