For years, Michigan residents have had to pay into an outlandish insurance system that’s dictated by state law. Why is Michigan the only – repeat, the only — state in the nation that requires extra coverage for unlimited lifetime medical benefits?
It almost makes you wonder which politicians where in bed with which insurance lobbyist when this crazy system was put into place.
Folks are mandated to pony up $175 per vehicle to pay into the Michigan Catastrophic Claims Association, which will start paying medical benefits if someone is seriously injured in a crash once the expenses surpass $500,000.
While some people have certainly reaped the benefits of such coverage, the greater populace suffers because of it.
At the same time as that per-vehicle fee has increased 2,500 percent, Michigan residents have been dealing with soaring unemployment and mass exodus from the eastern side of the state.
Life is risky. It seems that every other state in the nation is willing to accept that risk when their residents drive without the unlimited lifetime medical benefits coverage. Or, perhaps, those who are overly cautious choose to pay for extra coverage — such as Aflac, which will pay out for everything from car crashes to cancer to heart attacks for those who pay for such coverage.
It’s time for the state of Michigan, and its legislators, to rethink our insurance system. Take a good, hard look at the system and what the rest of the country has in place, and come up with some common-sense alternatives.
Map a course for less costly insurance. Map a course that will align the state with others in the nation, and save our residents a bundle.
Our Views reflects the majority opinion of the members of the Grand Haven Tribune editorial board: Kevin Hook, Cheryl Welch, Matt DeYoung, Liz Stuck and Fred VandenBrand. What do you think? E-mail us a letter to the editor to firstname.lastname@example.org or log-in to our website and leave a comment below.