Financial Services: Health Plans in Canada with LMBF
Canada offers a universal healthcare system which provides reimbursement for numerous health expenses but it can leave out things like physiotherapy, prescription drug costs, medical equipment expenses that aid with mobility, and even emergency medical services in other countries if you are travelling abroad and get into an accident. In some cases, an employer will offer a group benefits plan, but if your employer doesn’t, if you are self-employed, or if you would like additional coverage, private health insurance in Canada is the option for you. LMBF’s health insurance experts can help you get the health plan in Canada you need for peace of mind. Start today with a free health insurance quote.
Advantages of Health Insurance in Canada
Health insurance in Canada may be purchased at different levels for different amounts of coverage. Individuals who may not have a large budget to afford extensive coverage can purchase basic plans to cover dental care, preventative care, and a range of other services, where those who want more intensive coverage may purchase higher levels of protection.
Medical & Preventative Care Expenses
Although Canada’s universal healthcare system does provide coverage for a wide range of treatments, it does not cover several necessary medical costs, like prescription drugs, mobility-aid equipment, etc. Private health plans reimburse Canada residents for these costs.
- Your employer does not offer a group benefits plan or you are self-employed
- You’re changing jobs and losing your group plan
- You want extended coverage beyond your provincial and/or employer’s group plan
- Provides coverage beyond what the universal healthcare system offers
- Covers a wide range of medical expenses, treatments, and costs
- Can be customized depending on your coverage needs
What is health insurance in Canada?
Personal or private health insurance in Canada is an insurance product designed to provide coverage for expenses that are not typically covered by the universal healthcare plan. This includes emergency services in other countries, mobility medical equipment, dental care, prescription drug costs, and more. These costs can add up, and if you don’t have a group benefits plan through your employer then it might be worth considering purchasing personal health insurance in Canada.
Our Health Insurance Partners
Although Canada offers a universal health care system, there are some medical expenses and preventative care costs that are not covered. If you do not have employer group benefits coverage, it may benefit you to seek out a private health plan in Canada. LMBF has partnered with some of the top private health insurance carriers to help secure coverage that supplies you with the peace-of-mind you need. Get a free quote to see how affordable it can be to get health insurance in Canada from any of our partners.