MCCA rebate

A year ago, Michigan politicians were tripping over each other to issue refunds from the Michigan Catastrophic Claims Association fund, which was running a five billion dollar surplus. This led to a whopping $400 rebate for every insured vehicle in the state. Then the stock market cratered and that five billion surplus became a four billion dollar shortfall and the finger-pointing started. Now there will be a $122 MCCA fee per vehicle for those choosing unlimited medical benefits, a $48 increase. Which comes as no surprise to anyone outside Lansing.
MCCA assessment is back up

Moved from Michigan to Tennessee when I retired in December. Plpd on my '95 F250 went from over 300 for 6 months down to 175 a year. The new truck and my wife's new Bronco dropped by over half. License plate fees are $29 plus a $35 road use tax. My 2020 Ram was 176 there, Bronco was 184 for plates. Insurance on the 1200 Sporster is 75 per year, it was 312. Don't miss Michigan's high insurance and plate fees!

Who cares, at least now people have a choice.

Who cares?
I find it interesting to learn new things.
I'm happy I don't suffer their pain..
Nice to see California isn't the only state ran by half baked unsalted nuts. What do you get when you mix a bunch of nuts together and bake it? A Fruit Cake!! lol

There are a lot of Fruit Cakes running things.

AND NO STATE INCOME TAX , part of the reason folks are flocking to this state . Go ahead and tell them how cheap the three bedroom brick house was also NO NO don,t do that we have enough transplants LOL there are all not as good as you ///////

The entire thing was concocted by lobbying back in the 70's. It was baked into insurance premiums with no way to drop it. Until the law changed, you couldn't even get a court to show how much was in the fund or what was spent every year. Zero transparency. If this law was so good, why was Michigan the only state to have it?

I know nothing about the law.
Never heard of it before Mark posted it.
Interesting to learn states besides California are run by half baked fruit cakes..
Someday our country will be run by fully baked fruitcakes.
We need to make Fruit Cakes Taste Great Again! LOL.
Someone needs to invent an acronym for Half baked Fruit cakes running things..

What would you expect from the land of fruits and nuts? (;>))

Friends and family is what keeps me in Indiana or I might become your neighbor too.
I built my house in the early 90s the way I want it.
It's paid for along with everything I own.
I would be moving tomorrow before I would put up with half baked fruitcakes.

> Who cares, at least now people have a choice.

Some choice: high rates or higher rates. The no-fault reform has proven to be a big bust, without real relief from high insurance rates. Just as critics of the reform bill predicted.

> I know nothing about the law.
> Never heard of it before Mark posted it.
> Interesting to learn states besides California are run by half baked fruit cakes..
> Someday our country will be run by fully baked fruitcakes.
> We need to make Fruit Cakes Taste Great Again! LOL.
> Someone needs to invent an acronym for Half baked Fruit cakes running things..

Michigan is the only state to have true no-fault insurance. And it's the only one to provide unlimited medical benefits to those seriously injured in car crashes. And for decades the insurance companies have blamed no-fault insurance and unlimited medical benefits for high insurance rates, but have never really provided any evidence of it. The real reason insurance is so high in Michigan is that one city, Detroit, has extraordinarily high claims.

At any rate, a few years ago a reform bill was supposed to lower insurance rates, primarily by making the unlimited benefits optional. But in fact, the difference between rates with or without unlimited benefits is negligible. There's been no real rate reduction. Which pretty much proves false the assertion that unlimited medical benefits are responsible for high premiums.

So who pays for all of that no fault coverage and such?

(quoted from post at 11:59:32 10/15/22) > I know nothing about the law.
> Never heard of it before Mark posted it.
> Interesting to learn states besides California are run by half baked fruit cakes..
> Someday our country will be run by fully baked fruitcakes.
> We need to make Fruit Cakes Taste Great Again! LOL.
> Someone needs to invent an acronym for Half baked Fruit cakes running things..

Michigan is the only state to have true no-fault insurance. And it's the only one to provide unlimited medical benefits to those seriously injured in car crashes. And for decades the insurance companies have blamed no-fault insurance and unlimited medical benefits for high insurance rates, but have never really provided any evidence of it. The real reason insurance is so high in Michigan is that one city, Detroit, has extraordinarily high claims.

At any rate, a few years ago a reform bill was supposed to lower insurance rates, primarily by making the unlimited benefits optional. But in fact, the difference between rates with or without unlimited benefits is negligible. There's been no real rate reduction. Which pretty much proves false the assertion that unlimited medical benefits are responsible for high premiums.

Click to expand...

Michigan is a $hithole. For many reasons besides this one, but this scheme is definitely contributing to $hithole status.

> So who pays for all of that no fault coverage and such?

The policyholders, of course. They paid for it before the reform, and they still pay for it. They paid for the surplus funds in the MCCA that were refunded to them, and they're paying them back again now there's a shortfall.

> Michigan is a $hithole. For many reasons besides this one, but this scheme is definitely contributing to $hithole status.

I'm guessing you haven't traveled much more than 100 miles from your place of birth. Otherwise you wouldn't be making such a statement.

If I remember right you had some half baked fruit cakes as you call it in IN back some years ago and turned the turnpike over to a bunch of foreigners. Along with a few other things not so great. Not saying your wrong about the 3 witches running the state right now. then we have a bunch of half baked fruit cakes running the country with a imbecile in the Whitehouse.

WELL put Cat Guy. RB

Ignorance is bliss. Obviously till true.

So what you're saying is people shouldn't have a choice. The problem with the law change is it wasn't a clean break. Governor lath and plaster wanted insurance premiums to be rated equally regardless of where you live. Therefore, run down dumps like Detroit where half of the drivers that have no insurance would be rated the same as some nowhere U.P. town with 500 residents that were all insured

> So what you're saying is people shouldn't have a choice. The problem with the law change is it wasn't a clean break. Governor lath and plaster wanted insurance premiums to be rated equally regardless of where you live. Therefore, run down dumps like Detroit where half of the drivers that have no insurance would be rated the same as some nowhere U.P. town with 500 residents that were all insured

No that's not what I said, and I'm baffled as to why would think so. I assume you're just trolling.

What I said is that the choice offered to policyholders is a Hobson's choice. Either pay the full premium and get unlimited medical benefits, or decline the unlimited benefits and save a paltry amount on your premium. With the saving you get by declining unlimited benefits, you can take your family out to McDonalds, but probably not to Outback.

In fact, Frau Gretchen had little, if any input on the insurance reform bill. It was the result of a deal cut between Detroit mayor Mike Duggan and the Michigan Legislature; by the time our charming governor got onboard, it was a done deal.

The reality is that insurance is so expensive in Detroit that many Detroiters simply drive uninsured. If you raise those rates further, there'll be even more uninsured drivers on the street. And who ends up paying when uninsured motorists get into accidents? Depending on the particulars, it's either the other party's insurance or the state. In other words, rate payers and tax payers. You and me. Wouldn't we all be better off if EVERYONE was insured?

Gretchen had plenty of input, she has the veto pen and uses it plenty. The problem with Detroit is the people of Detroit. Why is insurance so much more there? It comes down to behavior. Putting two thirds of the state in the same category as everyone else isn't right. Up until not to long ago, you could legally drive in Wisconsin with zero insurance. Once again, if the unlimited insurance benefit is such a marvelous idea, why has nobody else doing it

> Gretchen had plenty of input, she has the veto pen and uses it plenty.

Vetoing a bill pushed by the mayor of Detroit would have alienated a bunch of her constituents.

> The problem with Detroit is the people of Detroit. Why is insurance so much more there? It comes down to behavior. Putting two thirds of the state in the same category as everyone else isn't right. Up until not to long ago, you could legally drive in Wisconsin with zero insurance.

It sounds like you think it's preferable that drivers go without insurance, rather than it be affordable. In North Carolina, if you let your insurance lapse you have to turn in your license plates. Which I think is only reasonable. The whole idea of insurance is to spread the risk across as many people as possible. That only works if everybody buys insurance. And that doesn't happen if insurance is optional and/or unaffordable.

> Once again, if the unlimited insurance benefit is such a marvelous idea, why has nobody else doing it

I don't recall calling it marvelous. It is what it is. Presumably other states haven't adopted it because the insurance industry (which hates it) has successfully lobbied against it. Or maybe legislatures in other states would prefer to have accident survivors go on Medicaid rather than entrust their care to the private sector.

Based on your comments, I assume you opted out of unlimited medical coverage. I hope you and your family members never need it; better keep using that seat belt and, if you're a motorcyclist, wear your helmet.