This bill amends the Michigan Insurance Code of 1956, specifically section 3107c, to establish new coverage options for personal protection insurance benefits. It requires that, for insurance policies issued or renewed after July 1, 2020, applicants or named insured individuals must select from specified coverage levels: $50,000, $250,000, $500,000, or no limit. The $50,000 option is only available to those enrolled in Medicaid and whose household members have qualifying health coverage. The bill also mandates that the selection process be documented on an approved form that outlines the benefits and risks associated with each option.

Additionally, the bill clarifies that if an applicant does not make an effective selection but has paid a premium, there is a presumption that the premium reflects the coverage level. It also specifies that the selected coverage applies to the named insured, their spouse, and relatives living in the same household. Furthermore, it introduces definitions related to transportation network companies and personal vehicles, ensuring that these entities can only select higher coverage limits. Insurers are also required to offer a rider for attendant care coverage exceeding the selected limit. The enactment of this bill is contingent upon the passage of related legislation.

Statutes affected:
House Introduced Bill: 500.3107
As Passed by the House: 500.3107