Blue Cross Blue Shield of Michigan and Blue Care Network approved to offer 44 individual health plans in Michigan for third-annual open enrollment period
"
With 16 insurance companies filing to do business on the Marketplace for the 2016 product year,
- Products built on local networks of hospitals and doctors in Metro Detroit and
Grand Rapids provide additional health plan options to cost-conscious customers that prefer to receive care close to home. Blue Cross offers the lowest priced "Catastrophic" PPO health plan in 72 ofMichigan's 83 counties on the 2016 Marketplace, representing 87 percent of the state.- New, simpler plan designs will make it easier for consumers to understand their costs:
- In the new Bronze Saver plan, the only number members need to know is their deductible. This plan is designed so the deductible equals the out-of-pocket-maximum, and approved services are covered 100 percent after it's met.
- The new Platinum plan demystifies the complexity of most cost-sharing designs by offering a 10 percent coinsurance on all approved medical benefits packaged with all ages dental and vision.
Blue Cross is the only health plan to offer a Platinum PPO option on the 2016 Marketplace. The Premier Platinum with Dental and Vision plan offers members a simple plan design with the richest metal level of coverage onMichigan's broadest network.
"
The new products become available to
Blue Cross Blue Shield of
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/blue-cross-blue-shield-of-michigan-and-blue-care-network-approved-to-offer-44-individual-health-plans-in-michigan-for-third-annual-open-enrollment-period-300158682.html
SOURCE Blue Cross Blue Shield of
Advisor News
Annuity News
Health/Employee Benefits News
Life Insurance News