How To Get Health Insurance In Michigan

Everyone across the country is required to purchase health insurance, but how does your home state differ from others? Of the nearly ten million Michigan residents, the vast majority have complied with the law. In fact, the uninsured rate in Michigan is only 8.5 percent, which is lower than the national average of 11.7 percent.

Most Michiganders continue to enjoy healthcare benefits provided by their employers who typically pay the bulk of the cost-- the average annual individual contribution is only $732. But if you need a pre-Medicare individual health policy, you'll find the market in Michigan features 14 carriers and over 200 policies through the state's federally facilitated exchange. When given the chance we recommend that you work with an independent insurance agent who is trained to search for policies that meet your needs.

Another aspect of healthcare unique to Michigan is that the state chose to expand Medicaid coverage to all residents who earn an income up to 138 percent of the federal poverty level. Those earning between 100 and 138 percent of the federal poverty level are expected to contribute two percent of household income toward the cost while those below 100 percent do not need to make such contribution.

Additionally, all Medicaid beneficiaries in Michigan contribute to an "MI health account" to help fund co-payments. The total cost sharing is capped at five percent of family income. Your co-payments may even be reduced as a reward for healthy behavior.

Protect the health of your family. Call TCU Insurance Agency at (800) 772-8043 for more information about the health insurance policies we offer.

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