Author Topic: Canadians: Self insure medical upon retirement?  (Read 1570 times)


  • Bristles
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Canadians: Self insure medical upon retirement?
« on: April 26, 2014, 02:21:27 PM »
In Canada healthcare is free....well sort of.  It will cover anything major or any kind of hospital visit.  Stuff like dental, chiro, prescription drugs, optical, massage, etc are not covered.

Do most Canadian Mustachians plan to self insure for this stuff, or take out some kind of insurance plan?  We are healthy and at the moment take no medication.  Dental is super expensive here though (Alberta) and a routine cleaning/checkup/one cavity will run you about $700 (been meaning to find a new dentist).  I still am working now, so this is mostly all covered through our work plan.

I anticipate that when we are in FIRE that I will average $1500 per year in these costs (I wear contacts/glasses too).  Is it possible that an insurance plan would be better for me?  Obviously they don't insure out of the goodness of their heart so I doubt there is much upside if any with a plan.