Initial Insurance
#1
Forum Regular
Thread Starter
Joined: May 2016
Location: Munich, Germany
Posts: 189
Initial Insurance
We are moving to NS next week. Three of us are PRs but my youngest daughter is not. We plan to sponsor her as soon as we arrive but understand that she will only be covered by the provincial healthcare once the application has been received (I assume once we get the AOR). As we could have a gap between arriving and getting an AOR, we want to get some Heath insurance for her. Any ideas as to which companies would offer this?
Thanks in advance
Thanks in advance
#3
dah diddly dah
Joined: Jan 2015
Location: White Rock BC
Posts: 155
Re: Initial Insurance
That is a very useful link, thank-you.
I note that prescription/medication costs do not appear to be covered by the MSP in BC and wonder whether anyone can give advice on how older people who have become PR's under a family sponsor scheme like PGP - meet such costs?
I note that prescription/medication costs do not appear to be covered by the MSP in BC and wonder whether anyone can give advice on how older people who have become PR's under a family sponsor scheme like PGP - meet such costs?
#4
Re: Initial Insurance
HTH.
#5
dah diddly dah
Joined: Jan 2015
Location: White Rock BC
Posts: 155
Re: Initial Insurance
That is helpful - as indeed is any advice at this stage. I've also just discovered Fair Pharmacare which indicates a family of two would have a deductible of $2000 after which Pharmacare pay 70% of prescription costs up to $2800 or thereabouts. Not sure what happen after that though!
#6
BE Forum Addict
Joined: Jul 2014
Posts: 1,232
Re: Initial Insurance
Have a look at https://www.coverme.com/health-insur...e=ON&agecode=0
I have no idea of costs involve but they are advertising often at present.
I have no idea of costs involve but they are advertising often at present.
#7
Banned
Joined: Apr 2009
Location: SW Ontario
Posts: 19,879
Re: Initial Insurance
If you mean parents/grandparents who were sponsored for PR then they would be expected to have some income from pensions or savings to cover the costs or if they had no income then the sponsors are required to pay.. sponsors of parents are responsible for all costs for a period of 20 years.
How long am I financially responsible for the family member or relative I sponsor?
#8
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Joined: Feb 2013
Location: BC, Canada
Posts: 3,874
Re: Initial Insurance
That is helpful - as indeed is any advice at this stage. I've also just discovered Fair Pharmacare which indicates a family of two would have a deductible of $2000 after which Pharmacare pay 70% of prescription costs up to $2800 or thereabouts. Not sure what happen after that though!
Note that Fair Pharmacare is based on your tax return for 2 years previous to the current year ............ so coverage for 2019 is based on the 2017 tax return. They use the Net Income from both spouses to calculate the level of coverage. The level of coverage decreases as the net income increases.
Pharmacare covers 100% of the prescription costs after the $2,800 limit is reached ................ that being for the upper net income level of around $79,000
If I read that correctly, then a newcomer would not be able to claim Fair Pharmacare until 2 years after filing their first full tax return.
Note there are lots of restrictions in what the programme will cover ............. including requiring that you have the lowest cost drug if there are differences between different manufacturers. That may force you to have a generic drug even if the generic drug is not as effective for you.
#9
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Joined: Feb 2013
Location: BC, Canada
Posts: 3,874
Re: Initial Insurance
We are moving to NS next week. Three of us are PRs but my youngest daughter is not. We plan to sponsor her as soon as we arrive but understand that she will only be covered by the provincial healthcare once the application has been received (I assume once we get the AOR). As we could have a gap between arriving and getting an AOR, we want to get some Heath insurance for her. Any ideas as to which companies would offer this?
Thanks in advance
Thanks in advance
Do you not also have to get short-term insurance for yourself and the other 2 to cover the period between your arrival and when the provincial medicare kicks in?
#10
Re: Initial Insurance
There's nothing compulsory about obtaining insurance, it's optional and depends on your attitude to risk.
#11
Banned
Joined: Apr 2009
Location: SW Ontario
Posts: 19,879
Re: Initial Insurance
It would only be a requirement if a parent/grandparent is here under a SuperVisa - where they wouldn't qualify for Provincial healthcare anyway.,, or if here on an IEC.
#12
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Joined: Feb 2013
Location: BC, Canada
Posts: 3,874
Re: Initial Insurance
Ah ........... OK. I just thought I'd read about people taking out health insurance to cover the period between arriving and when provincial health insurance kicked in, which I think is 3 months in BC and some other provinces.
If it isn't a requirement, is it a recommendation or suggestion that it might be a good idea?
If it isn't a requirement, is it a recommendation or suggestion that it might be a good idea?
#13
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Joined: Nov 2011
Location: Somewhere between Vancouver & St Johns
Posts: 19,849
Re: Initial Insurance
Ah ........... OK. I just thought I'd read about people taking out health insurance to cover the period between arriving and when provincial health insurance kicked in, which I think is 3 months in BC and some other provinces.
If it isn't a requirement, is it a recommendation or suggestion that it might be a good idea?
If it isn't a requirement, is it a recommendation or suggestion that it might be a good idea?
#14
Joined: Sep 2008
Posts: 12,830
Re: Initial Insurance
If an individual is sponsored by a family member, the sponsor could be on the hook for the cost if there is no insurance, or if the insurance is invalidated, undeclared pre existing conditions for example. Costs could be hundreds of thousands if the condition, or accident were serious. This was an enlightening read Canadian Hospital Rates Do not know how accurate or up to date it is.
When traveling, I carry $10m coverage, not worth taking a chance, you never know what or when something will happen.
When traveling, I carry $10m coverage, not worth taking a chance, you never know what or when something will happen.
#15
Forum Regular
Thread Starter
Joined: May 2016
Location: Munich, Germany
Posts: 189
Re: Initial Insurance
We didn't need any coverage as in NS you get immediate coverage as a PR. Our daughter was born since we did our soft landing so she isn't covered until we sponsor her, hence the need for insurance for her.