What Are Optional Accident Benefits in Ontario?
Accident benefits can be valuable if you suffer a catastrophic injury and need additional assistance running a home or business. These benefits are designed to help you pay for medical care and can increase to $320 per week for a non-earner who is not working. In addition, they can be adjusted to reflect inflation from January 1 each year. To find out if your accident benefit will cover additional expenses, speak to your insurance advisor.
Catastrophic injuries require extra help to run a home
During recovery from catastrophic injuries, families are faced with the burden of paying for ongoing medical expenses and missing work to care for a sick or disabled member of the family. In addition to the financial toll, a catastrophic injury can also lead to severe emotional trauma for the victim’s family. Often, the victim suffers lifelong disabilities, leaving family members to make important decisions about their care and future.
Medical treatment costs not covered by OHIP
If you are involved in a car accident, you may be eligible to receive compensation for medical treatment costs. These expenses include dental care, ambulance services, chiropractic care, hearing aids, medications, and transportation to and from medical appointments. The program also pays for expenses such as home modifications, vocational training, and financial counseling. But before you can receive compensation for medical expenses, you must first prove that they are reasonable.
Insurance companies in Ontario provide medical coverage for certain expenses if you suffer a serious injury in an accident. Under the Ontario Health Insurance Plan, this coverage can cover up to $65,000 for non-catastrophic injuries and $1,000,000 for catastrophic injuries. These benefits also cover psychological therapy, chiropractic care, physiotherapy, and family counseling. The benefits are limited to a maximum of $65,000 for non-catastrophic injuries, but you can purchase up to $130,000 in coverage to cover more costly medical costs.
Coverage limits for non-catastrophic injuries
The amount of coverage you get from your auto insurance depends on the accident benefits you choose. You can choose between optional benefits that boost the maximum amount of coverage for non-catastrophic injuries, or catastrophic injuries. Catastrophic benefits are worth $3 million, while non-catastrophic benefits can only cover $65,000. Optional benefits also increase your coverage for lost educational expenses. If you’re in school, for example, this amount of coverage can cover tuition, books, and lodging.
Accident benefits are an important part of your insurance coverage, which is why you should take the time to understand what these benefits are. They cover many different medical expenses and can even include a private nurse or personal support worker. The limit for these benefits is set by your insurance policy. In addition to covering medical costs, accident benefits also cover things like mobility devices, psychological counseling, chiropractic treatment, surgery, and physiotherapy. If you have dependents, you’ll likely want higher accident benefit limits.
Non-earner benefit increases to $320 weekly
The amount of money that an injured person receives under the non-earner accident benefit is increasing in Ontario. Previously, a person receiving this benefit received $185 a week for two years. However, the amount has increased to $320 per week if they are unable to return to work. The benefit is meant for people who cannot return to work for more than four weeks, but they must still have a disability resulting from their accident.
The amount of money a claimant receives through the non-earner benefit depends on how long the claimant has been out of work after their accident. Usually, the benefit is $185 per week, but it can increase to $320 a week after 104 weeks. This amount is also available for those who had no employment at the time of the accident but are not able to work.