If you are an international student in Canada, you may be eligible for coverage under the public health insurance plan in the province or territory where you are studying. In most cases, you must apply for health insurance coverage as soon as you arrive in Canada. The insurance cost will depend on the province or territory where you are studying and the length of your stay in Canada.
Some provinces and territories may require you to pay a deductible or co-pay for certain medical services. It is essential to check with the government of the province or territory where you will be studying to learn more about the health insurance options available.
|Company||Acquired by / Merged into||Year Acquired||Notes|
|Aetna Canada Assurance||Maritime Life||1999|
|Canada Life Assurance Company||Great-West Lifeco.||2003|
|Clarica Life Assurance (formerly Mutual Life Assurance Co.)||Sun Life Financial||2002|
|Commercial Union Life Assurance||Manulife||2001|
|Confederation Life Assurance Co.||Manulife and Maritime Life||1995 (receivership)||Purchase of its Canadian business units|
|Crown Life Assurance Co.||Canada Life Assurance||1998|
|Dominion of Canada General Insurance Co. (aka The Dominion)||The Travelers Companies||2013||Acquired by The Travelers Companies in November 2013 and became part of its subsidiary, Travelers Canada|
|Hartford Steam Boiler Inspection and Insurance Company||Munich Re|
|Imperial Life||Desjardins Group||1994|
|La Capitale||Beneva||Merged with SSQ Insurance to create Beneva.|
|Laurentian Life||Imperial Life||1993|
|Liberty Health||Maritime Life||2003|
|London Life Insurance Company||Great-West Lifeco.||1997|
|Maritime Life||Manulife||2004||Manulife purchased them as part of the John Hancock Insurance acquisition.|
|Metropolitan Life||Mutual Life||1998||Canadian operations purchased by Mutual Life (which later became Clarica Life Assurance)|
Why should I take out healthcare insurance in
Taking out health insurance can give you access to medical care when needed. This can be especially important if you have a chronic medical condition requiring regular treatment or are at an increased risk of developing certain medical conditions.
Health insurance can help you pay for medical care, which can be very expensive without insurance. In some cases, having health insurance can also help you to avoid paying out-of-pocket for medical expenses, which can be financially detrimental. Health insurance can provide peace of mind and financial protection if you need medical care.
How much does healthcare cost in Canada for international students?
The cost of health care for international students in Canada will vary depending on the province or territory where you are studying. In most cases, international students will be eligible for coverage under the public health insurance plan in the area or environment they seek.
The cost of this coverage will depend on the length of your stay in Canada and may require you to pay a deductible or co-pay for certain medical services. It is essential to check with the government of the province or territory where you will be studying to learn more about the cost of health insurance for international students.
How does health insurance work in Canada?
The government primarily provides health insurance through a public health insurance plan in Canada. This plan covers medically necessary hospital and physician services for eligible residents of each province or territory. To qualify for coverage under the public health insurance plan, you must be a Canadian citizen, permanent resident, or temporary resident, meeting specific criteria.
The specific details of the plan, including which services are covered and any cost-sharing requirements, will vary depending on the province or territory where you live.
How can I find the right insurance plan?
Finding the right insurance plan can be challenging, as there are many different types of insurance and many factors to consider. Some critical steps to finding the right insurance plan for you include:
- Determine your needs: Assessing your needs and priorities is essential before looking for an insurance plan. Consider what types of coverage you need, how much you are willing to pay for premiums, and what level of deductible and co-payments you are comfortable with.
- Research your options: Once you understand your needs well, research the available insurance options. This may involve looking at different plans offered by insurance companies, comparing prices and coverage levels, and reading reviews and ratings from other consumers.
- Consider your budget: When choosing an insurance plan, it’s essential to consider your budget and financial situation. Ensure your preferred method is affordable, and you can comfortably make the required premium payments.
- Ask for help: If you have trouble understanding the different insurance options or finding a plan that meets your needs, don’t hesitate to ask for help. You can talk to friends and family members who have insurance, consult an insurance agent or broker or contact your provincial or territorial government for more information.
The key to finding the right insurance plan is to take your time, research, and consider all your options before deciding.
How do international students get healthcare in Canada?
International students in Canada may be eligible for coverage under the public health insurance plan in the province or territory where they are studying. To qualify for coverage, international students must apply for health insurance in Canada. The insurance cost will depend on the province or territory where they are studying and the length of their stay in Canada.
Some provinces and territories may require international students to pay a deductible or co-pay for certain medical services. Internessentialtudents need to check with the government of the province or territory where they will be studying to learn more about the health insurance options available to them.