Big rate hikes coming in 2022 for some Michigan health insurance plans
State regulators have approved significant health insurance rate increases for 2022 that are said to reflect recent pent-up demand for medical procedures and services that people put off because of earlier COVID-19 surges. The increases OK’d by the Michigan Department of Insurance and Financial Services take effect Jan. 1 and will average 7.1% for small group plans — businesses and organization with 50 or fewer employees…
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