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...
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...
October 21, 2022 | Employee Benefits
What is Cost Plus? Group benefit plans, also called group insurance or employee benefits, offer company employees coverage for various healthcare costs. These benefit plans commonly cover dental and prescription drug costs, and they may also cover costs resulting from...
February 4, 2022 | Employee Benefits
What Every Small Business Owner Needs to Know The current labour market has shifted and is now in favour of the employee. Coming out of the pandemic, there are more jobs available than there are people willing to fill them. What does this mean to the average small...
February 26, 2021 | Employee Benefits, Guaranteed Issue, Individual and Family Health Insurance
Unfortunately many Canadians have now found themselves without employee benefits due to job loss as a result of the COVID-19 pandemic. Not having health insurance coverage can be a source of worry for many of these unemployed Canadians. The good news is that there are...
