Health & Dental Insurance is important as it helps provide financial coverage for healthcare services and medical needs that you may require, such as prescription drugs and dental care. Insurance coverage helps individuals manage medical and dental care costs, reduces out-of-pocket expenses, and ensures timely access to healthcare professionals and treatments. It provides a safety net in case of unexpected medical expenses or dental emergencies, allowing individuals to prioritize their health and well-being without worrying about excessive costs.

In Canada, the federal government provides a universal healthcare system known as Medicare, which is administered separately by each provincial and territorial government. Under this system, provincial and territorial governments cover medically necessary hospital and medical services for Canadian citizens, permanent residents, and select temporary residents. There are a few things to note for government health insurance plans:  

• Dental coverage is very limited, and it’s generally reserved for specific populations such as children, low-income individuals and seniors (might differ depending on the province); it usually doesn’t cover routine dental care, such as check-ups, cleanings and fillings.
• Many common healthcare expenses like prescription drugs, glasses or contact lenses, hearing aids, registered specialists or therapists and home care may not be fully covered.

Policyholders may be required to pay a portion of the expenses for the covered services. This can take the form of either co-payments (a fixed amount per service) or co-insurance (a percentage of the total cost).