Travel Insurance Canada – Canadians Traveling Within Their Own Country

With the economy in the rough shape it is in nowadays, it can be relatively expensive for Canadians to take a trip to their favorite state in the U.S and even more costly to fly oversees for a getaway in Europe, Asia or to other overseas destinations. Canadian citizens should think about planning a trip to another province or territory because Canada has so much to offer in terms of great vacation areas.

Why Travel Within Canada?

The Canadian government encourages tourism, whether it be for fellow Canadians, Americans, Europeans, etc. There are many appealing areas to visit in Canada that can realize your needs for an exciting relaxing or culturally interesting vacation. Every province in Canada has something to offer and it is recommended that every Canadian try and visit as many as possible, even if it takes multiple trips! Whether you want to go whale watching in British Columbia, see the awe-inspiring Rocky Mountains in Alberta, lie on the beautiful sandy beaches in New Brunswick, take in the stunning shoreline scenery of Nova Scotia, hike on many of the fantastic trails in Ontario, or see the gorgeous icebergs in Newfoundland, there is always something enjoyable to do in every province and territory.

When is the Best Time to Travel

Obviously, anyone can travel to other areas in Canada at any time of the year. However, the weather will determine whether or not you will be able to partake in certain activities. Traveling in the summer is usually the more common time to travel if you are looking to hike, sightsee, and do many other outdoor activities. Canadian winters in most places are usually cold and come with plenty of snow. When winter arrives, cities such as Toronto, Quebec City, Montreal and Winnipeg host big winter carnivals and are the popular areas to go if you are planning on skiing, snowboarding, snowshoeing or doing other winter activities. In the end, the best time to travel depends on what activities you enjoy the most.

How Should I Travel

If traveling by air, many airlines such as Air Canada, Quantas, and Northwest offer significant discounts and deals if you book your flight well in advance. Talking to a travel agent is recommended, as he or she should be able to give you advice and answer all the questions you may have regarding your trip. You can also talk to friends and family who have traveled throughout Canada to see how they traveled, what they enjoyed the most and how much it cost them. If you are not traveling by air, you have many other options. Traveling by train, bus, or car are the other most common ways to travel. Via Rail and Greyhound are the most popular ways to travel by train and bus as they may offer various package deals and discounts. For more information, you can check the website of the company or talk to a travel agent. Keep in mind that traveling by bus or car is a good way to see all of the many sights that Canada has to offer. Other popular trips include travelling by bike, motorbike or motor home, which allow even more time to visit the small towns and campgrounds along the way.

Canadian Travel Insurance and Other NecessitiesBefore taking a trip to another province or territory, you should take care of a few things. Canadian travel insurance is important to have if you are leaving your home province. Travel insurance in Canada is crucial because if you become ill or have an accident outside of your home province, your provincial health plan may not cover all of the medical bills. Additional travel insurance can cover unexpected expenses such as if you require immediate medical attention, if your possessions get stolen or damaged, if you experience a flight or travel accident, etc. Without Canadian travel insurance, you may be required to pay unforeseen medical expenses and you would not have coverage for lost, stolen or damaged luggage, flight delays or cancellations. Anyone planning a trip outside of his or her home province or territory should obtain travel insurance so that they are covered anywhere and everywhere they travel.

You are also advised to have your passport and birth certificate with you in your travels. If you have a family, make sure they have all of the proper identification and information as well. Other than that, doing the proper research and properly planning out your trip well in advance will go a long way to ensuring a successful journey.

For CEOs Considering Consumer Driven Health Plans to Reduce Cost, A “Well Better” Permanent Solution

Consumer Driven Group Health Plans (CDHPs): How and Why They Miss the Target
by Michael Chapman

The rising expense of group health insurance is a big issue for most small businesses businesses (businesses with 500 or fewer employees. Companies of this size represent 95% of all businesses in the US.) The percent of small businesses offering group health insurance plans has fallen steadily. Today half of small businesses offer group health insurance plan for their employees, down from 70% a decade ago.

The only effective way that a company can reduce the cost of group medical insurance is if their employees have fewer medical insurance claims. This can lead to a reduction in the overall increase in the cost of group health insurance for the company the following year, when the company signs a contract at new rates for the next year. While there may not be a cost reduction, fewer claims should mean a lower than normal premium increase.

“Consumer driven group health plans” are plans that pass on more cost to the employees in the form of higher deductibles and higher or no prescription or doctor visit co-pays, and “incentives” to reward employees for reducing their medical insurance claims. These incentives include monetary and tax incentives approved by the IRS that reward the employee for controlling the cost of their medical claims.

The idea is that if more of the health care costs are shifted to the employee, and if the employee makes fewer medical claims, they are rewarded with tax-favored savings. The thinking is that if the employee is a “good consumer,” they will find ways to keep more of their tax-favored savings that they can use in future years rather than use it for health care.

Consumer driven group health plans couple a high deductible health plan with one or more of the following types of IRS approved programs: Health Savings Accounts (HSAs), Health Reimbursement Arrangements (HRAs), and Medical Expense Reimbursement Plans (MERPS).

Companies that select consumer driven group health plans (CDHPs) generally see a significant, but moderate and often short term, reduction in the inflationary increases in group medical insurance expenses. However, we now believe that CDHP advocates are making the wrong argument, and are missing the point.

While CDHP advocates might be winning a lower rate increase for a year, they are losing the war on affordable health care and health insurance, and are only motivating the proponents of universal health care and nationalized health insurance to work harder to get their candidates elected in 2008.

We feel that consumer driven group health plans do not do enough to control the cost of group health insurance. Even if company receives a premium group health insurance premium increase of 7% instead of 15%, that is still a doubling in rates by the year 2015. Clearly, that is too much.

We feel that the basic premise of CDHPs is wrong. The challenge is not to make the employees pay more for group health insurance, and then reward them for shopping for less expensive health care and avoiding medical claims. CDHPs represent short-sighted thinking and bandaid fix for group health insurance.

We feel that the only way to achieve a fundamental change in the cost of employee group health insurance is to make employees accountable for maintaining healthy lifestyles. Fully 75% of all diseases in the US are preventable. Group health insurance plans that reward employees for preventing diseases represents could truly reduce health care expenses for employers and employees alike.

Employers should be able to hold their employees accountable for their own lifestyles. A group health insurance plan that rewards tobacco-free, obesity-free living, and rewards employees and dependents for maintaining an active, healthy lifestyle is the goal.

With this type of plan, employees could avoid or minimize the chance of their family’s suffering and the cost of diseases such as diabetes, diseases of the heart and circulatory system, stroke, and cancer-related diseases. Plus, employers would benefit from a true systemic reduction in medical insurance expenses, and reduce lost time productivity and wages due to sickness.

Employees who choose a healthy lifestyle would receive tax-favored incentives for losing weight for stopping use of tobacco, etc. Those incentives would effectively lower the cost of the employee’s out of pocket medical expenses to below what they would otherwise spend.

Those employees who choose not to live healthy lifestyles would not reap the rewards and incentives that the employer’s plan offers, and would pay more for their health care. Or they could choose to seek employment elsewhere with a company or organization that offers a group health insurance plan that does not reward healthy employees with lower cost health insurance and incentives for a healthy lifestyle.

This simple concept, for employers to reward employees who choose to live healthy lives with lower health care expenses, represents a major departure from the current CDHP movement. Forward-thinking CEOs can now have a major impact on permanently reducing the cost of group health insurance, can improve their company’s bottom line, and can play a major positive role in improving the lives of their employees and their families.

We will elaborate on this concept in future articles and will show employers how step by step how they can implement employee wellness as a key driver in their company’s employee benefits and human resources plan. Individuals interested are encouraged to contact for more information.

Make Your Car Buying Process Easy by Opting for No Down Payment Auto Loans

“Down Payment is Compulsory” – Doesn’t Make Sense at all

When one purchases a car with an auto loan, it’s very clear that he doesn’t have ready cash. So, it is almost impossible that he can manage a down payment. Asking the buyer for down payment defeats the very purpose of auto financing programs. So, don’t worry if you cannot make an initial upfront payment. This article will help you in attaining no down payment auto loans at attractive rates.

No Down Payment Auto Financing – Plain Business Sense

Don’t be under the impression that lenders and dealers are doing any favor by giving up on money down. It is difficult for most car buyers to make a down payment. And, when majority faces the same problem, it is difficult to ignore it. So, lenders easily offer no money down auto loans.

So, don’t accept any car loan quote that you consider wrong for you. There are many options in America and you will surely get the BEST loan quote.

You can make use of the internet. For instance, you can search “no down payment auto loans Colorado” if you live in Colorado. You will get a list of trustworthy car financing companies that offer auto loans without down payment in your state.

Suggestions for Guaranteed Auto Loans without Down Payment

Here are few important suggestions to get no down payment auto financing. They will that you get low rates and instant approval.

Boost your Credit Score

No matter if you have bad credit or poor credit history; it is essential that you take some steps to enhance it. This will put you in a better position because the lender will realize that you are working towards increasing your credit score. Also, he will have increased trust in your financial capacity.

Lower Your Debts

When you don’t make a down payment for buying a car, the lender’s risk increases manifolds. That’s why; he won’t offer auto loans to someone with a high debt-to-income ratio. So, pay off older debts and improve DTI ratio.

Select an Affordable Car

Sit down and make a budget before filling the no down payment auto loan application form. If you choose a car by taking into consideration your financial condition, you will be able to make regular payments without any problem. Also, an affordable car means the total auto loan amount will be on the lower side. And, when you have a lower amount, lender/auto financing company will easily approve it.

Trade-ins are Good

Use your older car as trade-in and reduce the loan amount of your new car. Down payment in kind is very effective in getting guaranteed approval.

A Co-Signer is Beneficial

When you have a co-signer, the lender is confident of regular payments. So, look for someone with a good credit score to co-sign your car loan contract.

All these suggestions may not be possible for you to fulfill. But, make sure that you follow most of them because they will ensure you of guaranteed car financing program without down payment.

Here’s wishing you all the best for your car loan process.