HB 997 - Motor Vehicle Insurance Summary

• Establishes that insurer payments for medical services pursuant to a Medicare-based fee schedule are deemed reasonable; authorizes use of Medicare coding policies and payment methodologies, including applicable modifiers.

• Limits attorney fee recovery in no-fault disputes; prevents health care providers from recovering attorney fees if insurers have paid bills pursuant to the maximum charge schedule, and eliminates contingency risk multipliers in fee calculations.

• Creates new provision allowing insurers to exclude all coverage for named household members on private passenger motor vehicle policies with written consent.

• Schedules repeal of Florida's no-fault law (Personal Injury Protection provisions) effective January 1, 2019, and requires the Office of Insurance Regulation to conduct a study on the 2012 no-fault law changes.

• Makes conforming amendments to delete no-fault law references from traffic violations, vehicle registration, self-insurance certificates, clinic licensing, and insurance fraud statutes; authorizes policy termination dates on motor vehicle insurance policies.