Michigan No-Fault Insurance Changes Affect Seniors
Proposed changes will limit access to medical care providers and limit the amount of money available for auto accident victims. The lowest coverage is $500,000. In the case of a catastrophic injury, that amount will be spent within the first six weeks.
The elderly are particularly vulnerable. Seniors do not want to be a burden to their families, and it’s pretty clear that Medicare just won’t have funds to cover these expenses.
The insurance companies say the changes will allow for lower insurance premiums, but they make no commitments. Proponents of the proposed changes have a legitimate claim that medical and care expenses need more controls. Terry is supportive of increased oversight of medical services. Better reviews by the medical community of services and goods is appropriate and needed.”
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