Price Loss Coverage Program (PLC) payments in Michigan totaled $75.4 million from 1995-2021.
From 1995 to 2021, the top 10 percent of Price Loss Coverage Program (PLC) payment recipients were paid 62 percent of Price Loss Coverage Program (PLC) recipients.
Pct. of Recipients | Pct. of Payments | Number of Recipients | Total Payments 1995-2021 | Payment per Recipient |
---|---|---|---|---|
Top 1% | 20% | 139 | $14,752,862 | $106,136 |
Top 2% | 29% | 279 | $21,611,122 | $77,459 |
Top 3% | 35% | 418 | $26,622,897 | $63,691 |
Top 4% | 41% | 558 | $30,800,546 | $55,198 |
Top 5% | 46% | 698 | $34,349,302 | $49,211 |
Top 6% | 50% | 837 | $37,397,360 | $44,680 |
Top 7% | 53% | 977 | $40,080,997 | $41,025 |
Top 8% | 56% | 1,117 | $42,508,264 | $38,056 |
Top 9% | 59% | 1,256 | $44,702,141 | $35,591 |
Top 10% | 62% | 1,396 | $46,683,253 | $33,441 |
Top 11% | 64% | 1,536 | $48,475,250 | $31,559 |
Top 12% | 66% | 1,675 | $50,101,748 | $29,911 |
Top 13% | 68% | 1,815 | $51,616,352 | $28,439 |
Top 14% | 70% | 1,955 | $53,018,992 | $27,120 |
Top 15% | 72% | 2,094 | $54,328,823 | $25,945 |
Top 16% | 74% | 2,234 | $55,563,136 | $24,872 |
Top 17% | 75% | 2,374 | $56,712,390 | $23,889 |
Top 18% | 77% | 2,513 | $57,769,428 | $22,988 |
Top 19% | 78% | 2,653 | $58,763,320 | $22,150 |
Top 20% | 79% | 2,793 | $59,692,324 | $21,372 |
Remaining 80% of recips. | 21% | 11,173 | $15,670,698 | $1,403 |