Health Insurance Tax Estimator
Who is this for?
If you're wondering how the Michigan Health Insurance Claims Tax will impact your health insurance premium, this tool will help you calculate your tax amount so that you know how much you can expect to pay.
Estimate state taxes on your health insurance claims
The state of Michigan has changed the way it raises money to support Medicaid. On Jan. 1, 2012, the state replaced the 6 percent tax on Medicaid services with a 1 percent tax on certain health insurance claims. All health insurance carriers operating in Michigan have to pay the new tax.
We created the Michigan Health Insurance Claims Tax Estimator to help you understand how this tax impacts your premium.
What does it do?
This tool calculates your tax amount and adds it to your premium to display your total monthly, quarterly and annual costs.
How do I use it?
All you have to do is enter:
- Your insurance carrier (Blue Cross Blue Shield of Michigan or Blue Care Network)
- The type of plan you have
- Your monthly premium