Blue Cross Blue Shield – Health Insurance Plans in Canada
Blue Cross Blue Shield is an international health insurer, which also happens to be one of the largest insurers in the United States by assets. The company was founded in 1932 and is headquartered in Purchase, New York. The name comes from the “Blue Cross” logo, which is a reference to the company’s long-standing commitment to provide health coverage for all Americans. In fact, the Blue Cross is one of the oldest and most stable insurance firms in the world.
Blue Cross Blue Shield (BBB SH) provides a variety of health coverage services to its members and partners. These include medical insurance, managed care, disability income protection, vision insurance, dental insurance, hospital coverage, employer sponsored health plans, long term care, accidental death and dismemberment benefits, accidental death and loss of limbs, dental benefits, prescription drugs, disability, life, annuities, critical illness coverage, children’s coverage, mortgage insurance, senior citizen, group health, wellness programs, employer-based group health, employer-based group insurance, disability income protection, vision insurance, dental insurance, pharmacies, employer sponsored insurance, long term care, travel insurance, and overseas travel insurance. Some of the services that are optional for the Blue Cross Blue Shield health plans include extended family coverage, disability income protection, vision insurance, and travel insurance. As of the end of June 2021, the Blue Cross has contracted with the American Association for Retired Persons (AARP) to become part of their organization. In addition, BBB SH offers disability income protection to small businesses.
It is essential for Blue Cross Blue Shield health insurance plan members to understand the plans that they have available. Understanding these health insurance plans allows you to determine the maximum amount of money that you can save as well as knowing if you are getting the right type of health coverage. When it comes to choosing a Blue Cross health plan, you need to understand that there are several different plans that are available. They offer both short-term and long-term health plans along with a variety of different types of medical coverage.
For members who are 55 years old or less, there is the Short Term Medical Insurance Plan. This type of Blue Cross Blue Shield health plan has a maximum limit of one year that the member is covered. This does not allow the health plan member to ever have to be concerned about losing coverage. This type of Blue Cross Blue Shield health plans is perfect for members that need temporary medical care.
The next type of Blue Cross Blue Shield health plan is the Long-Term Care Health Plan. This type of plan is perfect for a member that has a chronic illness or condition that requires constant treatment. This plan requires that the Blue Cross member must meet a certain number of hours of work each week. Each week the member must meet with his or her doctor for pre-arranged checkups and treatment. If a member qualifies for Medicare, he or she will be able to choose this plan.
Blue Cross Blue Shield also offers some of the most affordable health plans in Canada. The member must meet a certain income requirement and the member will also be required to purchase private medical insurance which will cover major medical expenses. Blue Cross pays 80 cents for every $1 that the insured is eligible to receive.
The Blue Cross Blue Shield Health Discount Plan is ideal for those members who need assistance with their prescription drug costs. The Blue Cross health discount plan allows the member to be reimbursed for their prescription drug costs from the Canadian pharmacies. Each participating pharmacy in Canada will accept the Blue Cross Health Discount Plan.
Blue Cross Blue Shield health plan members are covered in any province across Canada. However, if the Blue Cross member lives in a territory that does not accept the Canadian plan, then the Blue Cross member can choose to use the pharmacy of their choice which will usually mean that they will be paying full-price for their prescription drugs. Most of the pharmacies that accept the plan allow the members to choose the pharmacies that they wish to use. In addition, there are some pharmacies that do not accept the plan and therefore will charge the Blue Cross member full price for their prescriptions. If a member should reside in an area that does not have a Blue Cross Health Discount plan available to them, they are encouraged to enroll in one of the other plans that are available in their area.