When you hit a certain age in your life, medical bills creep up. Pills you didn’t need 10 years ago are now essential to your health. Add up the cost of everything you may need in your retirement years. This amount could be staggering. Now having a private health insurance and dental plan to help off set the cost of all these expenditures, could help someone on a fixed pension income considerably. With no health or dental coverage – suddenly all the…

There are more options than you might think, even if you have to buy on your own Your health insurance options vary depending on whether you have a job, have to buy insurance your own, are 25 or younger, or have a pre-existing medical condition. If you get insurance at work: Most people younger than 65 get health insurance through a job. Employee group plans vary enormously in cost and scope of benefits. To make the most of your plan,…

I’m a commercial broker… I usually handle the property/casualty side of the insurance industry. Health insurance is not my usual day to day. However having just going through surgery and recently enjoyed the hospitality of the Ontario medical system …Let me just say…..THANK GOD for health insurance. Without going into major unwanted gory details… I was cut open…healed…and sent home to rest. However without my handy dandy little insurance card. My hospital bill of would have sent me back into…

Are private Ontario health insurance plans really needed after retirement? You’ve worked all your adult life earning a salary and more the likely taking advantage of the company’s employee benefits which always include health insurance.  However when your about to retire and have to walk away from that health plan…it could prove to be a very painful and expensive experience.  With not health or dental coverage  – suddenly all the bills are now paid 100% out of pocket. The cost…

1. Small Business Health Insurance Did you know that small business group health insurance is available to businesses with as little as two employees? Many business managers and entrepreneurs in Canada do not realize this fact. Small business owners are often surprised that group health insurance for small business is available and affordable. And they are surprised by the financial, tax and employee retention benefits. 2. Financial Benefits of Health Insurance Having a Group Health Insurance plan in place has…

Before deciding on an exact type of health insurance plan, it’s important to know what kind of coverage is out there. While there are a lot of different ways to get health insurance, it’s good to know what you may be eligible for before you start your health insurance search. Group Health Insurance The majority of people under the age of 65 have medical insurance through their employers’ group insurance. According to the National Coalition on Health Care, in 2005,…

Government or public plans provide comprehensive coverage of core health care services such as wardlevel hospital acute care and most physician services. Supplementary plans, focus on non-core services that are not covered–or not fully covered–by government plans. They may be group plans sponsored by employers, unions and associations or individual plans that consumers purchase for themselves. OHIP: Ontario Health Insurance Plan A resident of Ontario must have a health card to show that he or she is entitled to health…

Short term disability is a type of insurance that pays a percentage of an employee’s salary for a specified amount of time, if they are ill or injured, and cannot perform the duties of their job. Many times, employees are required to use sick days before short term disability kicks in, if it’s an illness that keeps them out of work for an extended period of time. This is why there is usually a different policy for short term disability…

1. Mid-air collisions  Frankly, it boggles my mind that mid-air collisions happen at all. There are three whole dimensions up there! At any rate, Santa has somehow managed to avoid these sorts of accidents for as long as he’s been Santa, but with more and more aircraft taking to the sky every day, it’s only a matter of time before someone wing-clips Rudolph and Santa’s forced to bail – and foot the hefty repair bill. 2. Health You know how…