Category Archives: Employee Benefits

Buyer Beware: Choosing a Third Party Administrator for Benefits Plans

buyer beware: third party administrator for benefits plan
Posted on September 21st, 2017 by Robert Crowder

A Third Party Administrator (TPA) is an organization that manages employee group benefit plans on behalf of an employer. A TPA can provide more cost-effective and flexible group insurance administration for small and mid-sized businesses than larger traditional insurance carriers can – in some cases saving as much as 20% (…) [Read Full Article]

Comments Off on Buyer Beware: Choosing a Third Party Administrator for Benefits Plans

Common Benefits Advisor Problems: Plan Design – Don’t Be a Commodity [Case Studies]

Posted on May 25th, 2017 by Robert Crowder

Here’s a hard truth – your clients don’t owe you anything. The small group benefits industry is largely commodity-driven. Successful business owners (your clients) are concerned with getting value from their benefits plan so they can go back to focusing on their company’s success. For most off-the-shelf benefits solutions, “value” (…) [Read Full Article]

Comments Off on Common Benefits Advisor Problems: Plan Design – Don’t Be a Commodity [Case Studies]

Can I Offer Benefits for Employees over 70?

Can I Offer Benefits for Employees over 70?
Posted on March 14th, 2017 by Robert Crowder

People are increasingly working beyond the traditional “retirement age”. With employees staying on as they get older, many business owners aren’t sure about the rules for their benefits plans. In fact, since many traditional benefits plans terminate at age 70, most business owners believe that they cannot offer benefits for (…) [Read Full Article]

Posted in Employee Benefits

Comments Off on Can I Offer Benefits for Employees over 70?

Tell the Government You Don’t Want Your Health and Dental Plan Taxed!

Tell the Government You Don’t Want Your Health and Dental Plan Taxed!
Posted on January 30th, 2017 by Robert Crowder

The Federal Government is considering taxing health and dental benefits plans, which would increase taxes for employees. In many cases, this tax would result in small and mid-sized companies no longer offering benefits or significantly reducing benefits coverage. Millions of Canadians could lose access to affordable extended health, dental, and (…) [Read Full Article]

Posted in Employee Benefits

Comments Off on Tell the Government You Don’t Want Your Health and Dental Plan Taxed!

Sanofi Healthcare Survey Reveals Canadians Want More Flexible and Integrated Health Benefit Plans

sanofi-healthcare-survey-2016
Posted on December 14th, 2016 by Mike Ignatz

Canadian health benefit plans can do a lot more to keep up with employees’ changing needs and expectations, revealed this year’s Sanofi Canada Healthcare Survey. The annual survey asks 1,500 primary holders of group health benefits plans across the country to rate workplace supports for healthcare management. This year’s results (…) [Read Full Article]

Posted in Employee Benefits

Comments Off on Sanofi Healthcare Survey Reveals Canadians Want More Flexible and Integrated Health Benefit Plans

The Employer-Employee Relationship Is Changing. Is Your Benefits Plan?

The Employer-Employee Relationship Is Changing. Is Your Benefits Plan?
Posted on November 28th, 2016 by Robert Crowder

Gone are the days when employees would stay at one company for the entirety of their working career. According to Workopolis, frequent job changing is the new normal with 51% of people leaving any given role in two years or less. With this shift in employment habits, the employer-employee relationship (…) [Read Full Article]

Posted in Employee Benefits

Comments Off on The Employer-Employee Relationship Is Changing. Is Your Benefits Plan?

Do Employee Benefits Trump Higher Salaries for Millennials?

do perks really mean more to millennials than a higher salary
Posted on October 25th, 2016 by Mike Ignatz

Flexible hours, free lunches, and casual dress – do those perks really mean more to millennials than a higher salary? With millennials now making up the majority of Canada’s workforce, employers need to understand how to hire, retain, and engage them. Offering perks or employee benefits plans can help businesses (…) [Read Full Article]

Posted in Employee Benefits

Comments Off on Do Employee Benefits Trump Higher Salaries for Millennials?

Robert Crowder Encourages Small Business Benefits Advisors to Offer Healthcare Spending Accounts

Small Business Benefits Advisors to Offer Healthcare Spending Accounts
Posted on October 12th, 2016 by Mike Ignatz

A healthcare spending account (HCSA or HSA) is a great way for any business to customize their benefits plan to suit their compensation philosophy and business goals. It can complement a traditional core health and dental plan or it can be a standalone solution. It can be used to compensate (…) [Read Full Article]

Comments Off on Robert Crowder Encourages Small Business Benefits Advisors to Offer Healthcare Spending Accounts

Your Benefits Plan Has a Drug Problem – It’s Time for an Intervention.

Drug Plan
Posted on September 27th, 2016 by Robert Crowder

That’s right; your benefits plan has a drug problem. Specifically, there’s a storm brewing with expensive prescription drugs – and most employee benefits plans won’t be able to weather it without the right precautions in place. There’s no question about it, the cost impact of prescription drug plans is increasing (…) [Read Full Article]

Comments Off on Your Benefits Plan Has a Drug Problem – It’s Time for an Intervention.

How Does the Ontario Drug Benefit (ODB) Program Work with a Benefits Plan for Employees Over 65?

prescription medications benefits
Posted on September 15th, 2016 by Mike Ignatz

The Ontario Drug Benefit (ODB) program is a government program that helps certain individuals cover the cost of their prescription medications. The ODB includes over 4,400 prescription drugs, as well as some nutrition products and diabetic testing agents. Click here to access the Formulary database to search which drugs are (…) [Read Full Article]

Comments Off on How Does the Ontario Drug Benefit (ODB) Program Work with a Benefits Plan for Employees Over 65?
« Older Entries

Comments are closed.