Health Care for the Self-Employed:
This is a big thing with Entrepreneurs in Canada. While we definitely don’t have the same health insurance challenges that American entrepreneurs do, in Canada you should probably consider some kind of health insurance option (in addition to your provincial health coverage) to save you money in the long term.
But isn’t health care free?! We’re in Canada!
While emergency health services and all drugs given to you in a hospital are free, several health services (depending on which province you live in) are not: prescription drugs, physiotherapy, optical/dental and even ambulance rides are not covered under most plans. Of course you can always do a lot to minimize your risk of health issues by getting regular exercise, enough sleep, and following a healthy diet. A lot of people find music very helpful in maintaining an exercise program, here is a list of great mp3 players.
Special Note About Provincial Health Coverage:
I need to mention on important thing about your province’s health coverage (the one that the government provides). When you are employed, your company will pay your monthly health premiums directly to the government for you.
That means when you leave your … Read the rest