by Mike Ignatz | Feb 21, 2020 | Case Study, Custom Plan Design, Employee Benefits
The client is a family-owned Canadian business in the logistics and distribution industry with over 70 employees, from labourers to professionals, key employees, and two generations of owners. From the beginning, it was clear to us that the diverse range of wages and...
by Mike Ignatz | Apr 23, 2015 | Employee Benefits, Healthcare Spending Accounts
Medical marijuana is a controversial subject. If you or a family member has been prescribed medical marijuana, you’re probably wondering whether your benefits plan will actually cover it or not. The legislation and regulations surrounding medical marijuana access and...
by Mike Ignatz | Apr 6, 2015 | Custom Plan Design, Employee Benefits, Sales Ideas
Do you stay up late at night worrying about other advisors scooping up your business? Are your nightmares haunted by middle-aged financial advisors with five group clients snagging your clients because they achieved the impossible and found an insurer to buy the...
by Karen Taylor Smith | Jul 18, 2014 | Benefits Costs, Benefits Taxation, Employee Benefits
Which taxes apply to ASO group benefits plans in Ontario? Premium Tax = 2.0% Provincial Insurance Tax = 8.0% HST = 13.0% Premium Tax on ASO Benefits Plans Premium tax is determined for each employee based on that employee’s province of residence. Premium tax on...
by Mike Ignatz | May 22, 2014 | Custom Plan Design, Employee Benefits, Executive Benefits, Sales Ideas
This is the first in our upcoming series about selling to healthcare professionals. Healthcare professionals may believe group benefits are not necessary for their employees, as they have access to certain services free or at-cost. Standard packaged plans may be of...