Sunday, January 4, 2015

Fair Response to KPMG

"The 91,818 claims were that denied and ended up in the DRS mediation system between 2010 and 2013 represents a shocking number of people unable to access the benefits they need to recover. The public is becoming aware that they are not getting what they paid for and that our government appears to have a greater interest in the health of our auto insurers’ bottom lines than they do for the health of the citizens of Ontario."

"Many legitimately injured MVA victims are stuck in a claims system that often lasts for many years, even decades. For scores of victims it is an empty promise that “FSCO provides timely, cost effective dispute resolution services for claimants and insurers who disagree about entitlement to statutory accident benefits or the amount of benefits” when their claim is stuck in the system and they are without treatment or supports."


"note that in recent months almost 70% of arbitration hearings are from MVAs in 2009 and 2010. This means that claims are still taking 4 to 5 years to work through the system. Once turned down for benefits, victims are impoverished and their treatments and recovery are stalled.

These individuals don’t just disappear – when turned down by their insurance company; people end up on welfare, ODSP and CPP Disability. This has put extreme pressure on our social systems where many necessary treatments are not available and this simply protracts the recovery process, driving victims deeply into debt in order to afford treatment."

"We are extremely concerned about the distortion of facts that has resulted from the Anti-Fraud Task Force report. The attempt by the IBC to substantiate the $1.2 (or 1.3) billion dollar loss to fraud that the industry had used as an excuse to overcharge on premiums for over 20 years is a failure to recognize that this is an industry that isn’t minding their dollars and cents but rather spending like it’s Christmas because they managed to pull off the tall tale of fraudsters lurking
around every corner scamming billions from honest drivers."

Read the full report:
http://www.fairassociation.ca/wp-content/uploads/2014/08/FAIR-Response-to-KPMG-Survey.pdf

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

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