Why Now is the Time for Reform.

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.
 

Review your policy, add the premiums together for the Personal Injury Coverage and the Michigan Catastrophic Claims Assessment.   That is the cost you’re paying, per vehicle, for the Unlimited Lifetime Medical Coverage.   In order to be affordable, we have got to align our reimbursement with those others pay.

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.

Reforming Michigan's Auto Insurance

If you pick up a newspaper odds are, you will find something within the first few pages about auto insurance reform for the State of Michigan.

Head to one of these popular newspaper's websites and read the comments that people have posted online about these same articles. Heck, head to your favorite social media platform and I am sure you have family and/or friends who have posted about the discussion going on in Lansing.

Auto insurance reform is a heated debate and the most important thing for everyone in this state, is to be involved and informed.

Tomorrow we will touch base on the facts of reform. Only facts and no opinions. The facts from both sides of the argument. Following our fact based blog we will give you our view on auto insurance reform and why we feel that way.


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.