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Bill > SB0575
MI SB0575
MI SB0575Insurance: no-fault; cross reference in the insurance code; amend section to reflect elimination of referenced definition. Amends sec. 3107c of 1956 PA 218 (MCL 500.3107c).
summary
Introduced
10/11/2023
10/11/2023
In Committee
10/24/2023
10/24/2023
Crossed Over
10/24/2023
10/24/2023
Passed
Dead
12/31/2024
12/31/2024
Introduced Session
102nd Legislature
Bill Summary
A bill to amend 1956 PA 218, entitled"The insurance code of 1956,"by amending section 3107c (MCL 500.3107c), as added by 2019 PA 22.
AI Summary
This bill amends Section 3107c of the Michigan Insurance Code to modify the personal protection insurance (PIP) coverage options available for policies issued or renewed after July 1, 2020. It allows policyholders to select coverage limits of $50,000, $250,000, $500,000, or no limit per individual per loss occurrence. The $50,000 option is only available to Medicaid enrollees or those with other qualified health coverage. The bill also requires insurers to offer a rider for attendant care coverage above the selected PIP limit. The key provisions are the new PIP coverage options, the Medicaid/qualified health coverage requirement for the $50,000 limit, and the attendant care rider requirement.
Committee Categories
Budget and Finance, Business and Industry
Sponsors (3)
Last Action
Referred To Committee On Insurance And Financial Services (on 10/24/2023)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | http://legislature.mi.gov/doc.aspx?2023-SB-0575 |
| Fiscal Note/Analysis - Senate: ANALYSIS AS PASSED BY THE SENATE | https://legislature.mi.gov/documents/2023-2024/billanalysis/Senate/pdf/2023-SFA-0530-U.pdf |
| Fiscal Note/Analysis - SUMMARY OF BILL REPORTED FROM COMMITTEE | https://legislature.mi.gov/documents/2023-2024/billanalysis/Senate/pdf/2023-SFA-0530-F.pdf |
| BillText | http://www.legislature.mi.gov/documents/2023-2024/billengrossed/Senate/htm/2023-SEBS-0575.htm |
| Fiscal Note/Analysis - SUMMARY OF INTRODUCED BILL IN COMMITTEE | https://legislature.mi.gov/documents/2023-2024/billanalysis/Senate/pdf/2023-SFA-0575-G.pdf |
| BillText | http://www.legislature.mi.gov/documents/2023-2024/billintroduced/Senate/htm/2023-SIB-0575.htm |
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