PIP REIMBURSEMENT; MODIFY S.B. 575:
SUMMARY OF INTRODUCED BILL
IN COMMITTEE
Senate Bill 575 (as introduced 10-11-23)
Committee: Finance, Insurance, and Consumer Protection
CONTENT
The bill would amend the Insurance Code to modify Michigan Compiled Law references to reflect changes proposed in Senate Bill 530.
(Generally, Senate Bill 530 would modify the reimbursement that a physician, hospital, clinic, or other person (provider) would receive for the treatment of an individual who was covered by personal protection insurance for an accidental bodily injury involving a motor vehicle. A provider would have to be reimbursed at an amount of 250% of the amount payable for the treatment or training under Medicare and at amounts specified by the bill if Medicare did not provide an amount payable.)
MCL 500.3107c Legislative Analyst: Eleni Lionas
FISCAL IMPACT
The bill would have no fiscal impact on the State or local governments.
Fiscal Analyst: John P. Maxwell
This analysis was prepared by nonpartisan Senate staff for use by the Senate in its deliberations and does not constitute an official statement of legislative intent.