Florida's PIP, No-Fault Sunset Concerns Council Members
Southeast News • January 3, 2006
There is no support among Florida Insurance Council members for the outright reenactment of the no-fault/PIP statute, Sam Miller, FIC executive vice president told Insurance Journal.
Florida's ...
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Subject: Florida PIP
Posted On: October 3, 2007, 10:34 pm CDT
Posted By: Liz
Comment:
Oh yeah and does it tick anyone else off but me, that the FL PIP statute has been scheduled to sunset for many years on 10-1-07 if not re-instated in 2006, and because the legislature is suddenly feeling pressure to re-instate PIP, they discuss it in a special session that cost the tax payers $40k per day. They shouldn't charge us extra for not doing their job in the first place!
I am not pro-insurance, but use your common sense. No insurance company would turn away profitable business. The only people who make money off of PIP today are plaintiff lawyers and accident doctors, so they are the only ones who want to keep it around. I see many really injured people who end up in the hands of the wrong providers, usually at the direction of a lawyer, who spend up their last PIP dollar and throw the patient out the door. Beleive me, most injured people don't benefit from PIP. If you are really seriously injured, PIP is just a drop in the bucket anyway. It was not created for the seriously injured, just for minor injuries. And if you don't beleive me, check this web site to see exactly what the lesgislature found when they investigated PIP issues in 2003:
http://www.flsenate.gov/data/committees/senate/bi/PIP_FinalReport.pdf
For those of you who want to purchase PIP, I think you should be allowed to. But when you have health coverage and disability coverage from another source, PIP is just a waste of money.
Subject: Florida PIP
I am not pro-insurance, but use your common sense. No insurance company would turn away profitable business. The only people who make money off of PIP today are plaintiff lawyers and accident doctors, so they are the only ones who want to keep it around. I see many really injured people who end up in the hands of the wrong providers, usually at the direction of a lawyer, who spend up their last PIP dollar and throw the patient out the door. Beleive me, most injured people don't benefit from PIP. If you are really seriously injured, PIP is just a drop in the bucket anyway. It was not created for the seriously injured, just for minor injuries. And if you don't beleive me, check this web site to see exactly what the lesgislature found when they investigated PIP issues in 2003:
http://www.flsenate.gov/data/committees/senate/bi/PIP_FinalReport.pdf
For those of you who want to purchase PIP, I think you should be allowed to. But when you have health coverage and disability coverage from another source, PIP is just a waste of money.