The Benefits Trust Blog

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

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]

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

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]

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Update on Canada Post Strike

Posted on August 25th, 2016 by Mike Ignatz

We would like to remind our clients and members that during the possible Canada Post strike, claim cheques will be held at The Benefits Trust office until regular mail services resume. As a result, claim cheques will not be mailed out after today, Thursday August 25, to ensure no cheques are caught in (…) [Read Full Article]

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Congratulations to Our 2016 Canada Day Photo Contest Winners!

Posted on July 22nd, 2016 by Mike Ignatz

Congratulations to Our 2016 Canada Day Photo Contest Winners! We love seeing all of the fantastic pictures of your Canada Day celebrations! It’s always nice to see how people are spending the day across our great nation. A big thank you to everyone who participated! It was difficult to choose (…) [Read Full Article]

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New Video: How to Read Your Monthly Financial Statement from The Benefits Trust

Posted on July 7th, 2016 by Mike Ignatz

The Benefits Trust financial statement is an important tool that provides a clear monthly snapshot of your benefit plan’s financial status. At The Benefits Trust, we are committed to providing service excellence, clarity, and transparency to all of our clients. Recently, we developed a reference video that is designed to (…) [Read Full Article]

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Win a Prize Pack in Our 2016 Canada Day Photo Contest (It’s Easy)!

Posted on June 24th, 2016 by Mike Ignatz

Did you know Canada was recently ranked the second best country in the world by the World Economic Forum? Our country earned the top ranking in the report for “quality of life”, a category that includes education, public healthcare, safety, and political and economic stability. Canada was also recognized for (…) [Read Full Article]

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SelectFlex Benefits for Small Groups of 3 or More Employees

Posted on June 9th, 2016 by Karen Taylor Smith

Our SelectFlex Benefits plan for small businesses has been very popular for groups of three or more. We have also found that groups of less than three are best served by an Executive Benefits Plan and/or Healthcare Spending Account Plus plan (HSAP) (read more in our previous blog, “Can a (…) [Read Full Article]

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Reminder: Overage Dependents Are No Longer Eligible after Graduation

Posted on June 6th, 2016 by Mike Ignatz

As June begins, we would like to remind plan members that coverage for overage dependents (children between the ages of 21-26 who have been attending school full time at an accredited educational institution) ends upon convocation – not the beginning of the next school year. Convocation for graduating post-secondary students (…) [Read Full Article]

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What’s New at The Benefits Trust?

Posted on May 27th, 2016 by Mike Ignatz

We have been very busy lately at The Benefits Trust, developing new tools and online resources for both our members and advisor partners, attending conferences to stay up to date on the latest in the benefits and insurance industry, and hosting educational webinars and seminars for advisors. We also recently (…) [Read Full Article]

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How Employers Can Change Their Benefits Plan without Re-Enrollment

Posted on May 5th, 2016 by Mike Ignatz

Employers may want to make changes to their benefits plan for a variety of reasons. For example, they may be in search of more favourable pricing; in fact, a lot of advisors tell employers that they should “shop their benefits plan” every two to three years to attain the most (…) [Read Full Article]

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