Injured drivers fee rising by 13 percent to $192 per vehicle on July 1 | Crain's Detroit Business

Injured drivers fee rising by 13 percent to $192 per vehicle on July 1 | Crain's Detroit Business: 
"13 percent increase due to higher-than-expected medical claims for injured drivers
MCCA says it has an estimated deficit of $2.3 billion

• Michigan's unlimited coverage for medical costs on auto insurance policies is a primary reason the state's insurance costs are high.
• Michigan motorists will see their auto insurance bills rise by $22 per vehicle after July 1 to fund an increased assessment for catastrophic injuries.
• The Michigan Catastrophic Claims Association, the state's pool of medical payments for injured drivers, has set its 2019 fiscal year rate at $192 per vehicle, up from this year's rate of $170 per vehicle.

Under Michigan's no-fault auto insurance law, medical claims exceeding $550,000 are paid by the MCCA, a Livonia-based organization that claims $20.7 billion in assets and $23 billion in long-term liabilities on its balance sheet.
The MCCA says it has an estimated deficit of $2.3 billion..."
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