On Tuesday, April 2, the Senate Banking and Insurance Committee took testimony, but no vote, on a draft personal injury protection (PIP) bill by Senator Simmons, chair of the Committee. The bill would repeal PIP and replace it with a mandatory $25,000/$50,000 bodily injury (BI) liability policy.
FHA testified that hospitals treat over 418,000 auto accident patients annually and over one third of those patients only had PIP coverage to pay for their care. FHA also explained that a BI policy does not cover the injuries of the at-fault driver and that there are delays in payment from the time of treatment to when the case is settled. In response to questions about whether Patient Protection and Affordable Care Act (PPACA) coverage eliminates need for PIP, FHA clarified that even fully-funded PPACA would still leave about 2 million Floridians without health care coverage and there was still a need for PIP or a mandatory medical pay policy. For more information, contact Bill Bell.