Michigan § 500.3521 - Prepayment rates; filing and approval of methodology; schedule.
Full text of Michigan Michigan Compiled Laws § 500.3521 — Prepayment rates; filing and approval of methodology; schedule., with citation guidance and answers to common questions.
§ 500.3521. Prepayment rates; filing and approval of methodology; schedule.
The methodology used to determine prepayment rates by category rates charged by the health maintenance organization and any changes to either the methodology or the rates shall be filed with and approved by the commissioner before becoming effective.
A health maintenance organization shall submit supporting data used in the development of a prepayment rate or rating methodology and all other data sufficient to establish the financial soundness of the prepayment plan or rating methodology.
The commissioner may annually require a schedule of rates for all subscriber contracts and riders. All submissions shall note changes of rates previously filed or approved.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 500.3521
What does Michigan Compiled Laws § 500.3521 cover?
Section 500.3521 ("Prepayment rates; filing and approval of methodology; schedule.") 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 § 500.3521?
A common citation format is "Michigan Compiled Laws § 500.3521" (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 § 500.3521 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.