Beneath is a snapshot of the underside SHOP premiums accessible in Michigan. Employers with between 1 and 50 full-time equal employees can present insurance coverage protection by means of SHOP.

Premiums confirmed are full costs per employee month-to-month. You’ll be able to share the worth of those premiums collectively together with your employees, in order for you.

Studying: Healthcare gov michigan

Lowest premiums for SHOP medical medical health insurance plans in each “steel” class Enrollee AgeBronzeSilverGoldPlatinum Enrollee Age as a lot as 20$157.92$171.76$221.40$269.70 Enrollee Age 21$172.97$188.13$242.50$295.40 $308.92$336.00$433.10$527.59 Enrollee Age 60$469.44$510.59$658.14$801.73

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Learn extra: Illinois medical health insurance market: historical past and information of the states trade

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Subsequent steps

• See once you pay even a lot much less. In the event you’ve fewer than 25 employees making decrease than a imply of $50,000 per 12 months, you would qualify for a tax credit score rating worth as a lot as 50% of your contribution to employees’ premiums. Use our Premium Tax Credit score Estimator.
• Need some help? Discover a SHOP agent or vendor. Go to Discover Native Assist to find a SHOP-registered agent or vendor in your house. Utilizing an agent or vendor obtained’t worth you additional and would possibly make the strategy easier.

Learn extra: What’s a Well being Care Trade?

Questions? Contact the SHOP Name Heart 1-800-706-7893 (TTY 711) Mon-Fri 9 am – 5 pm ET.

Information is appropriate as of November 16, 2017 and matter to range. The complete premium dataset may very well be found on this technical database.

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