The buy-in would not affect the costs for current Medicare beneficiaries. And given that the proposed program is designed to be self-financing, the strength of the Medicare Trust Fund will be maintained. The Congressional Budget Office has confirmed that the proposal will not burden the Medicare Trust Fund. Congresswoman Kilpatrick said the legislation is important for Michigan residents. 70,060 have no insurance at all.
Individual insurers can often be inaccessible or unaffordable.
Michigan does not require individual insurers to offer coverage and does not restrict premiums that insurers can charge.