Advisor’s Edge – U.S. Healthcare Options for Canadians

by Oct 15, 2019Article, Health Coverage & Insurance, News

We are pleased to announce that Jonah Ravel has recently contributed an article for Advisor’s Edge, which was published on August 9, 2019. His article titled “U.S. Healthcare Options for Canadians” serves as an in-depth introduction into the private healthcare system in the U.S. The article also further explores U.S. healthcare solutons for Snowbirds and Canadians moving to the U.S.

To read the article you can see it in part below, or click here to view it on the website.


U.S. Healthcare Options for Canadians

Jonah Ravel
Advisor’s Edge
August 9, 2019

When you bring up the topic of U.S. healthcare to Canadians, confusion typically reigns. As Canadians, we’re used to our universal public system, so it can feel daunting to understand the private healthcare system in the U.S.

This is especially true for two groups: Canadian-resident snowbirds and Canadians who are thinking of moving to the U.S. full time.

The good news is Canadians needn’t be fearful of U.S. healthcare. While the American system is more complicated, clients and their advisors can rest assured that there are clear, viable health coverage solutions for snowbirds and for Canadians moving to the U.S.


Major concerns for snowbirds include retaining Canadian health insurance while spending a significant amount of time in the U.S. each year, and accessing adequate healthcare coverage in the U.S.

With careful planning, however, snowbirds can benefit from having coverage in both countries.

Maintaining Canadian healthcare coverage

To retain their Canadian provincial healthcare, snowbirds must carefully monitor their absences from Canada. In Ontario, for example, maintaining OHIP coverage requires physical presence in the province for at least 153 days in any rolling 12-month period. In Quebec, to maintain RAMQ coverage, at least 183 days of physical presence in the province is required per calendar year (though absences of 21 days or fewer don’t count).

Obtaining adequate healthcare coverage in the U.S.

The solution to health insurance in the U.S. for snowbirds is to purchase a robust travel insurance policy that will cover them throughout their stay. This is necessary since Canadian provincial healthcare provides very little coverage outside Canada.

Depending on the traveller’s age, the average cost of a travel insurance policy for a snowbird spending half the year in the U.S. ranges from roughly $1,000 to $2,500 per person. Compare this to the unpredictable and potentially financially devastating cost of a U.S. hospital stay without insurance, which could run into the tens or even hundreds of thousands of dollars depending on the type of medical emergency. […]

Jonah Ravel

Jonah Ravel

Cross Border Financial Planner

MCA Cross Border Advisors, Inc. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.>