Financing is available for your treatment
Clearpoint Health has a number of options available to finance or pay for your chosen procedure. Our team is able to help you understand your options and assist where necessary.
Provincial Health Plan
Clearpoint Health provides many services that are funded through provincial health plans such as MSP, Alberta Health, Manitoba Health, and OHIP. These services are delivered as a result of contracts between the government and Clearpoint Health. Select patients will be directed to Clearpoint Health by local health authorities.
Clearpoint Health acts as a contractor for these procedures and cannot assist you to obtain government funding. To explore this option, you should speak with your family or referring physician.
3rd Party Request
Clearpoint Health is able to provide surgical procedures outside of the government funding programs when requested to do so by an independent 3rd party who has a vested interest in obtaining surgery to enhance the health of the patient. Some examples of qualified 3rd parties are:
Private Insurance companies such as Manulife, Canada Life, and Sun Life may be able and willing to provide financial support for their insured beneficiaries for specific procedures. This will depend on the details of your company or personal policy. In order to determine if this is an option, we recommend you discuss it with your Benefits coordinator. Clearpoint Health can provide you with the cost of the procedures if needed, but please be aware that Clearpoint Health is not involved in the decision to provide financial support or not.
Many large companies may choose to provide financial support for elective surgical procedures if they feel it is the best interest of the company to expedite surgery and get the employee back to work as soon as possible. This financial support may be provided directly, or may be provided through their Benefits provider.
Identical to larger Public Corporations, it is possible for smaller and privately held corporations to provide financial support for their employees to proceed with elective surgery. This is allowed if it’s in the financial interest of the corporation to have the employee return to work as soon as possible. Please note that the request for surgery must come directly from the corporation and the funding for the surgery must be provided by the corporation. The cost of the surgery may be a taxable benefit to the employee. If you think this may apply to your situation, please speak with the Clearpoint Support Centre for more information.
As above, the Workers Compensation Board (WSIB in Ontario) acts as a 3rd party to request surgery at all of the Clearpoint Health’s facilities across Canada. Similar to government funded surgery, the decision about coverage and the request for surgical care comes directly from the WCB in your province. Clearpoint Health is not involved in the decision making process around these procedures.
Many of the procedures provided at Clearpoint Health are not considered insured services, and thus are not covered by the government health plan in your province. This applies generally to cosmetic surgery or procedures that have not been approved for public payment.
In addition, Canadians who aren’t able to access insured surgery in their home province in a timely fashion can travel to other provinces and pay for the procedure to be done in one of the Clearpoint Health facilities.
If you think this is something you might be interested in we suggest you discuss this with the Clearpoint Support Centre. Our staff can discuss the specific options as far as procedure and location that may be available, depending on your specific circumstance and preferences.
Many procedures qualify for a Medical Tax Credit on your Federal Income Tax submission. We suggest you discuss this with your accountant and financial advisors for the details.
In addition, some of the procedures may be eligible for a small reimbursement from the government program in your home province when you return. We suggest you speak with the Clearpoint Support Centre for more information.
Another option for self employed individuals is to set up a Registered Health Spending Account (RHSA) as a way to claim the cost of medical care as a business expense. We suggest you speak with the Clearpoint Support Centre and your accountant about this option.
If you choose to pay for your own surgery and you are interested in obtaining information about the option of financing the cost, please speak to the Clearpoint Health Advisor. Although Clearpoint does not provide in-house financing, we do work with some businesses (listed below) that have extensive experience and seamless processes to evaluate your request for financing support.
Choose one of our trusted financial services partners that specialize in financing medical procedures to get started today.
Please note that surgical and non-surgical fees will vary depending on the procedure you undergo. The fees are comprehensive and include: surgical fee; relevant costs; anesthesia; day surgery facility fee; prosthetic (as necessary); nursing fee; overnight facility fee (as necessary); and follow-up care.