Michigan § 500.3474a - Premium rate after January 1, 2014; basis; factors.
Full text of Michigan Michigan Compiled Laws § 500.3474a — Premium rate after January 1, 2014; basis; factors., with citation guidance and answers to common questions.
§ 500.3474a. Premium rate after January 1, 2014; basis; factors.
The premium rate charged by an insurer, health maintenance organization, or nonprofit health care corporation for health insurance coverage offered through a policy or certificate delivered, issued for delivery, or renewed in this state on or after January 1, 2014 in the individual or small group market shall vary based on the following factors only:
(a) Whether the policy or certificate covers an individual or family.
(b) The rating area.
(c) Age, except that the premium rate shall not vary by more than 3 to 1 for adults for all plans other than child-only plans.
(d) Tobacco use, except that the premium rate shall not vary by more than 1.5 to 1.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 500.3474a
What does Michigan Compiled Laws § 500.3474a cover?
Section 500.3474a ("Premium rate after January 1, 2014; basis; factors.") is part of the Michigan Compiled Laws, the codified statutory law of Michigan. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Michigan § 500.3474a?
A common citation format is "Michigan Compiled Laws § 500.3474a" (Michigan). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Michigan law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Michigan official source linked on this page or consult a licensed Michigan attorney.
How does Michigan § 500.3474a apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Michigan can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Michigan.