Personal Health Insurance

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Personal Health Insurance

Health insurance can be a wonderful workplace incentive, but the unfortunate truth is that not all employers offer benefits packages. Additionally, people who are self-employed, retired contracted, or part-time may find themselves in the position of having to arrange Personal Health Insurance for themselves.  

Some may find this prospect daunting.  

Having to work individual health insurance into your monthly budget may not be on the top of your list of things to do but think of it this way: one small monthly fee takes care of what could potentially be an enormous expense down the road. Not only that, but it covers mental health care as well – something that you may not have considered before.  

What is Personal Health Insurance?

British Columbians enjoy the use of the provincial Medical Services Plan (MSP), which covers basic medical costs like doctor visits and hospital ward accommodations. The point of a Personal Health Insurance Plan is to take over where the Medical Services Plan leaves off, covering services and expenses that aren’t eligible for the Medical Services Plan.  

These services and expenses can include: 

  • Prescription medication 
  • Prescribed over-the-counter medication 
  • Dental services, including basic care, preventive measures, and major repairs. 
  • Paramedical services, including chiropractors, registered massage therapists, physiotherapists, and so on. 
  • Vision care 
  • Out-of-province medical care 
  • Access to private and semi-private hospital rooms, if available 
  • Ambulance transportation  

The beauty of personal health insurance is that there is really no such thing as redundancy. If you have an employer who offers a comprehensive Group Benefits plan that includes Health Insurance, you can still opt to purchase Personal Health Insurance to supplement it. This way, if the insurance offered through your workplace covers 80% of your costs, you can then use your own insurance policy to cover the remaining 20%. 

Who is Covered Under My Personal Health Insurance Plan?

A Personal Health Insurance plan typically covers the individual whose name appears on the policy. That said, spouses and children under the age of 19 may be eligible for coverage if the terms of your policy are arranged that way. Additionally, if you have children over the age of 19 who are considered disabled or who are still in school, they may be eligible for coverage as well. 

Why Choose Us for Your Personal Health Insurance Needs?

Lifetime Benefits not only offers extensive and budget-friendly Personal Health Insurance plans, but we also work to make the process of applying and claiming easy and stress-free. Applying for Personal Health Insurance doesn’t have to be a chore or even a challenge. Finding a plan that suits your needs and budget can be as easy as picking up the phone 

You can also quote and purchase personal health insurance directly by clicking here.

Receive a quote and apply for personal health insurance by following the link:

Personal Health Insurance Frequently Asked Questions

Yes, some plans cover all pre-existing conditions and require no medical evidence but have limited benefits. Others will allow you on the plan but will not cover your existing treatments or prescriptions.

In some cases you can keep the exact plan you have now, but in all other cases you are given the opportunity to purchase a personal plan without medical evidence made specifically for employees leaving their plan. You have 90 days to apply after leaving the plan. It does not need to be the plan that insurance company offers.

Personal insurance plans can range from $60 to $400 and can vary based on age, amount of benefits and number of members of the family.

Private health and dental plans can range from $60 to $400 and the price depends on age, amount of benefits and number of members of the family.

Yes you can, and should if you do not have any through work. Prices can range from $60 to $400 vary based on age, amount of benefits and number of members of the family.

No, its not required but you should to cover unexpected expenses such as dental care, prescriptions or physiotherapy.

Benefits are almost always better at work, require no medical qualifications (for good plans) and better value. However once you have a personal plan, you cannot get kicked off the plan, and you can carry the benefits indefinitely past retirement which a group plan does not. Although there are options at retirement, they are not as good.

Although Canada offers free health services such as your doctor or the hospital, you have to pay services like health practitioners or prescriptions.

In a perfect scenario, a combination of group insurance through work and a personal plan, which you can carry between jobs and past retirement.

They do, but the plans are very limited, include a lot of exceptions and limitations. There are better, less expensive plans out there especially for businesses.

You can contact the companies directly and do online research, although this is not very efficient and you will will have trouble getting answers. We recommend using a benefits broker who is familiar with all the programs and can set you up with the plan that best suits you.

Private health insurance is always worth it, even if you are healthy. It allows you to pay monthly and is there for large expenses such as dental or an expensive prescription drug.

Yes, once you leave the doctor’s office or hospital and seek treatment, you will find yourself out-of-pocket for practitioners or prescriptions. Also with dental costs rising, can you afford a large lump sum payment to pay for treatment?

Absolutely, once you leave the doctors office or hospital and seek treatment, you will most likely find yourself out-of-pocket for practitioners or prescriptions.

Yes, personal insurance plans can range from $60 to $400 and can vary based on age, amount of benefits and number of members of the family.

Not always, but it also acts as insurance. If you have to start taking a prescription you will have coverage. Once you get sick, personal plans do not usually cover pre-existing conditions and it will be too late. Business owners can also purchase them through their business and will also save on taxes.

Personal or private insurance held by a individual or self-employed business, and group health insurance which is sponsored by an employer and offer to employees.

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Personal Health Insurance ​