We need a public elected Commissioner of insurance we also need license claims adjusters and we should go to a brokerage system in Michigan where the agent only represents the consumer and no longer the insurance company..đź’ The Michigan catastrophic claims fund! (MCCA) needs to be properly priced & collected! ( The $186.00 Per vehicle fee.) According to a new study released by Citizens Research Council of Michigan shows that lower auto insurance rates in Michigan are just a fee schedule away. Setting fair and reasonable medical prices – like those paid by workers compensation and private insurers like Blue Cross Blue Shield – will lower auto insurance rates for every Michigan driver. We need your voice to help preserve our no-fault system at a price we can all afford. Please take a few minutes to read the article below and take action by contacting your state legislator today – tell them its time to reform our no-fault insurance laws and make auto insurance afforadable for every Michigan driver. Study: Michigan no-fault insurance raises auto costs Gary Heinlein Detroit News Lansing Bureau Lansing – A new Citizens Research Council of Michigan report says the state’s no-fault auto coverage leads to medical costs and insurance premiums that are higher than in other states. While taking no position on proposed changes, the report gives additional ammunition to Gov. Rick Snyder and Republican lawmakers wanting to revamp Michigan’s 40-year-old vehicle insurance law. “Michigan auto insurance provides very generous and comprehensive health benefits,” Research Council research associate Nicole Bradshaw said regarding the report. “However, these benefits are costly.” Bradshaw said there may be ways to reduce costs “while still preserving most or all of the current benefits.” This state is one of a dozen that allow or require motorists to buy no-fault insurance, under which each drivers’ insurer pays for his or her injuries and auto damage no matter which of them caused the crash. Michigan is unique in mandating unlimited medical care coverage for accident victims. Its Catastrophic Claims Association adds a $186 annual assessment to each vehicle insurance policy and reimburses auto insurers for crash injury treatment claims exceeding $530,000. But The Citizens Research Council says a main reason Michigan auto insurers pay higher medical costs is a dictate that they pay customary rates charged by hospitals and doctors. Health insurers such as Blue Cross Blue Shield of Michigan and Medicare, in contrast, pay considerably less than the amounts hospitals and doctors bill, according to the report. Crash injury treatment claims in Michigan cost auto insurers 57 percent more than claims for similar injuries in other states, according to the report. Those claims, which make up 30 percent of insurers’ costs to provide vehicle coverage, result in premiums that, on average, are 17 percent higher than in other states, CRC says. Legislation containing proposed reforms has stalled in the Michigan House of Representatives, but House Speaker Jase Bolger, R-Marshal, wants to get it moving again. It would limit coverage for such things as attendant care for the injured and allow for a rate table to set costs for common injury treatments. “Speaker Bolger wants to address no-fault reforms because he wants to save no-fault while protecting Michigan’s drivers from exorbitant prices,” said spokesman Ari Adler. “How we do that is still up for discussion, but we need to take action and solve this problem.” Adler added that the CRC report “does provide a number of interesting options on how to lower those costs and we’ll be looking at them closely.” Among the options, each with its pluses and minuses: Make health insurance, rather and auto insurance, provide the primary coverage for crash injuries. Have fee schedules for auto insurers, similar to those for workers’ compensation claims. Give auto insurers the same option as health insurers to negotiate discounted hospital and doctor rates. Let drivers choose among several levels of injury protection rather than requiring unlimited coverage. These and other options have been debated among lawmakers in recent years. The medical community has resisted efforts to set fee schedules. “We are waiting for a compromise to come out of the legislative leadership,” said Tom Shields, spokesman for the industry-related Michigan Insurance Coalition. He said the coalition hopes there still will be action this fall. Originally posted by The Detroit News For all of this information and more, please visit nofaultreform. Click the link below to log in and send your message..đź’
Posted on: Tue, 15 Oct 2013 20:15:32 +0000
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