Revising the cat definition – the definition is still fundamentally based on principles using technology from the 1970s, he said, noting that a government-commissioned report has already been completed by an independent body; Adjusting interest rates on the Statutory Accident Benefits Schedule – the rate should be in line with others, perhaps something like 1.5% to 2% annually, rather than a rate compounded monthly; Stablizing minor injury guideline reform – the guidelines need to be binding to help ensure that people are dealt with in a timely and efficient manner; Reducing treatment costs – individuals in Ontario can receive treatment for 10 years, considerably longer than in some other provinces; Reforming the arbitration process; and Replacing the bodily injury verbal threshold – the hope is that will allow for actual settlements and, perhaps, settlements at smaller amounts.
“Some people are going to be annoyed. My point is I don’t really care who’s annoyed if Ontarians benefit. So government’s got to step up and have the courage to force these things through. Otherwise, we’re not going to get there,” Tulloch cautioned.
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