AB.AUTO Flashcards
Guiding principles of AB’s automobile insurance system (4)
PATS
Private sector delivery
Accessible and affordable insurance
Timely and appropriate outcomes when claims are made
Sustainable and viable auto insurance system
Goals a fondamental reform would need to achieve (4)
PAES
Private sector delivery model
Appropriate medical benefits for injured in auto collision
Easier access to income replacement benefits
Significantly reduce or eliminate costs from the system
Results of research from committee (4)
- Cause of high auto premiums was BI loss costs increase (component non-pecuniary damages)
- nothing to control BI premiums, premiums will continue to rise
- Some traffic injured are overcompensated while others are under-compensated
- traffic accident health outcomes where improved where tort systems were eliminated and replaced with no-fault models
name 2 provinces that have a pure no-fault system
Manitoba & Quebec
identify the recommendations of the Alberta auto insurance committee
- replace existing hybid tort/no-fault model with a pure no-fault model
- introduce a “continuum of care model” to promote appropriate medical evaluation, assessment and treatment
describe how Alberta’s new auto insurance is recommended to work
create a Traffic Injury Regulator, including a Board and Tribunal to oversee the 4 arms of accident care & compensation:
[1] claims administration and support
[2] medical experts to evaluate injuries
[3] claims assessment panels for income replacement
[4] a reconstituted version of AIRB (Automobile Insurance Rate Board)
identify problems that Alberta and Ontario auto insurance have in common (2)
- rising cost of auto insurance (largely bodily injury costs)
- inefficient delivery of medical care
what has been identified as a primary cause of problems in AB & ON auto insurance
both systems have a tort component which causes:
→ delays in medical care
→ diversion of resources to the legal system
identify a similarity in recommendations to address these problems in AB & ON auto insurance
- greater focus on timely medical care
identify a difference in recommendations to address these problems in AB & ON auto insurance
Alberta:
* convert to a pure no-fault system
Ontario:
* keep hybrid tort/no-fault system
(but fix structural flaws by appointing an arms-length regulator with powers to enact policies & procedures)