Allstate expands critical illness insurance into Canadian employer market

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The insurer has now broadened the reach of this product to help employers to offer added benefits. Allstate Benefits, the top voluntary benefits provider in the United States, has now expanded into Canada to give employers a new way to offer critical illness insurance products and services to their employees. This coverage is meant to enhance the health care services that are already available to all Canadians. According to the Canadian Cancer Society, there will have been almost 197,000 new cases of cancer in the country by the end of…

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Canadian health insurance may not be as free as people believe

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Report shows that Canadians do not actually have free health care A new report from the Fraser Institute suggests that Canada’s supposedly free health care system is not as free as many people may believe. In Canada, many consumers are able to obtain free medical services, with the cost of these services being covered by taxpayers throughout the country. Many people still need health insurance coverage, as some medical procedures can become quite costly, but the cost of coverage combined with the cost of the country’s health care system may…

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Study highlights plights of private health insurance in Canada

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Canada’s private insurance sector may be in need of reform A new study from the Center for Health Services and Policy Research at the University of British Columbia suggests that private health insurance may be inadequate. The study shows that there is a significant gap between the premiums that consumers pay for coverage and the claims payouts that are issued by insurance companies. As such, major reforms may be in order for Canada’s insurance sector in order to make health care more beneficial for consumers. Study shows that there is…

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Health insurance improvements may reduce drug related deaths

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A new study conducted by American and Canadian researchers has provided new insight for the industry. The results of new research have just been released in Vancouver, indicating that health insurance could help to reduce the instance of deaths related to the use of opioid drugs. The reason that was found for this trend is that substitution treatment would be covered. Health insurance makes it possible for patients to be able to have coverage for methadone and other substitution treatments when they are struggling with addictions to these powerful medications.…

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New auto insurance modifications in Ontario impact coverage for rehabilitation

Drivers in Ontario, Canada, are discovering that due to changes in auto insurance, if their doctors prescribe rehab after a car accident, the associated costs may not be covered by their policies. The brain injury clinic director from St. Michael’s Hospital in Toronto, Dr. Donna Ouchterlony, explained that there have been a growing number of declined claims for treatment plans by insurance companies. She explained that this is having a very deep impact and that “They no longer have to have a doctor review [in order] to refuse [treatment].” She…

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Researchers find that U.S. insurers pay more for medical care than their counterparts in Canada

Health insurance rates are rising throughout the nation. Insurers are quick to justify these rate increases with the soaring costs of medical care and administration. While the nations insurance regulators are leery of these justifications, researchers at both Cornell University and the University of Toronto say that insurers claims may be accurate. According to a report released from the universities, health insurance administrative costs are almost four times higher in the U.S. than they are in Canada. The report finds that Doctors in the U.S. spend excessive amounts of money…

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