Blue Cross Blue Shield of Michigan salutes Senate Insurance Committee for prompt passage of Gov. Snyder’s health insurance reform legislation
Jan. 29, 2013
DETROIT — Blue Cross Blue Shield of Michigan issued the following statement today following Senate Insurance Committee passage of legislation proposed by Gov. Rick Snyder, authored by Sen. Joe Hune and Sen. Virgil Smith, to modernize Michigan’s health insurance regulatory system and enable BCBSM to transition to a nonprofit mutual insurance company.
“Blue Cross is pleased with the priority the senate committee has given this important legislation,” said Andrew Hetzel, BCBSM vice president for corporate communications. “The Legislature put a lot of work into these bills last year, and has amended them to represent a diverse array of voices. We appreciate the Senate’s prompt attention in advancing the Governor’s vision of a fair system where all insurers play by the same rules and where market forces ensure greater competition and choice of affordable health insurance plans.”
“Blue Cross remains supportive of this legislation as it creates a system where all insurers play by the same rules, while preserving the Blues’ nonprofit status and continuing our charitable contributions for the coming decades. It’s important to our entire industry to have these regulatory reforms completed as soon as possible this year. This is good legislation that represents broad-based consensus and sets Michigan up for success in the future as our state’s health insurance market continues to change.”
Blue Cross Blue Shield of Michigan and Blue Care Network are nonprofit corporations and independent licensees of the Blue Cross and Blue Shield Association. For more news and information go to news.bcbsm.com and mibluesperspectives.com.