Michigan Compiled Laws § 500.2110a Premium Discount Plan.

500.2110a Premium discount plan.

Sec. 2110a.

If uniformly applied to all its insureds, an insurer may use factors in addition to those permitted by section 2111 for insurance if the plan is consistent with the purposes of this act and reflects reasonably anticipated reductions or increases in losses or expenses. This section does not affect benefits or obligations required under chapter 31. This section does not authorize an insurer to offer or prohibit an insurer from offering premium discount plans concerning any of the following:

(a) Health care services, health care providers, or health care facilities.

(b) Automobile repair providers.

(c) Materials used in the repair of an automobile.

History: Add. 1996, Act 514, Imd. Eff. Jan. 13, 1997 ;-- Am. 2012, Act 441, Imd. Eff. Dec. 27, 2012
Popular Name: Act 218
Popular Name: Essential Insurance
Popular Name: No-Fault Insurance

Section: Previous  500.2104  500.2105  500.2106  500.2107  500.2108  500.2109  500.2110  500.2110a  500.2110b  500.2111  500.2111a  500.2111b-500.2111c  500.2111d  500.2111e  500.2112  Next

Last modified: October 10, 2016