With open enrollment looming, Michigan consumers shopping for individual health insurance may have to dig deeper into their pockets next year, as insurers are seeking an average rate increase of more than 14% for 2027.
The Michigan Department of Insurance and Financial Services will have the final say on the rates after reviewing the proposals.
Dr. Rhonda Randall, chief medical officer for UnitedHealthcare Employer and Individual, stressed consumers should take time to understand their options rather than automatically sticking with their current coverage…