Establishes a post-traumatic stress injury fund to pay claims and administrative costs.
The bill creates a post-traumatic stress injury fund in Michigan to pay claims and administrative costs. The fund will receive money from any source, and the state treasurer will manage its investments. The director will oversee the fund and must report annually on claims and fund status. If the fund lacks sufficient money to pay claims, approved but unpaid claims will be paid first when funds become available. The fund has the same rights as an employer or carrier.
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- Core Provisions
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- Legal Framework
- Critical Issues
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