Introduced
by
To allow auto insurance companies to offer policies with personal injury protection (PIP) coverage below the currently mandated unlimited coverage. A customer could keep the unlimited PIP or choose policies with $250,000 or $500,000 limits. Also, to cap the amounts charged by hospitals and health care professionals that treat or provide rehab for injuries sustained in vehicle crashes at a percentage of the amount allowed for workers compensation cases under a different law. Insurers would have to adjust rates downward by a specified amount to reflect their lower costs under the proposal, or else explain in detail if the rate cuts don’t equal the amounts specified.
Referred to the Committee on Insurance
