To exempt a person age 65 or above from having to buy the unlimited personal injury protection (PIP) coverage mandated by the state’s no fault auto insurance law. Specifically, these individuals could buy either unlimited injury coverage or a policy that caps medical coverage at $50,000, with injury expenses above that amount covered by the individual's Medicare and related coverage.   Official Text and Analysis.

With the recommendation that the substitute (S-4) be adopted and that the bill then pass.

To tie-bar the bill to Senate Bills 972 and 1014, meaning this bill cannot become law unless those ones do also. Those bills would restrict insurers from including non-driving factors in setting insurance premium prices.

To mandate that the alternative coverage proposed by the bill be at least 10 percent cheaper than the cost of the standard unlimited medical benefits coverage.

To require auto insurance buyers who qualify for the capped coverage to affirm this choice rather than make this option the automatic default.