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Michigan’s health insurance marketplace, which is part of the federal website, will provide residents with more insurance plan diversity during the next open enrollment period, as its list of insurers participating in the exchange is expected to grow.

According to The Detroit News, the Michigan Department of Insurance and Financial Services has already received plans from 18 health insurance companies to be part of the exchange starting Nov. 15. The Hill reported Michigan only had 13 insurers participating in its marketplace last year, which is relatively high compared to other states like New Hampshire and Illinois. The Detroit News reported some state officials are optimistic about this year’s exchange because of the increased interest from insurers, even though experienced numerous technical issues during last year’s open enrollment period.

“I am pleased that Michigan consumers looking for insurance through the Marketplace will have the opportunity to select from even more plans than last year,” said Ann Flood, director of the state’s department of Insurance and financial services. “Increased competition helps keep premiums lower and provides more choice for Michiganders.”

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Erin Woulfe
Erin Woulfe
Erin Woulfe likes to write about things that matter. Keeping her finger on the pulse of what’s happening in the public sector world, she blogs about the latest legislative news and employee benefit trends that affect our school, city and county clients. She’s been with NIS since 2002. “I love connecting to our clients and providing them with the tools they need in order to administrate their plan,” says Erin. “Whether that be materials to educate their employees on certain benefits, how to effectively communicate change within an organization or just providing tips and how-to’s to help them make their job easier.”

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