Sun Life Financial Inc. (TSX:SLF) has released a series of provincial healthcare funding guides to help Canadians understand what governments, employee benefit plans and personal insurance cover.
These comprehensive guides outline and detail coverage options, personal costs and other key considerations for six common health events or services: disability; home care; long term (nursing home) care; palliative (end-of-life) care; prescription drugs; travel emergency medical
“Canada’s health insurance system was set up to respond to people’s need for it, rather than for their ability to pay for it. However, our research revealed that a large majority of Canadians are not aware that not everything is covered by their provincial health insurance,” says Brigitte Parent, senior vice president, individual insurance & wealth, Sun Life Financial Canada. “We hope that our new healthcare funding guides will help Canadians in understanding what’s covered and what’s not.”
Though government and employer health plans provide complementary coverage for many health related expenses, there are common, necessary medical services that are not fully covered.
The healthcare guides are organized by province and contain practical, informative and easily accessible information with links to other authoritative websites for more detail.
The provincial healthcare funding guides are found at: www.sunlife.ca/whopaysforhealthcare.