Rick Scott: PIP coverage a $1 billion "tax"

in Uncategorized by

Florida consumers are paying nearly $1 billion a year for personal injury protection insurance, a $10,000 policy set up in the 1970s to keep minor medical claims out of court, reports the News Service of Florida. The system is increasingly wrought with fraud and other cost drivers including higher medical costs, an expansion of services and increased litigation over who gets paid, the state’s consumer advocate told the governor and Cabinet Tuesday. Robin Westcott, Florida’s insurance consumer advocate, told the panel that unless changes can be made soon, consumers might be better off if the state did away with the no-fault system that may cause rates to rise and additional 10 to 25 percent over the next couple of years

Peter Schorsch is the President of Extensive Enterprises and is the publisher of some of Florida’s most influential new media websites, including SaintPetersBlog.com, FloridaPolitics.com, ContextFlorida.com, and Sunburn, the morning read of what’s hot in Florida politics. SaintPetersBlog has for three years running been ranked by the Washington Post as the best state-based blog in Florida. In addition to his publishing efforts, Peter is a political consultant to several of the state’s largest governmental affairs and public relations firms. Peter lives in St. Petersburg with his wife, Michelle, and their daughter, Ella.