The Hidden Benefits of Michigan No-Fault Auto Insurance
Your child fell on the playground. And worse… it’s a serious injury. They lost their balance at the top of the slide and their head impacted a rock. They’ve been rushed to the hospital.
This is a phone call that every parent dreads.
What parents may not realize is how their No-Fault auto insurance has an impact on the recovery of their child and could even prevent long-term disability. In Michigan we have some of the best Brain Injury providers IN THE WORLD, largely due to the PIP (personal injury protection) portion of our auto insurance policy.
Let’s take a moment to delve into a topic that is largely misunderstood: Michigan No-Fault Insurance. Here are some common phrases you hear about our insurance and the actual truth behind what’s going on:
My insurance cost too much!
Michigan drivers pay more than many neighboring states, but what few understand is the true source of these costs. When the PIP portion of your policy (the part that pays for medical services) is compared across the country we find that we are actually very, very close to the average. In fact, it’s just a few dollars more.
So why is our insurance so high?
The collision portion of our policies is drastically higher than other states. If there is an area that should be addressed it is this one. We pay for high theft rates and uninsured motorists.
Why should I pay into this PIP MCCA fund… I mean, there’s such a low chance a serious injury will happen to me or my family. I feel bad for those that it happens to, but I have other things to pay for.
Yes, hopefully your family will never have to deal with something as devastating as a serious auto injury. And if you feel that fate should be responsible for who bears this cost you should know… We will end up paying for these injuries collectively as a society both financially and morally NO MATTER WHAT.
If the No-Fault system were to be eliminated, the associated costs would fall into Medicaid; this is how it works in other states. We as taxpayers pay either way. The difference is that the No-Fault system has faster reimbursement; quicker response times for injuries and attracts better health care providers. It also has built in systems to help contain costs.
We won’t delve into Medicaid here, but it’s nearly impossible to argue that No-Fault doesn’t address complex auto injuries in a much more comprehensive, holistic and intensive way. It is specifically designed to deliver care for auto-accidents and their devastating consequences.
Remember your child that fell?
Because you’re in Michigan, you have access to some of the best Brain Injury Specialists in the nation and even the world! Michigan boasts the largest Brain Injury Association conference in THE NATION. This is due to the network that No-Fault has created. Now you’re starting to understand why people are up in arms about changing our system.We need to take a very careful and deep look at our system instead of making rash and costly modifications. If you’re not familiar with brain injury here’s a video showing how aggressive treatment is paramount to achieving recovery.
Michigan is a leader in few areas these days, but we’re building on our strengths. This system is one of them and is responsible for thousands of Michigan jobs
No-Fault isn’t just about paying your deductible. The system is a big piece of Michigan. Let’s be careful with it and focused on preserving its benefits.