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Sun Life Financial Inc
Symbol SLF
Shares Issued 577,167,477
Close 2024-10-03 C$ 78.09
Market Cap C$ 45,071,008,279
Recent Sedar Documents

Globe says Sun Life sees Liberals tweak dental coverage

2024-10-04 07:30 ET - In the News

The Globe and Mail reports in its Friday edition that when the Canadian Dental Care Plan debuted in May, Maneesh Jain -- a Guelph, Ont., dentist and president of the Ontario Dental Association -- refused to sign up. The Globe's Chris Hannay writes that in order to see patients who would be covered under the new program, dentists such as Dr. Jain had to sign a contract that included clauses allowing plan administrative staff to conduct audits of dental offices' books. "No other insurance company has ever required us to do that," Dr. Jain said. He was not alone in pushing back, so Ottawa listened and changed tack. In July, Health Minister Mark Holland announced that dentists would no longer have to sign a contract and could just submit claims to the public insurance plan as they do with private ones. It is part of an evolution of the program, which continues to go through changes, with more coming in November and into next year. Ottawa is slowly expanding access to more Canadians, but in doing so must win over the health professionals who are providing the care. The plan is means-tested and only available to families making less than $90,000 a year. Sun Life has a six-year, $747-million contract to administer the plan.

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