Michigan insurance regulators are asking an insurer to take a different approach to dropping a health insurance product line that the insurer has been selling there.
The Michigan Office of Financial and Insurance Regulation has sent a cease-and-desist notice to Guarantee Trust Life Insurance Company, Glenview, Ill.
Guarantee Trust has been selling both traditional and high-deductible health insurance to individuals in Michigan, and it has been trying to stop selling the traditional products and continue to sell the high-deductible coverage there, officials say.
