Minnesota Session Laws - 1984, Regular Session

  

                         Laws of Minnesota 1984 

                        CHAPTER 420-H.F.No. 1652
           An act relating to no-fault insurance; requiring 
          no-fault insurance coverage of certain benefits rather 
          than medicare coverage; amending Minnesota Statutes 
          1982, section 65B.61, subdivision 1; repealing 
          Minnesota Statutes 1982, section 65B.61, subdivision 
          2b. 
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
    Section 1.  Minnesota Statutes 1982, section 65B.61, 
subdivision 1, is amended to read: 
    Subdivision 1.  Basic economic loss benefits shall be 
primary with respect to benefits, except for those paid or 
payable under a workers' compensation law or medicare, which any 
person receives or is entitled to receive from any other source 
as a result of injury arising out of the maintenance or use of a 
motor vehicle.  Where workers' compensation or medicare benefits 
paid or payable are primary, the reparation obligor shall make 
an appropriate rebate or reduction in the premiums of the plan 
of reparation security.  The amount of the rebate or rate 
reduction shall be not less than the amount of the projected 
reduction in benefits and claims for which the reparation 
obligor will be liable on that class of risks.  The projected 
reduction or rebate in benefits and claims shall be based upon 
sound actuarial principles.  
    Sec. 2.  [REPEALER.] 
    Minnesota Statutes 1982, section 65B.61, subdivision 2b, is 
repealed.  
    Sec. 3.  [EFFECTIVE DATE.] 
    Sections 1 and 2 are effective the day following final 
enactment and apply to all plans of reparation security issued, 
renewed, continued, delivered, issued for delivery, or executed 
on or after this date. 
    Approved April 22, 1984