May 9, 2025 | Employee Benefits, Group Insurance
The cost of providing comprehensive benefits continues to rise. Managing group benefits effectively is critical for employers in Canada. The need to find balance between offering appealing group insurance to employees and maintaining financial sustainability is not...
March 21, 2025 | Canada Insurance, Employee Benefits, Group Insurance
In Canada, Health Care Spending Accounts (HCSAs) have become a popular benefit offered by many employers. These accounts offer employees a flexible, tax-efficient way to manage health-related expenses such as dental, prescription drug and paramedical costs....
December 6, 2024 | Employee Benefits, Individual and Family Health Insurance
Personal Health Expenses In many cases health plan related expenses can be declared as tax deductible expenses when filing taxes. This is true for both individual plans and employee benefit plans. According to the Canadian Revenue Agency (CRA), the premiums for a...
October 4, 2024 | Guaranteed Issue
Oftentimes graduating students have pre-existing medical conditions that will no longer be covered by their student health insurance. If a graduate is able to get employment and if their employer offers employee benefits then their medical conditions will be covered...
March 28, 2024 | Employee Benefits
How Getting a Group Benefits Plan Works A company that is looking for a benefits plan engages an advisor (e.g. a broker or agent) who then submits that company’s details to several insurance companies for a quote. (An experienced advisor will know which...