The Financial Services Regulatory Authority of Ontario (FSRA) announced it is suspending the licenses of 106 health service providers in the province who have failed to file their annual information returns (AIR) between 2018 and 2021.
FSRA says those with suspended licenses for failing to complete the annual questionnaires failed to respond to industry eblasts, multiple reminders, overdue notices and personal phone calls encouraging them to file on time.
“Health service providers who are licensed by FSRA are legally required to file their AIR each year. FSRA regulates the billing practices of health service providers to help maintain fair and reasonable auto insurance rates for consumers,” FSRA writes in a statement about the license suspensions.
They add that service providers with suspended licenses may still provide care to accident victims but cannot receive direct payment from insurance companies. Instead, claimants must pay for the services rendered and apply for reimbursement from insurers.
