May 8, 2003, Introduced by Senator SWITALSKI and referred to the Committee on Banking and Financial Institutions.
A bill to amend 1956 PA 218, entitled
"The insurance code of 1956,"
by amending section 2110a (MCL 500.2110a), as added by 1996
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
1 Sec. 2110a. (1)
If Except as otherwise provided in
2 subsection (2), if uniformly applied to all its insureds, an
3 insurer may establish and maintain a premium discount plan
4 utilizing factors in addition to those permitted by section 2111
5 for insurance if the plan is consistent with the purposes of this
6 act and reflects reasonably anticipated reductions in losses or
7 expenses. This section does not affect benefits or obligations
8 required under chapter 31. Nothing in this section authorizes an
9 insurer to offer or prohibits an insurer from offering premium
10 discount plans concerning any of the following:
1 (a) Health care services, health care providers, or health
2 care facilities.
3 (b) Automobile repair providers.
4 (c) Materials used in the repair of an automobile.
5 (2) A premium discount plan shall not be based in whole or in
6 part upon an applicant's or insured's lack of credit history.