It’s understood that the idea of buying immortality is far fetched. In today’s world it is, but for how long? Innovations in genetic engineering are racing to market at breakneck speeds and public welfare systems aren’t keeping up. I’m talking about public health insurance. We haven’t been adding public health benefits in Ontario for some time. This means that funding diagnostics, preventive medicine and chronic treatment is more and more up to you.
This is a FAQ on private health benefit plan in Ontario. The questions below will be answered;
- How are private health plans and health insurance priced?
- What’s the difference between individual and group health benefits?
- What is a health spending account?
- Are existing health conditions covered?
- What kind of health conditions do insurance companies exclude on health insurance?
- What is a pre-existing condition?
- What is a stability period? What does it mean for a health condition to be stable?
- What is the number one reason for a health benefits plan application to get declined?
- What’s the difference between “fully underwritten” and “guaranteed acceptance”?
- Do health benefit plans have commitment periods and cancellation fees?
- What kind of health coverage should I get if I don’t have OHIP?
- What kind of travel insurance do I need if I have lost OHIP coverage?
- Why do plans have waiting periods?
- How do I get the best vision care?
- Why do individual dental plans have annually increasing coverage limits?