Michigan Laws 550.1005 – Compensation of health benefit agents
Current as of: 2023 | Check for updates
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Terms Used In Michigan Laws 550.1005
- Health benefit: means any benefit or service lawfully provided by a health benefit corporation. See Michigan Laws 550.1002
Health benefit corporations shall compensate health benefit agents primarily on a reasonable commission basis. Health benefit corporations may provide reasonable bonuses or other reasonable compensation to health benefits agents for the sale of health benefits.