Is GMS Insurance Good? Canadians are lucky enough to have universal health care, but “universal” doesn’t always mean 100% comprehensive. While government health insurance makes many medical expenses cheaper or even free, it doesn’t cover everything. Canada’s universal health program covered about 64% of health care costs, while 15% was paid out of pocket, according to a report by the Effective Public Health Panacea Project (EPHPP). Other public sources and private insurance covered the remaining 21%.
Fortunately, that’s exactly why personal health insurance companies like GMS exist. Read this GMS review to find out if Is GMS Insurance Good and GMS Insurance is right for you.
Who is MSG?
Group Medical Services (GMS) is a not-for-profit company that has been providing personalized travel and health insurance services since its inception in Saskatchewan in 1949. In 2003, it officially expanded to the rest of Canada and today covers various medical expenses that some private or government insurers do not cover.
If you can’t get comprehensive health insurance through your company, employer, state or territory, GMS can be the perfect network to find the extra coverage and additional benefits you want.
Types of insurance offered by GMS
GMS offers basic to comprehensive coverage plans for all Canadians, all of which have specific dental and drug benefits. Currently, their main insurance plans are:
GMS offers several insurance options for health-related expenses, such as coverage for dental procedures, physical therapy, eye care, and prescription drugs. Coverage amounts vary depending on the type of treatment you need.
Whether you’re on vacation, studying, or working abroad, GMS TravelStar® insurance plans provide up to $5 million in coverage for emergency medical expenses and trip cancellation. It also includes $500,000 for medical expenses related to COVID-19.
immigrants and visitors
You can also take out health insurance with GMS if you are temporarily staying in Canada as a visitor or immigrant. Choose a deductible and coverage amount to get many of the same medical benefits as GMS TravelStar® insurance.
PROS – Is GMS Insurance Good
GMS has comprehensive plans for businesses that need employee health insurance. Smaller companies (3-10 employees) can get a ready-made group benefits plan, while larger companies (11+ employees) can get a custom plan.
Does GMS offer dental insurance?
Most state and territorial health programs do not provide dental coverage, but GMS does have insurance plans for individuals, families, and businesses, all of which offer different dental benefits. These plans cover routine expenses such as cleaning, exams, and polishing. It also includes more extensive procedures such as dentures, crowns, bridges, and emergencies.
If you’re looking for additional coverage, you can add a plan to your policy, which offers more and more coverage over time:
- Maximum combined discount = $500
- Coverage basic services = 75%
- No coverage for major services
- Maximum combined discount = $750
- Coverage basic services = 80%
- Major Services Coverage = 50%
- Maximum Combined Discount = $1,000
- Coverage basic services = 80%
- Major Services Coverage = 50%
Cost of GMS Insurance
Since GMS offers different types of insurance for people of all ages and lifestyles, your monthly or annual premium can vary widely based on your coverage needs and factors such as your age, gender, health and lifestyle.
To get a better idea of what we mean, here’s an example of how much you might pay starting with GMS Personal Health Insurance as a single Ontario resident, between the ages of 35 and 44, who doesn’t smoke.
Insurance Plan (Without Add-on)
- OmniPlan = $43.50 per month
- ExtendaPlan = $20.25 per month
- Basic Plan = $6.75 per month
If you are looking for group insurance, you can only get a premium quote by going to GMS Insurance’s website and completing the instructions on the “Group Plans” tab. Here you may need to enter various details such as your number of employees, your company name and other information related to your company.
Procedure to submit a claim to GMS?
Filing an insurance claim with GMS is also quite easy. All you need to do is access your online portal, sign up for a My GMS account (or login into your existing account) and submit a claim digitally. You can submit a claim by post, all you have to do is fill out your form and send it to:
2055 Albertstraat, Regina, SK S4P 0E3
Usually, the quickest and easiest way to file a claim with GMS is online, as most of the information has already been filled in for you. You can also use your My GMS account to view your claim history, confirm the status of your claims and set up an automatic deposit to your bank.
· How do I request a GMS health insurance quote?
- When you buy insurance, your annual or monthly premium may depend on several factors related to health and coverage, such as:
- Your age and gender
- Your province or territory
- Your chosen deductible
- The number of beneficiaries you want to include in your plan (individual, family, etc.)
- The optional/additional benefits you add to your policy
- Your health condition (i.e. if you smoke, use alcohol, etc.)
To get a free quote for your health insurance policy, simply go to GMS.ca, click on the “Get a quote” tab and fill in the required information. You can also work with one of their insurance brokers, visit their Regina headquarters or call their toll-free customer service center to request a quote.
FREQUENTLY ASKED QUESTIONS ABOUT Is GMS Insurance Good
Can I cancel my GMS health insurance?
Yes, you can cancel your health insurance by calling GMS customer service. Please note that there is a waiting period of 24 months if you decide to take out a new GMS insurance policy after cancelling your first one.
How do I contact GMS?
You can contact GMS in several ways. You can call them on their toll-free service line at 1-800-667-3699 or by emailing them at firstname.lastname@example.org. If you prefer to speak to someone in person, you can visit their headquarters in Regina, Saskatchewan.
Does GMS offer travel medical insurance?
Yes, GMS sells individual, family and student travel insurance (for quick trips and extended stays) with a variety of related coverages, including but not limited to:
- Cancellation of the trip
- Urgent medical/dental care
- COVID-19 expenses
- Ambulance and hospital care
- Virtual care for minor calamities
What does the GMS account offer?
GMS has its web portal called My GMS, which allows users to create accounts, access benefits, and submit insurance claims online.
Conclusion – Is GMS Insurance Good?
If you are looking for affordable and comprehensive insurance, Group Medical Services (GMS) may be the best provider for you. Visit the GMS website or contact their customer service today to learn more about the coverage plans, premiums and terms they offer. GMS can put you in touch with an experienced broker or create a tailor-made insurance plan for you.