Showing posts with label Minister of Finance. Show all posts
Showing posts with label Minister of Finance. Show all posts

Tuesday, December 13, 2016

Drug company billionaire pulls out of Liberal cash-for-access fundraiser


The billionaire chairman of pharmaceutical giant Apotex has pulled out of an elite “cash for access” fundraiser at which Finance Minister Bill Morneau is the star attraction – two days after the Liberal Party sent a letter to cabinet announcing it plans to ban business executives or others from attending fundraisers if they are lobbying the government.

Source/more:

http://www.theglobeandmail.com/news/politics/chairman-of-canadian-drug-maker-apotex-pulls-out-of-cash-for-access-fundraiser/article32694874/?cmpid=PM1116



Sunday, June 14, 2015

Car crash victims deserve better deal

First posted: | Updated:
Kathleen Wynne
Ontario Premier Kathleen Wynne. (QMI files)
Ontario’s car insurance system seems to work well except for consumers who need it and accident victims who make legitimate claims under it.

After all, the insurance industry is making good money.

Lawyers are amply rewarded acting for plaintiffs and insurance firms.

Doctors earn significant sums preparing insurer-requested medical reports.

Treatment providers receive good compensation for treating the injured.

Premier Kathleen Wynne received generous financial support from the car insurance industry when she ran for the Liberal leadership.

The Liberal party receives significant campaign donations from it.

But here’s the problem. Two problems, actually.

The first is fraud by people trying to rip off insurance companies with phony claims. We agree it happens and it’s a serious problem.

But what we don’t understand is why the amount of fraud -- to hear it from the insurance companies -- never, ever, seems to decrease.

Fraud, we’re told, is the main reason auto insurance premiums in Ontario remain stubbornly high, no matter how many times the government cuts back benefits to all accident victims at the behest of the insurance industry, as it did again in its latest budget passed last week.

We also think there’s another kind of fraud in the insurance industry that needs to be addressed by government.

That fraud happens when people who have faithfully paid their auto insurance premiums year after year are hurt in serious accidents and, when they make legitimate claims for the benefits promised in their policies, are denied them.

It happens when car insurers fight against paying genuine claims from accident victims, falsely making them out to be the enemy and going to absurd lengths in and out of court to deny them the benefits to which they are entitled.

Last week, hundreds of demonstrators at Queen’s Park protested this kind of fraud as the Liberals passed yet another piece of legislation favoured by the insurance industry that will cut in half benefits for people who sustain catastrophic, life-changing injuries in car accidents.

Prior to the passage of the budget, Finance Minister Charles Sousa boasted, “Ontario is the most generous in Canada when it comes to providing coverage for auto insurance.”

Last week, Sun legal affairs analyst Alan Shanoff, demonstrated conclusively in his column how this statement was inaccurate.

In fact, Ontario doesn’t provide the most generous benefits for either catastrophic injuries or for so-called “minor” ones, which can include dislocation of joints, partial tears of tendons and ligaments and whiplash not exhibiting neurological symptoms.

As the FAIR Association of Victims for Accident Insurance Reform put it: “The budget does nothing to ensure that insurer claims management practices are fair and there has been no action (to deal with) ... the biased and corrupt insurer medical examination reports that are disqualifying innocent and legitimate accident victims.”

We agree. It’s time to end this type of insurance fraud, as well.

Source: http://www.torontosun.com/2015/06/06/car-crash-victims-deserve-better-deal

Hundreds rally against cuts to auto insurance benefits

By , Toronto Sun
First posted: | Updated:  

TORONTO - Changes to auto insurance benefits for motor vehicle accident victims passed in the Ontario legislature Wednesday as part of the provincial budget.

“God help us all,” Tammy Kirkwood said upon hearing the news. “We’re getting a lot less coverage for a lot more money and I’m not sure why.”

Kirkwood was one of hundreds of protesters at Queen’s Park rallying against reductions in auto insurance benefits which they say will have the most effect on victims with catastrophic injuries.

The 47-year-old Orillia woman said protesters were “flabbergasted” that the provincial government “was trying to disable our resources and our funding to recover.”

Part of the changes to auto insurance rules under the new budget mean that combined coverage for medical, rehabilitation and attendant care benefits for the catastrophically injured will be cut in half from its current cap of $2 million to $1 million.

Kirkwood survived a 2008 collision when a dump truck hit her car. She had to be pried free from her vehicle by firefighters, and was deemed catastrophically injured.

She says she was only able to move forward because she had access to the services she needed.

Unable to return to work, Kirkwood now volunteers as an advocate with FAIR Association of Victims for Accident Insurance Reform.

New Democratic Party MPP Jagmeet Singh spoke at the rally in support of their cause.

The cuts affect “the most vulnerable people,” such as people with brain and spinal cord injuries, he said.

“They need benefit coverage ... to live an at least somewhat decent life,” Singh pointed out.

A spokesman for Finance Minister Charles Sousa said the government is “working hard to create a fair and affordable insurance system” for the province’s 9.4 million drivers.

Ontario is “the only province in Canada to offer exclusive catastrophic coverage,” Kelsey Ingram said in an e-mail.

“Catastrophically impaired claimants will also continue to be able to sue an at-fault party to recover damages for health-care expenses and potentially other claims,” she added.

The provincial government is also committed to making sure any savings from these changes do not result in “excess profits” for insurance companies, Ingram said.

“This is about lowering premiums while providing support and protection for all Ontario drivers,” she said.

maryam.shah@sunmedia.ca




Tuesday, May 26, 2015

Stop Reducing Ontario Accident Benefits - Petition

Ontario: Be aware of the proposed Changes to Accident Benefits which impacts all of us (including our loved ones) when injured in a car crash.

If you or a loved one is injured in a car accident you are entitled to certain benefits which you will rely on for your recovery.  These Accident Benefits are paid by you and regulated by the Ontario Government.

In 2010 the Ontario Government permitted insurance companies to dramatically cut these benefits for all accident victims.  Now there are more proposed reductions which will severely cut benefits for the most vulnerable victims of car crashes.  This will hurt victims' chances to recover from accidents and load additional costs to our already overly burdened health care system.

Finance Minister Charles Sousa recently announced the following proposed changes to the standard benefit level:

-$1 million coverage for medical and rehabilitation benefits and $1 million for attendant care benefits for catastrophically impaired persons to be reduced to half and combined

-Non-catastrophic benefits to be reduced from $86,000 to $65,000
-Medical and rehabilitation benefits for non-catastrophically injured persons will be available for only 5 years instead of 10
-Non-earner benefits (available for students or recent graduates) limited to two years

These proposed changes are unethical, especially considering Ontarians overpaid $840 million in 2013 and $3-4 billion from 2001-2013.

And unless we speak up, changes to our Accident Benefits could continue to take hits. It takes a lot to recover from a serious injury and many will be impaired for the entirety of their lives.

Please sign this petition, pass along, and contact your local MPP.

Petition/ source: https://www.change.org/p/ontario-mpps-finance-minister-charles-sousa-stop-reducing-ontario-accident-benefits

Sunday, May 10, 2015

Reviewing the changes (cuts) to Ontario Car Insurance: Pay More Get Less Yet Again

The governing Liberals announced Ontario’s budget on April 23, 2015. Finance Minister Charles Sousa, backed by Premier Kathleen Wynne were in fine form that day. When one thinks of the term “budget“, we would think of all things financial, including taxes, public spending on healthcare, infrastructure, and education. And to be fair, healthcare, infrastructure and education were all addressed in the 2015 budget.

http://www.torontoinjurylawyerblog.com/2015/05/reviewing-the-changes-cuts-to-ontario-car-insurance-pay-more-get-less-yet-again.html



Stop Reducing Ontario Accident Benefits - PETITION

Ontario:
Be aware of the proposed Changes to Accident Benefits which impacts all of us (including our loved ones) when injured in a car crash.

If you or a loved one is injured in a car accident you are entitled to certain benefits which you will rely on for your recovery.  These Accident Benefits are paid by you and regulated by the Ontario Government.

In 2010 the Ontario Government permitted insurance companies to dramatically cut these benefits for all accident victims.  Now there are more proposed reductions which will severely cut benefits for the most vulnerable victims of car crashes.  This will hurt victims' chances to recover from accidents and load additional costs to our already overly burdened health care system.

Finance Minister Charles Sousa recently announced the following proposed changes to the standard benefit level:

-$1 million coverage for medical and rehabilitation benefits and $1 million for attendant care benefits for catastrophically impaired persons to be reduced to half and combined

-Non-catastrophic benefits to be reduced from $86,000 to $65,000

-Medical and rehabilitation benefits for non-catastrophically injured persons will be available for only 5 years instead of 10

-Non-earner benefits (available for students or recent graduates) limited to two years

These proposed changes are unethical, especially considering Ontarians overpaid $840 million in 2013 and $3-4 billion from 2001-2013.

And unless we speak up, changes to our Accident Benefits could continue to take hits. It takes a lot to recover from a serious injury and many will be impaired for the entirety of their lives.

Please sign this petition, pass along, and contact your local MPP.

https://www.change.org/p/ontario-mpps-finance-minister-charles-sousa-stop-reducing-ontario-accident-benefits


Tuesday, May 5, 2015

Ontario Liberals look to make big cuts to climb out of deficit

The Ontario government is eliminating registered nurse jobs, courting labour unrest with teachers and clawing back social services – including a $100 monthly benefit for disabled people who work – as it seeks to dig itself out of deficit.

Finance Minister Charles Sousa’s budget Thursday is expected to bring more of the same. It will have to shave at least $2-billion off the deficit as the province looks to balance the books by 2017

Source/more:

Saturday, April 18, 2015

The Spectator's View: Insurance: We get the problem, what’s the fix?


No doubt your reaction was something like ours when you read the following headline and story in Saturday's Spectator: "Drivers overpaying for auto insurance: study" 
 
Really? Quelle surprise! We need a study to tell us that? How many times have we been told by experts, studies and even the provincial government that auto insurance rates are artificially high in Ontario? This time, the culprit, apparently, is a miscalculation that allows insurers to realize too much profit due to an unrealistic benchmark set by the Financial Services Commission of Ontario.

More/source:
http://www.insidebrockville.com/opinion-story/5555415-the-spectator-s-view-insurance-we-get-the-problem-what-s-the-fix-/

Monday, February 23, 2015

The Crash Tested Submission to Minister of Finance on Auto Insurance

C.Sousa,
Minister of Finance

Mr. Sousa,I am a motor vehicle accident survivor and a former small business owner however,I am not a low-information voter. I am perplexed,alarmed,dismayed and disgusted that your Ministry continues to acquiesce to each and every demand put forth by the Insurance Bureau of Canada (IBC). Ontario residents have seen benefits ravenously slashed to the bone or outright eliminated with no recourse.Meanwhile the insurance company plays games with rates and exponentially increases shareholder value on the backs of the injured,some catastrophically .Your government has forced legitimate accident claimants onto Social Services and require hospital care provided by the taxpayer while the insurer is allowed to avoid any responsibility and evade their contractual obligations.

Fraud has largely been perpetrated by organized crime and not the majority of the public yet you and your Ministry have fecklessly bought into the caustic propaganda the IBC has pervasively promoted.You've even outrageously come out as their boorish cheerleader touting what a wonderful thing these changes to auto insurance will do for Ontario drivers and those injured in a vehicle accident.You have never spoken specifically about Bill 15 but instead given the public your obtuse, irksome and mendacious platitudes and sound as if the new legislation is an accomplishment.

Your party claims to be the guardian of compassion but the punitive actions leveled against injured victims,including those who can no longer defend themselves,but you have chosen to accept personal cash benefits from an industry you and your Ministry are mandated to regulate.You are no longer serving the people,something you swore to do.

I will not get into issues such as contemptuously removing the Constitutional right to seek remedy in court.I will not waste my time pointing out the egregious and  inherent problems with the removal of experienced arbitrators and scandalously replacing them with political appointees,that is absurd.There is little point in bring up the insurance industry's proclivity to use rouge doctors who produce bogus medical assessments.You are fully and completely aware of the widespread damage along with personal and financial grief caused by your horrible actions injured accident victims and their families will now face for a lifetime all for your exclusive purposes.You have abdicated your responsibility as Minister of Finance for personal gain while adamantly ignoring the issues that many,including myself,have tried unsuccessfully to convey to you and your Ministry regarding auto insurance.

I have no confidence you will listen to anyone but the IBC and this is largely a public relations exercise that will be neglected just as every single person,group and organization has been throughout the phony public consultations that your government held leading up to the passing of Bill 15.May I suggest that the pair of shoes you buy for budget day be a pair of sandals,they're full of holes,I have every confidence the symbolism will be forebodingly apt.

thecrashtested.com 




Source: thecrashtested.com

Sunday, February 22, 2015

Fair Association letter to the Minister of Finance

FAIR Association of Victims for Accident Insurance Reform
579A Lakeshore Rd. E
PO Box 39522
Mississauga, ON, L5G 4S6
February 13, 2015

Dear Minister Sousa

Thank you for the opportunity to convey our concerns to the Minister of Finance office in respect to the upcoming Ontario budget.

FAIR is a not-for-profit organization whose concern is that Ontario’s vulnerable auto accident victims are now a very disadvantaged group within Ontario’s population. Big business concerns continue to eclipse the fair treatment of injured and disabled citizens who are caught in Ontario’s dysfunctional auto insurance scheme.

Without proper consideration from your office and government legislators we see innocent and often cognitively impaired MVA victims impoverished, without adequate rehabilitation resources and punished by a system that no longer functions. Present and past ‘fixes’ have only made the system worse and the province has incrementally taken on more and more financial responsibility for the 50-60,000 people injured on our roads every year. The public unknowingly pays through our social nets when Ontario’s wealthy insurers fail to live up to their contracts. Further, these public systems are not designed for, and don’t have the resources for the care of traumatically injured auto accident victims.

Ontario’s auto insurers habitually evade their contractual obligations to consumers and this is substantiated by the numbers when about half of all injury claims (pg 47) must use the courts to hold their insurer accountable.

Access to benefits hinges on the (highly profitable) expert medical report; the information and opinion that documents injuries and sets insurers on a path to adjust claims and injured victims on the road to recovery. Recovery simply isn’t happening because Ontario’s Third Party ‘expert’ medical examinations and reports are without any standards and virtually no oversight from their regulatory colleges. Family physician and treatment provider recommendations are conveniently trumped by highly paid medical experts whose allegiance is to the business who pays them and not the MVA victim. Failure to acknowledge and address this harm and dishonesty is causing not only trauma to victims but also additional costs to the publicly funded medical system where victims ultimately must address their injuries. That cost would not be insignificant.

There are now hundreds of thousands of individuals collecting Ontario Disability Support Program (ODSP) benefits and many of those people are unpaid MVA victims. This isn’t just a few people who fell through the cracks; it is a deluge of injured and disabled auto insurance claimants on our public supports when poor quality medical reports were used to disqualify them from accident benefits they paid for.

Recent changes like Bill 15 and the LAT will do nothing to fix the problem other than to shove MVA victims faster through the still dishonest system. In fact the incentive of reduced interest payable by insurers on overdue amounts owed to injured victims will only create more delays, denials and court actions and the resulting reliance on our public support systems such as welfare and ODSP. These are claimants whose access to ‘justice’ is limited to ‘if’ they can afford the expensive legal representation required to get through the process and so poverty quickly becomes the barrier to justice and it becomes the bonus to insurers.


Insurers talk about fraud and the high costs of claims but fail to address their own excessive legal costs and over spending (pgs 58, 59) by consistently spending more on assessments than treatment for claimants. What about the industry practice of paying $1000 cancellation fees to their IME providers and what does that add to the pockets of their medical opinion providers and ultimately take out of the claims dollars?

The auto insurance system is now so heavily skewed toward insurer interests and profit that the public is well on the way to be the major payer to auto accident victims – in other words, we pretty much have taxpayer funded public insurance. Private companies and their well funded lobby arm, the Insurance Bureau of Canada (IBC), have so successfully slanted coverage in their favour that it no longer serves Ontarians in either coverage or cost and has become a system so cumbersome and complex that it causes harm to those who must use the product.

Insurers have abdicated their responsibility and it requires a twisted form of laws and incomprehensible regulations in order to continue to fleece the taxpayers. Consumers are told they have adequate coverage but the dishonest medical opinion evidence shows that the system is without accountability and it has clogged up our courts and requires that our lawmakers even remove Charter rights in order to accommodate big business.

We are auto accident victims and their supporters and we are stuck in a system where it appears that those who have the power to make this a fair system now command a premium price for access  for a “better chance of really connecting” with Ministers. This isn’t something that injured and disabled auto accident victims are prepared or can afford to engage in. We ask that you act in the best interests of the citizens of Ontario ALL of the time.

Respectfully, we cannot have a system where consumers are forced to buy a product that promises services that are delivered only half of the time and that downloads indiscriminately to our public supports while causing chaos in our court systems. All of these actions have a price to the taxpayer and should be addressed. The answer isn’t calling injured MVA victims fraudsters so as to justify slashing coverage. Or to prop up an industry whose business practices include the use of dishonest bogus and/or biased and indeed harmful medical reports in order to hike insurer profits. Inaction on these issues ensures that costs of an MVA end up being passed on to the public. This is something that the Minister of Finance and the Minister of Health have the power to change through regulation and enforcement. We hope that you will take steps to control Ontario’s insurers who thus far are bleeding our medical and support systems into dysfunction and deficit.

FAIR Association of Victims for Accident Insurance Reform
‘FAIR – supporting auto accident victims through advocacy and education’



How to clean up the inconvenient stench in Ontario politics: Cohn
Ontario is the Central Canadian province that remains the Wild West of political fundraising in this country.http://www.thestar.com/news/queenspark/2015/02/11/how-to-clean-up-the-inconvenient-stench-in-ontario-politics-cohn.html

Source: http://www.fairassociation.ca/