Study highlights plights of private health insurance in Canada

Canada health critical illness insurance industry

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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