This is indeed a pretty sweet deal. In the US anything outside of teeth cleaning might result in personal bankruptcy, depending on employment situation.
Yup. In Canada, hard-core health care is quick, cheap and amazingly efficient. Any thing that can seriously screw with you is covered 100%. People with a cancer diagnosis get started on treatment within days. Pregnancies are smooth and straightforward, even more so if there are complications. Trauma is just the same as an American hospital.
The Canadian system slips a little when it comes to non life threatening issues that could be considered "quality of life" concerns. Knee and hip surgeries, elective procedures, chronic conditions, non serious specialist procedures (dependent on field)
There is a movement here to expand private health care into these areas. Personally, I support such a move but in Canada we have a group as pig headed about "no private health care" as you do about "no public health care" which makes things a little difficult.
chemotherapy - Ditto
spinal surgery - Ditto
Your $1000 is getting you a nicer room, name brand meds, etc etc.
teeth cleaning - This would be offered under Dental Coverage, which is completely private in Canada.