What You Need to Know about Health Care in Canada

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Health care in Canada is covered primarily through a publicly funded system set up in 1984 under the Canada Health Act. The Canada Health Act is federal act which set out the uniform minimum standards for health care across provincial and territorial health insurance programs. If provincial and territorial health insurance programs do not met these standards, then they are ineligible for federal transfer payments under the Canada Health Transfer, effectively defunding them.

As a result of the HSA, patients pay no deductibles on basic health care, rather the system is funded primarily though income taxes. Co pays are also extremely low. Doctors are repaid for treating patients by the government directly. Preventive care, early detection, and yearly checkups are heavily encouraged in Canada. These practi Continue reading

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Sarah ToddSarah Todd, an investment banker, is a reporter and researcher for one of London’s leading media outlets. Formerly a trader and market maker at FTSE, she turned to media during the global recession. This website features some of her best and favourite articles, from all parts of the business world. Please let her guide you and your enterprise along the path to prosperity.