Insurance: no-fault; assigned claims plan; require unlimited-level benefit reimbursement for bicyclists. Amends sec. 3172 of 1956 PA 218 (MCL 500.3172).
Impact
The proposed amendments are expected to streamline the process for claimants, particularly bicyclists, by allowing them to seek unlimited benefits under certain conditions when involved in accidents. This could potentially increase the financial coverage available for special cases while ensuring that individuals still receive necessary support when standard claims processes fail due to disputes or unavailability of insurance. Consequently, this change may lead to increased accountability among insurers, as they will now have clearer obligations to provide coverage.
Summary
House Bill 4914, which amends the insurance code of 1956, focuses on the personal protection insurance benefits for individuals involved in motor vehicle accidents. It specifically aims to enhance provisions for claims that individuals can make through the assigned claims plan when standard personal protection insurance is inadequate, unavailable, or its application is disputed. The bill highlights scenarios under which individuals can claim these benefits, particularly emphasizing cases where there are disputes between insurers or situations involving financial insolvencies.
Contention
One of the key points of contention surrounding HB 4914 may arise from the modification of existing insurance structures, with some parties expressing concern over how the changes would impact insurance premiums and the overall insurance market. Insurers may argue that increasing the obligation to cover more expansive claims could lead to higher costs and affect availability of certain plans. Furthermore, legislators will need to balance the need for sufficient protections for injured parties against potential challenges posed by insurance providers in implementing these modifications.
Insurance: no-fault; penalties for lapse of insurance policy; eliminate. Amends secs. 2116b, 2118 & 2120 of 1956 PA 218 (MCL 500.2116b et seq.) & repeals sec. 2116a of 1956 PA 218 (MCL 500.2116a).
Insurance: no-fault; penalties for lapse of insurance policy; provide waiver for certain individuals. Amends secs. 2118 & 2120 of 1956 PA 218 (MCL 500.2118 & 500.2120) & adds sec. 2116c.
Insurance: no-fault; cross-reference to amended section of the insurance code; revise. Amends sec. 2111f of 1956 PA 218 (MCL 500.2111f). TIE BAR WITH: SB 0530'23
Probate: other; references to a "married minor" in the estates and protected individuals code; eliminate. Amends secs. 2519, 5103, 5204, 5206 & 5215 of 1998 PA 386 (MCL 700.2519 et seq.). TIE BAR WITH: SB 0209'23
Probate: other; references to a “married minor” in the estates and protected individuals code; eliminate. Amends secs. 2519, 5103, 5204, 5206 & 5215 of 1998 PA 386 (MCL 700.2519 et seq.). TIE BAR WITH: HB 4293'23
Taxation: mobile homes; specific tax on certain owners and occupants of certain mobile homes; modify. Amends sec. 41 of 1959 PA 243 (MCL 125.1041). TIE BAR WITH: SB 0491'23
Taxation: mobile homes; specific tax on certain owners and occupants of certain mobile homes; modify. Amends sec. 41 of 1959 PA 243 (MCL 125.1041). TIE BAR WITH: HB 5163'23
Insurance: health insurers; coverage for blood pressure monitors for pregnant or postpartum individuals; provide for. Amends 1956 PA 218 (MCL 500.100 - 500.8302) by adding sec. 3406kk.
Insurance: health insurers; coverage for mental health screenings for new mothers; require. Amends 1956 PA 218 (MCL 500.100 - 500.8302) by adding sec. 3406oo.