January 22, 2008, Introduced by Senators CLARKE, JACOBS, CLARK-COLEMAN, ANDERSON, BRATER, THOMAS, GLEASON, SCHAUER, HUNTER and SCOTT and referred to the Committee on Economic Development and Regulatory Reform.
A bill to amend 1956 PA 218, entitled
"The insurance code of 1956,"
by amending section 2110a (MCL 500.2110a), as added by 1996 PA 514.
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
as otherwise provided in subsection
(2), if uniformly applied to all its insureds and subject to prior
approval by the commissioner, an insurer may establish and maintain
a premium discount plan utilizing factors in addition to those
by section 2111.
for insurance if The commissioner shall
not approve a premium discount plan unless the plan is consistent
the purposes of this act,
and reflects reasonably anticipated
reductions in losses or expenses, and does not discriminate based
on socioeconomic characteristics. This section does not affect
benefits or obligations required under chapter 31. Nothing in this
section authorizes an insurer to offer or prohibits an insurer from
offering premium discount plans concerning any of the following:
(a) Health care services, health care providers, or health
(b) Automobile repair providers.
(c) Materials used in the repair of an automobile.
(2) An insurer shall not establish or maintain a premium
discount plan based in whole or in part upon an applicant's or
insured's credit history or lack of credit history.
Enacting section 1. This amendatory act takes effect March 1,
Enacting section 2. This amendatory act does not take effect
unless Senate Bill No.____ or House Bill No.____ (request no.
05757'07) of the 94th Legislature is enacted into law.