HB 1007 - Motor Vehicle Insurance Summary

• Repeals Florida's no-fault personal injury protection (PIP) system established under sections 627.730-627.7407 and replaces it with a new "Florida Mandatory Emergency Payments Coverage Law" (sections 627.747-627.7477).

• Creates mandatory emergency payments coverage requiring $10,000 in medical and death benefits (80% for medical expenses, up to $5,000 for death benefits) for motor vehicle owners and operators.

• Establishes a fault-based insurance system for tort liability claims while maintaining mandatory emergency coverage for immediate medical expenses from accidents.

• Sets strict requirements for billing, coding standards, and provider reimbursement rates for emergency medical services, with penalties for improper billing practices like "upcoding" and "unbundling."

• Takes effect July 1, 2014, with extensive conforming amendments throughout Florida's insurance code and motor vehicle regulations.