When insurance carriers provide Employee Group Benefits to employers, a key element is in the word group. In order to provide affordable plans, insurers take advantage of economies of scale. […]
Group Conversion and Individual Benefit Plans Read More »
The Canadian Union of Postal Workers has begun rotating strikes. This can cause a disruption in mail service and delay payments for services, claims submission and payment. Why pay by electronic
Canada Post Strike – Switch to Electronic Funds Transfer (EFT) Now! Read More »
Enrolling new employees is often a simple process but can have complications. As a Plan Administrator, the goal is to ensure that new hires are enrolled in a timely and
Enrolling New Employees Read More »
Recently, we’ve been seeing a trend towards employees wanting to decline Long Term Disability (LTD) coverage when the plan is an employee-paid design. Current economic conditions, and rising insurance costs
Employee-Paid Long Term Disability Coverage Read More »
It seems that, drug costs and strategies for cost containment are dominant topics as a subject for an employee benefits newsletter. We recently published an update of an article, and
Drug Report: Biologics and Biosimilars Read More »
Awareness of mental health issues has increased significantly over the past few years. The effects of trauma on military personnel and first responders such as police have been in the
Mental Health in the Workplace Read More »
Recent changes to Ontario’s minimum wage may have an effect on the coverage amounts provided to plan members under group benefit programs and the premiums that are due to the
Impact of Minimum Wage on Employee Benefit Plans Read More »
What is OHIP+? On January 1, 2018, Ontario Health Insurance Plan+ (OHIP+) begins. More that 4,400 eligible prescription drug products will be covered by OHIP+ at no cost for children
Ontario Health Insurance Plan Plus or OHIP+ Read More »
The pharmaceutical industry has made significant strides in developing specialty drugs to combat numerous disease states more effectively than ever before. Many of the drugs that have been developed over
A new employee benefits plan brings new opportunities. A new plan can improve employee compensation, as well as an employer’s standing as an employer of choice. A plan change can
New Plan Enrolment Read More »
Here we are nearly half way through 2017 and it is about time that we did another retrospective and projection article. While the focus of the benefits industry has definitely
Group Benefits Trends in 2017 Read More »
Employee benefit plans are all designed with internal limitations and maximums which are intended to maintain affordability and to prevent abuse. Most of these limitations and maximums are up front
Usual and Customary Fees Read More »
