Insurers spent $171 million on “insurer initiated assessments” for
victims who were injured in accidents between January 1, 2011 and June
30, 2013. During that same time period, insurers spent $359 million on
treatment for that same group. For every dollar that insurers spent
treating someone to help them get better, they spent almost 50 cents
assessing them. Those assessments, which often lead to denials of
treatment, have a huge negative impact on a victim’s emotional
well-being and help to create the adversarial first-party benefits
system that often forces victims to litigate with their insurers for
years in order to obtain necessary treatment. Thus, for every dollar
spent helping a victim to get better, 50 cents is spent making them
worse!
OTLA Three-Year Review Submissions – March 31 2014 FINAL
Source: http://www.fairassociation.ca/2014/04/ontario-trial-lawyers-association-submission-to-auto-insurance-3-year-review/
CIN is a non-profit Advocate for Insurance and Health Care Reform. Postings are cut/paste from other sources. @Cinsurancenews #rally4accidentvictims #ABPetition #CPPbacklog
No comments:
Post a Comment
Thank you for your comments.
Canadian Insurance News does not endorse any of the views posted. By submitting your comments, you acknowledge that we have the right to reproduce, broadcast and publicize those comments or any part thereof in any manner whatsoever.