MI HB5552

Allows individuals to select between two maximum personal protection insurance benefit levels when applying for or renewing policies: either the amount set by section 3104(2) or no maximum limit.

Increases the catastrophic claims association threshold from $500,000 to $555,000 effective July 1, 2017 to June 30, 2019, with biennial adjustments thereafter by the lesser of 6% or the Consumer Price Index, rounded to the nearest $5,000.

Clarifies that the maximum limit under section 3109a(2)(a) applies only to allowable expenses for medical care, recovery, and rehabilitation, but does not apply to work loss or other non-medical benefits.

Modifies references throughout from "commissioner" to "director of the department" and replaces archaic language ("shall") with modern statutory language ("must," "is," "does").

Adjusts association premium calculations and rate-making procedures to account for policies selected with the higher no-maximum-limit option, ensuring such policies do not generate charges to the association beyond deficiency adjustments from prior periods.