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Ontario insurance

In recent disgust with the current state that the United States is in I have been thinking about moving to Canada. I am still finishing up school, but in light of the fact that the US has made itself enemies with everyone in the world, and on top of that the health care and economic issues, I have often wondered if moving north might not be the only answer. The great thing about moving to Canada is I would still be on the same continent and still able to drive and see relatives and friends, without having to live here in the US. In looking into Canada, I have been considering moving to the Ontario region, I have a few friends there and I was there once for a visit and really had a great time. Being Canadian is different in a lot of ways from being an American. They have a much better regulatory system for their health care and in Ontario insuranceis regulated by and agency for Insurance: FSCO. FSCO stands for the financial services commission of Ontario. Here the government oversees the insurance for the entire region. They not only monitor auto insurance, co-ops, credit unions, home owners insurance, loan and trust companies, mortgage brokers, motor vehicle accident claims funds, and pensions, but they accept consumer complaints and issues and investigate and prosecute where necessary. This is a great help, knowing that the insurance companies are being police dogged to make sure that you are getting a fair shake, in the US you really can’t get a fair shake from the insurance companies unless you get a high priced attorney to help you. This is a double edged sword because you get the attorney and then they get almost all the extra money that you get in the settlement for their fees, and you still wind up in the same boat either way. I would be really great if we had a better health insurance system in the US as well, but I guess we are not quite that advanced yet. In any case, I really think that moving to Canada is the only way to go, and I am pretty sure after looking into this whole thing that I will relocate to the Ontario region as soon as I finish my schooling here in the US.

posted by: Jen on Wednesday, September 17, 2008 @ 8:53 AM