by Karen Taylor Smith | Aug 28, 2013 | Benefits Costs, Employee Benefits
Why are benefits costs going up so quickly? A recent article in Benefits Canada Magazine identifies a number of factors putting pressure on healthcare costs in Canada, with the net result that “between 2010 and 2011, benefits costs escalated by an average of 6.2%,...
by Mike Ignatz | Aug 16, 2013 | Employee Benefits
It’s hard to believe that our President, Rob Crowder, is celebrating his 25th year as a Licensed Life Agent on August 17th. Rob began his career with Great West Life and later became an independent Employee Benefits Advisor. In 1994, Rob founded The Benefits Trust as...
by Karen Taylor Smith | Aug 15, 2013 | Employee Benefits, Executive Benefits, Healthcare Spending Accounts
The Canada Revenue Agency (CRA) has replaced their former Interpretation Bulletins (IR) with Income Tax Folios. The former bulletin used by many providers (including The Benefits Trust) as a common reference for determining eligible and ineligible expenses for Health...
by Karen Taylor Smith | Aug 7, 2013 | Employee Benefits
If you have a child attending university or college full time, they can still be covered by your benefits plan as an “over-age dependent”. An over-age dependent is typically considered to be a child between the ages of 21-26 who still attends school full time at an...