New regulation means disaster for injured drivers
Author(s): Darcy R. Merkur
August 31, 2015
On August 27, the Ontario government reduced accident benefits purportedly as a way to cut automobile insurance premiums.
While the changes and reductions will surely serve to fatten up an already-fat insurance industry, they’ll also cause further financial distress and hardship for accident victims.
The legislation, set out in Ontario Regulation 251/15, will reduce total accident benefits available to the most seriously injured motorists in Ontario to $1 million from $2 million.
In addition to cutting catastrophic impairment benefits in half, the legislation overhauls the definition that determines entitlement. The overhaul includes the elimination of the popular Glasgow coma scale test as a means to obtain the crucial catastrophic impairment designation and adopts an assortment of new tests.
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