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Blue Cross Blue Shield of Michigan reducing November premiums for individual subscribers

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Posted at 7:54 PM, Aug 17, 2020
and last updated 2020-08-17 19:54:14-04

Blue Cross Blue Shield of Michigan will return more than $21 million to current, under-65 individual plan subscribers in response to the coronavirus pandemic.

The company made the announcement Monday.

Blue Cross Blue Shield of Michigan and Blue Care Network will waive 30 percent of one month of health and dental plan premiums for more than 180,000 active, commercially insured individual health plan subscribers.

“Many people in Michigan are struggling with the economic impacts of the pandemic, so Blue Cross is happy to be able to provide a credit that will reduce November premiums by 30 percent for individual plan members,” the company said. “It is critical for people to maintain their health insurance coverage, especially during a pandemic, and Blue Cross is doing what we can to help.”

The plan is pending approval filed with state regulators this week.