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Medicare (French: assurance-maladie) is an unofficial designation used to refer to the publicly funded single-payer healthcare system of Canada. Canada's health care system consists of 13 provincial and territorial health insurance plans, which provide universal healthcare coverage to Canadian citizens, permanent residents, and depending on the province or territory, certain temporary residents.
For example, Canadian health insurance plans do not cover non-therapeutic circumcision. [55] These can be paid out-of-pocket or through private insurers. Basic health coverage is not affected by loss or change of jobs, cannot be denied due to unpaid premiums, and is not subject to lifetime limits or exclusions for pre-existing conditions.
This is a list of Canadian insurance companies. The top insurance providers in Canada are Manulife, Canada Life (subsidiary of Great-West Lifeco), Sun Life Financial, Desjardins, and IA Financial Group (aka Industrial Alliance). [1] [2] Smaller insurers include those operating as subsidiaries of banks, such as CIBC Insurance and TD Insurance. [2]
As of April 2005, Health Insurance BC is the new name for administrative operations of the Medical Services Plan (MSP) and PharmaCare, including Fair PharmaCare. On 16 September 2016, Michael de Jong , Minister of Finance for British Columbia announced that the government will spend $500 million on housing affordability , while also canceling ...
In addition, price negotiations by Canadian health insurers are based on evaluations of the clinical effectiveness of prescription drugs, [100] allowing the relative prices of therapeutically similar drugs to be considered in context. The Canadian Patented Medicine Prices Review Board also has the authority to set a fair and reasonable price on ...
The Canada Health Act (CHA; French: Loi canadienne sur la santé), [1] adopted in 1984, is the federal legislation in Canada for publicly-funded health insurance, commonly called "medicare", and sets out the primary objective of Canadian healthcare policy.
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