A16 MARSHALL

ON Auto Insurance → mandatory components

No-fault (Acc Benefits)

• provides benefit regardless of fault

Tort (BI)

• Allows you to sue at-fault driver

Why are ON auto benefits not delivered fairly?

CLEV

Cost Control at expense of care

• Insurers focused on cost control instead of care

Lawyers

• Lawyer fees are % of settlement

• Seek higher settlement, not better care

Entitlements

• Victim seek to maximize entitlement vs own care needs

Volume

• Providers paid by volume of treatment, not result

5 Part Action Plan to deliver Fair Benefits in ON

S(CI)L$S

Structural Flaws

• Fix by appointing arms-length regulator w/ power to enact policies

Cat Injuries

• Change compensation system for cat injuries → legal fees too high

Lawyers

• Make contingency fees transparent

• Simplify benefits to reduce need for lawyers

Care Not Ca$h

• Change focus from cash settlement to appropriate care

Smart Regulation

• More freedom for insurers to compete on price & service

Opportunity Gap

There’s opportunity for ON auto prem to be lower w/o impacting quality!

Value Gap

Value of medical care could be better if focus on active medical management instead of cash settlements