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Dear members/colleagues,
Finally – our fees are in the news!
Last week I spoke with Globe & Mail reporter Chris Hannay and his article is in today’s paper. He also spoke with physio clinics owner Anthony Grande, the Insurance Bureau of Canada and FSRA.
When asked about my comment that our fees had been “hermetically sealed since 2014” in FSRA’s Professional Services Guideline, FSRA’s spokesperson said that the Guideline did not prevent insurers from paying more than the stated minimums.
The piece outlined and attributed my point that while individual adjusters may agree on a case-by-case basis to pay out a fee that is higher than the guideline, by and large it is in the nature of insurance companies to reimburse based on the minimum they are allowed to pay.
And I was directly quoted saying:
“It doesn’t prevent them from paying more. Well, right, it doesn’t prevent them giving all their money away to the poor either but they don’t do it”.
I think it is an excellent article. Mr. Hannay does a great job of covering the big and small picture aspects of this issue. I encourage you to read and share. If you are a subscriber here’s the link. If you are not a subscriber and wish to access this article, you can purchase access to today’s paper here. |
