Insurance plans FAQs

Why do I need additional insurance on top of the government plan?

Some people consider entering retirement without purchasing additional medical insurance. This is a risk — unexpected events can be costly. Here’s an example of additional expenses that aren’t generally covered by government plans:

  • Many common prescription drugs used by seniors – government programs cover only about half of all prescription medications
  • paramedical practitioners like registered massage therapists, chiropractors, naturopaths, dieticians, social workers, psychologists and more
  • mobility aids like walkers and wheelchairs
  • eyeglasses and contact lenses, laser eye surgery
  • dental services
  • travel benefits