Michigan Laws 550.1410 – Certificate providing coverage of dependent terminating at specified age; exceptions
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Terms Used In Michigan Laws 550.1410
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Dependent: A person dependent for support upon another.
Any certificate issued by a health care corporation that provides that coverage of a dependent of the subscriber terminates at a specified age shall not terminate with respect to an unmarried child who is incapable of self-sustaining employment by reason of developmental disability or physical disability, if the following conditions are met:
(a) The child became incapable before 19 years of age and is chiefly dependent upon the subscriber for support and maintenance.
(b) Before the child turns 19 years of age, or within 31 days after that, the subscriber has submitted proof of the dependent’s incapacity to the corporation.