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Old 11-22-2024, 11:06 AM   #21872
Cappy
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Originally Posted by Slava View Post
I didn’t see if they actually announced the insurance reforms yesterday (I thought they were supposed to?). Seriously though, have they announced a single plan that’s actually improved or going to improve anything? I don’t even think it’s political at this point. It’s just sheer and utter incompetence.

And to think, oil has been in good shape, the economy is fine, and these guys can’t balance the budget. Every sector is crying for money, and it must being spent somewhere, but where? I’m pretty sure if I was Nenshi and the NDP my platform would be basically that. None of the public sector has gotten the money they need, but the budget is a mess…what in the world is going on?
They did announce it yesterday with a pretty crap presser and slide show:

https://www.cbc.ca/news/canada/edmon...stem-1.7390247

Glossed over a lot of the main points while promising a care-first model run by private-insurance companies who for some reason will have our interests at heart.

There were some inferences drawn about declining profits and that the implementation of this was to cover for increased property claims (Jasper, Fort Mac, Hail storms) which is hilarious.

The system appears to be similar to WCB model (it's actually the Sask model) run by private companies. injury payouts are on a schedule; long-term care is promised but unknown. you can potentially sue for "pain and suffering" if the driver is convicted of an offence like dangerous driving.

It's a convoluted mess which will inherently leave injured parties worse off, frustrated, and will allow for no accountability or promises from insurers to limit rate hikes.

It's a big win for insurance companies; an absolute unknown for insurance payers; and a huge loss for injured.

I stand by my long-standing statement that every big announcement this government has made has been absolute trash.
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