knowledge topics
Government Health Care Insurance
KNOWLEDGE EXPECTED OF: Both CFP® Professionals and QAFPTM Professionals
- Identify characteristics of government-provided health care insurance in Canada, such as:
- Publicly administered
- Comprehensive provision of medically necessary services
- Universally available to all residents (subject to waiting periods)
- Portability of coverage when out-of-province
- Accessible (free of discrimination)
- Identify services generally covered under government-provided health care insurance plans, such as:
- Medically required services (e.g. surgeries, doctor visits)
- Hospital accommodations
- Nursing services
- Diagnostic services (e.g. X-rays, blood tests)
- Drugs administered in a hospital
- Identify the maximum waiting period for a resident to be eligible for government-provided health care insurance.
- Identify how government health care insurance may provide benefits for residents who experience out-of-province health care related situations.
- Identify how government health care insurance in Canada is funded.
Glossary of Verbs (mouse over to see definition)
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Define
To state exactly the meaning of
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Identify
To be aware of / to recognize and correctly name / to locate an appropriate resource
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Explain
To make clear the meaning of / to describe something in more detail or reveal relevant facts or ideas related to it
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Compare
To note the similarities and differences between two or more things
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Estimate
To determine an approximate value for
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Calculate
To find the value using mathematics
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Convert
To change from one form or purpose to another
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Evaluate
To reach a conclusion or make a judgement through careful study
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Interpret
To give the meaning of / to construe or understand / to translate orally
Read more about the Taxonomy used in the FP-BoK
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