Health insurance is insurance against the risk of incurring medical expenses. By estimating the overall risk of health care expenses, an insurer can develop a routine finance structure, such as a monthly premium or payroll tax, to ensure that money is available to pay for the health care benefits specified in the insurance agreement. The benefit is administered by a central organization such as a government agency, private business, or not-for-profit entity

Anything beyond what the public system will pay for. For instance, should you have to spend some time in the hospital, the public system will cover the cost of your bed in a ward, which usually has three other patients. If you want a private room, the extra charge will come out of your pocket, unless you have extended health coverage either through your employer or through a policy you have bought yourself.

Private Health Insurance Cover?

Canadian private health insurance can save you money but it can also mean the difference between health and unnecessary suffering.

For example, you may have a condition that requires expensive prescription medication. Having to purchase medicine for chronic or long term illnesses can put a huge strain on a family’s finances and in many cases, Canadians simply can’t afford to pay for it themselves.

Some private health insurance plans cover:

Prescription drugs

                Vision care

                Hearing aids

                Ambulance

                Semi-private hospital rooms

                Accidental dental

                Registered chiropractors, physiotherapists and massage therapists

Individual health plans offered by Blue Cross are uniquely designed to provide services that supplement each province’s government health plan. They offer an excellent range of supplementary health and dental benefits, including prescription drug, vision and hospital.

If you have further query please contact Canada Insurance Plan.