LANSING, Mich. (AP) — The Republican-led Michigan Senate took an initial, hesitant step on Thursday toward setting up a state health insurance exchange that would be created under federal health care reform requirements.

The Senate passed a bill by a 25-12 vote that would help set up the Internet-based marketplace to assist small businesses and individuals with buying health insurance. The measure advances to the Republican-led House.

Democrats supported the measure but Republicans were split.

Continue Reading for Free

Register and gain access to:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.