Health Insurance For Medical Expenses Alberta
Get clarity and guidance on your medical expense coverage and protect both your loved ones and your future.
Plan for the Unexpected Health Events
Health insurance for medical expenses is a financial agreement in which an insurer agrees to cover a portion of healthcare costs. This is done specifically in exchange for scheduled premium payments. These plans are designed to offer benefits for hospital admissions, surgical procedures, physician visits, diagnostic services, and prescription drugs. Select the right personal health insurance plan to support you the best during all medical challenges.
Helping more than a hundred thousand families, there’s no stopping the betterment
CanCare Life guides you through your Alberta medical expense coverage to ensure your costs are covered under your coverage.
Areas We Serve
Protecting Albertans Across the Province:
Health Insurance for medical expenses in Edmonton
Health Insurance for medical expenses in Calgary
Health Insurance for medical expenses in Red Deer
How do deductibles, co-pays, and coverage limits work for medical expenses in Alberta?
In Alberta, insurance coverage begins after you pay the out-of-pocket amount for deductibles. However, a fixed amount must be paid for co-pays for a covered service. The maximum the insurer will pay for certain services or within a policy year becomes your coverage limit.
Are premiums eligible for tax benefits in Alberta?
Yes, premiums are eligible for tax benefits in Alberta for health insurance medical expenses. On availing a certain insurance, you may qualify for tax deductions, reducing your taxable income. Therefore, it is advisable to always check with a tax advisor for specific eligibility.
Is there a waiting period before I can use the health insurance for medical expenses Alberta?
Premiums are regular payments made to the insurer to maintain coverage. They vary based on the plan, coverage level, and insurer, and help protect against unexpected medical expenses.
What happens if I miss a premium payment for my medical expense policy Alberta?
If you miss a payment for your medical expense policy Alberta, most insurers assist you in providing a grace period. This is commonly for 15–30 days to arrange and make the payment. Failure to do so may lead to policy lapse and loss of coverage.
Coverage Options
1
Pre and Post Hospitalization Expenses
Costs incurred for doctor visits before and after hospitalization procedures.
2
Prescription Drugs
Long-term payouts for medications prescribed by a licensed practitioner.
3
Critical Illness Coverage
Lump sum payout on critical illness diagnosis and accidental death/disability.
4
Maternity Coverage
Avail maternity expenses coverage before and after your newborn baby.
5
Prevention and Rehabilitation
Coverage for annual check-ups and screenings with rehabilitation support.
6
Virtual Care
Online doctor consultations, prescription renewals, and follow-up visits.