Blue Cross Blue Shield of Michigan will issue more than...

...$100 million in rebates to its fully insured members, spurred by the COVID-19 crisis. The rebates will vary by product line, with small group customers (fewer than 50 employees) seeing 30% credits on their July premiums, and Medicare Advantage members seeing a 15% premium refund for March and April (excluding those enrolled in $0 premium plans). BCBS Michigan is the fourth-largest Blues affiliate in the U.S., serving 4,617,947 members, with 49% enrolled in risk-based plans. More than 98% of its total members are Michigan residents, but the insurer also has a modest Medicare Advantage presence in several other states, most notably Florida and Indiana.

From AIS’s Directory of Health Plans