Quote:
Originally Posted by Slava
^ I guess my major issue with the cap is who much money does it actually save the consumer? We have to buy insurance by law (not that I would ever go without, or think that anyone should!!). If they are going to cap the damages and everyone saves a pile of money; then as long as we feel as a society that people are limited as to their injury compensation that is fine.
The problem with this cap though is that most drivers saved insignificant amounts of money, and the damages were capped...so the profits simply remained with the corporations.
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Section B benefits for pre-authorized treatments went from a max of $10,000 to $50,000 after the reforms came in.