Enacted in 1973, Michigan’s No Fault Law was, and is today, one of the best in the United States in terms of coverage and claims settlement. Its Unlimited Lifetime Medical Coverage was the absolute best in the land, a benchmark for other states to follow! But it has become unaffordable to many, and now is the time fore reform.
You might see in the press others who are against this reform, and their reasoning is simple……it’s become a cash cow to the medical profession. If you’ve been treated in an emergency room, what is the first question they ask? “Are your injuries a result of an auto accident????”
Studies have shown that you could go into a hospital for falling off your ladder and have your health insurance billed $400 for a CAT Scan. If the CAT Scan is a result of an auto accident, the charge for the exact same procedure is $1,800! The reason being is simple….there is no mandated set reimbursement schedule for auto related medical treatment!. It’s an open checkbook, and one we all pay in the form of some of the highest rates in the country.
Even if our benefits are reduced to the proposed levels, we’re still offering 50 times the coverage level of any other state! If our laws were to be benchmark for insurance coverage in the USA, why hasn’t any other state adopted the Unlimited Lifetime Medical Coverage?
For more information, please visit WWW.NoFaultReform.Com. Also, please let your legislators know that you’re in favor of the Reform, and ask for their support!
Spalding Insurance Agency is an independent agency with two locations in mid-Michigan to service you. We want to make your life easier. For a quote on your personal or business insurance click here.
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