Top 8 Health Insurance Companies with its Best Plans and Benefits

Health insurance in Canada is very robust and systematic. There are numerous health insurance companies, and almost every company has some unique features and benefits. So, without further ado, let us check out the top 8 health insurance companies along with its primary benefits.

Manulife

The first company on our list is Manulife. It has several products and mostly provides a mix and match health insurance. They offer a well-thought-out vision plan, which is one of the best in the industry. You can also rely on the coverage they provide for prescription drugs and dental services. Every insurance plan they offer comes with extended health care coverage. Moreover, if you avail their services, you can get hospital care and travel coverages as Add-ons. FollowMe is another ground-breaking health insurance offer that they provide, which has changed the dynamics of this industry. You can easily avail them as it is affordable and you get the coverage even after you move to another location.

Sunlife Financial

Sunlife Financial is another well-known medical insurance company. They offer extended health care insurance; whose main feature is it covers your entire family. However, in spite of having all the departments covered, they don’t provide dental health care in their extended plan. Therefore, you have to avail that service separately. That said, the insurance plan itself is pretty compelling and easy to claim as they are very co-operative.

GreatWest Life

GreatWest Life is a reputed brand in the medical insurance industry in Canada. They primarily focus on two insurance plans – Enhanced Healthcare and Plan Direct. First, we will discuss the Enhanced Healthcare plan, which is typically for individuals and families. This plan is further segregated into Core, Core Plus, and Core Elite packages, with each, has its coverage amount. Plan Direct, however, deals with retired individuals. Interestingly, they accept applicants with pre-existing medical conditions with no medical exam for this plan.

Read : Top 10 Insurance Companies in Canada

Ontario Blue Cross

Next in our list is Ontario Blue Cross, and as the name suggests, it is exclusive to the province of Ontario. They offer several insurance plans like Basic Blue Choice, Basic Plus, Blue Choice Balance, and Blue Choice. Most of these insurance plans come in a package, meaning you can’t customize your requirements. However, Blue Choice insurance plan is the only one where you can personalize your needs by yourself.

GMS Health Insurance

GMS Health Insurance understands the concept that people need various kinds of insurance plans. Therefore, they provide a lot of them. To start with, the Omni Plan, where it focuses on extended health care, which is naturally expensive. Next, the ExtendaPlan, where the focus shifted to more coverage in medical supplies and equipment. Apart from that, they do have a Basic Plan, where the approach is simple. Moreover, they do also have the Extra Coverage plan, which, as the name suggests, focuses on more coverage.

Read : Top 10 Travel Insurance Plans and the Companies that Provide them

Scotia Life Health and Dental Insurance

Scotia Life Health and Dental Insurance mostly deal with extended health care plans. You will not get a wide range of products with them. Instead, you will find several add-ons and personalize your insurance plan as per requirement. They follow some specific rules if you are over the age of 65. Additionally, they are also very strict about pre-existing conditions. However, when it comes to the overall experience, they deliver one of the best services, and they are very supportive when it comes to claiming.

State Farm

State Farm is an enigmatic medical insurance company who claim they offer various insurance plans. However, according to experts, there are not much changes in the insurance plans they offer. That said, the Alternative Care Coverage is a fantastic initiative that they currently offer, which focuses on the coverage, which seemingly a majority of people demand in Canada. However, it is expensive, yet people like it.

Read : Top 5 Life Insurance Companies in Canada and its Features

CAA

CAA is primarily an auto insurance company; but, in association with Manulife, they have managed to provide some fantastic health insurance plans. They offer a Basic Health Care Plan, and there are some advanced plans as well. What’s fascinating is that they provide complete freedom to choose a personalized medical insurance plan. What it means is you can personalize your medical insurance plan and pay for those which you want. You can choose from a wide range of add-on services they offer.

The conclusion

So, there you have it! The eight most successful medical insurance companies alongside its best plans and features. Now, there are some things that you should consider. First, every company that we have mentioned have customized its packages for their benefit, so you must choose something that you need, not what they offer. Secondly, the premiums do vary from one company to another. Lastly, please read all the terms and conditions carefully. Agree only when you understand.

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