Canada Health Insurance

How do you go about choosing a family health insurance plan? First, you must assess you and your family’s health care needs and your budget in order to decide what type of plan suits you best. Obviously, a family health insurance plan is more expensive than an individual plan because there are more people to be covered. However, the cost for a child is less than the cost for an adult. Moreover, the parents can be covered as a couple which is also less expensive than individual coverage. So the monthly fees are less per person for a family than for the individual coverage of one adult.

When being quoted a price for your family health insurance, age and gender are the biggest factors. It is best to prepare a sheet with the name, sex, birth date, age, and provincial health card number for each family member. Also, to help decide on a type of plan it is also recommended to note which family members wear glasses.

See an example of extended health care coverage.

Looking at the long-term financial stability of your family could prevent potential tough times. Consider long-term savings, life insurance and supplemental health insurance to ensure your families financial stability.