Lansing — The Michigan Catastrophic Claims Association plans to refund state drivers $400 per vehicle with checks coming in the second quarter of 2022, Gov. Gretchen Whitmer's administration announced Tuesday.
“Michiganders have paid into the catastrophic care fund for decades, and I am pleased that the MCCA developed this plan so quickly after unanimously approving my request to return surplus funds to the pockets of Michiganders," the governor said.
The organization's analysis found that about $3 billion of the surplus could be returned to policyholders. The MCCA sought "to issue the largest possible refund to policyholders while maintaining sufficient funds to ensure continuity of care," said a letter from Kevin Clinton, the association's executive director.
If you had an active insurance policy as of 10/31/2021 you can expect to receive $400.00 per vehicle on the active policy by Spring of 2022. You do not need to take action. The MCCA will send the fund to the insurance carriers and the Insurance Companies will distribute accordingly.