LANSING (WWJ/AP) -- It's the final weekend before Michigan's sweeping auto insurance reform takes effect.
But Eric Poe, CEO of CURE Auto Insurance, says that drivers shouldn't worry.
Poe believes that giving drivers the choice to get the coverage that best suits their needs is going to feel like much-needed financial relief.
"They're trying to create new reform bills to try to undo some of the meaningful reform that was passed in May of 2019 that will go into effect July 1," Poe said. "Hopefully if we can all just stay put and watch the effects of this new bill come into law, we'll all see the benefits and we'll see the narrative change."
On Thursday, the Michigan House voted 95-13 on legislation to spend $10 million to help offset financial losses for rehabilitation facilities and medical care providers that will be effected by deep rate cuts under the state's new auto insurance law.
The legislation was sent to the Senate one week before the 45% reduction in insurance payments go into effect for post-acute services that aid people injured in auto accidents.
The reimbursements were cut as part of the auto no-fault legislation from lawmakers and Governor Gretchen Whitmer to lower drivers' premiums in Michigan.
Funds from the $10 million aid package would be available to providers that demonstrate a "systemic deficit" as a result of the limits on fees, and be distributed on a first-come, first-serve basis.
More information on Michigan's new auto insurance law can be found at Michigan.gov/autoinsurance.
