MI HB4464

Exempts retiree-only health insurance coverage from requirements for dependent coverage until age 26, prohibition on lifetime/annual benefit limits, mental health parity requirements, and essential health benefit mandates

Exempts "non-grandfathered health plan coverage" (transitional plans with extended compliance timelines for ACA market reforms) from essential health benefit requirements and preexisting condition exclusion prohibitions

Adds short-term or one-time limited duration policies (6 months or less) to the list of coverage types exempt from preexisting condition exclusion prohibitions

Expands the definition of exempt fixed indemnity coverage to include "other fixed indemnity" as defined in federal regulations (45 CFR 148.220(b)(4))

Makes technical corrections changing "treatment limits" to "treatment limitations" in mental health parity provisions for prescription drug benefits and network tiering