MI SB1033

Medical retainer agreements are not considered insurance and are not subject to Michigan's insurance regulations.

Health care providers do not need a certificate of authority or insurance license to market, sell, or offer medical retainer agreements.

Medical retainer agreements must be in writing, signed by both parties, allow either party to terminate with written notice, and clearly state the agreement is not health insurance.

Agreements must specify the routine health care services included, the fee, and the time period, and must prohibit billing insurers or third parties for covered services.

Routine health care services under the agreement are limited to screening, diagnosis, treatment, in-office medical supplies and prescription drugs, and laboratory work performed by an associated or contracted laboratory.