You’ve probably heard of Best Doctors® – widely known for medical advisory services and second opinions.

Best Doctors® has been available to individuals and as an add-on for group benefit plans for several years.

My initial opinion of their services was lukewarm: “Brilliant idea, amazing affiliations, people truly need help navigating the healthcare system. BUT…with no money accompanying their advice, the best they can do is confirm or make a diagnosis and suggest a treatment plan. Too bad, so sad: you are sick, here’s how/where to get fixed, now go find the money.”

In the absence of a financial (insurance) component, unfunded advice doesn’t go very far when sick people need expensive medical treatments.

Best Doctors®  upped their game in Canada with the introduction of Best Doctors® Insurance Global Medical Care™ (GMC), a unique and comprehensive insurance product that combines expert medical advice AND money!

Coverage ranges from $500,000 to $5,000,000 with several deductible options available.

There’s no waiting period and no requirement for a doctor’s referral.

Underwritten by Lloyds of London, it provides up to $5 million of lifetime funding for the finest medical care ANYWHERE in the world, including private clinics in Canada.

Medical conditions covered range from hip and knee replacement to heart surgery and cancer treatments. Elective surgeries are covered too.

Best Doctors® Insurance Global Medical Care™ provides access and pays directly for the tests, procedures, scans, specialists, medications and surgeries that may not be available in Canada. It is not a reimbursement policy.

A healthcare ‘concierge’ schedules doctors’ appointments, arranges travel and lodging and makes life easier.

Premiums can be paid with a credit card (attention: points collectors) and you can use your Health Spending Account (HSA) to deduct the entire premium cost from income instead of paying with after-tax dollars.

This is a great product and a perfect complement to Critical Illness Insurance (CI).

CI pays you up to $2 million if you get sick and this Best Doctors® Insurance Global Medical Care™ product pays up to $5 million (lifetime) for medical treatments and helps patients navigate the system – a powerful combination indeed.

In my opinion, this is the best insurance product to come along in years…and it is available now for groups with a minimum of 5 lives, including employee spouses and dependent children.

I bought a policy myself.

No medical evidence is required for groups of 5 or more employees.

Please be in touch to get information about Best Doctors® Insurance Global Medical Care™ or for help with your estate planning and life insurance needs.

Read: Brochure