The Benefits Trust Blog
Happy Canada Day from all of us at The Benefits Trust!
Last year, we celebrated our 25th anniversary at The Benefits Trust. In no corner of our imagination could we have expected to find ourselves where we are today. Like most of you, we are coping, we are adapting, and we are looking ahead to a brighter future. This year, we (…) [Read Full Article]
Case Study: Reflecting Your Company Culture in Your Benefits Plan
At The Benefits Trust, our primary aim is to provide business owners with superior benefits plans. We offer tailored plans that are designed to provide ample flexibility, tax advantages, and, of course, employee satisfaction. Recently, we were able to help one of our clients in the education space design a (…) [Read Full Article]
Posted in Custom Plan Design
We’re Here for You
As an essential service, we want to assure you that all employees at The Benefits Trust are working and available to support you during this unprecedented time. While our physical offices are closed, our team is fully functional and operating safely from home. Please encourage your employees to communicate with us electronically. All plan (…) [Read Full Article]
Posted in News
Case Study: Addressing Employee Demands for More Benefit Choices in Family Owned Business
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 salaries within the company would require a (…) [Read Full Article]
Posted in Custom Plan Design, Employee Benefits
Tags:benefits plan, employee benefits, family owned business, family owned business benefits plan
Changes Coming to OHIP in 2020
This has been a year of change for provincial health care under the Ontario government, with the trend continuing and no stone remaining unturned – including OHIP coverage. With many changes already having taken place in 2019, and a few still to come at the start of 2020, several services (…) [Read Full Article]
Posted in News
Tags:health care, health care plans, health insurance, OHIP, Ontario
Canadian Businesses Turning to Flexible Benefits Plans
While Canada continues to experience a growing multigenerational workforce, employers are currently trying to figure out how to not only encourage cohesion and collaboration among the generations, but also how to care for all of them. The needs and concerns of one generation do not necessarily overlap those of the (…) [Read Full Article]
CLHIA’s Withdrawal of Guideline G19 and Transparency
The Canadian Life and Health Insurance Association (CLHIA) recently announced the withdrawal of Guideline G19 on advisor compensation for group benefits and group retirement services, effective as of May 31, 2019. The CLHIA stressed that in spite of these changes, its members remain committed to disclosure. CLHIA president and CEO (…) [Read Full Article]
Posted in News
Common Benefits Advisor Problems: Adding Value, Part Three
In the first two parts of this series, we discussed how educating employers and employees leads to higher plan satisfaction, and why it’s important to know what you are shopping for before you shop the market. In the final part of this series, we will cover the various roles and (…) [Read Full Article]
Posted in Employee Benefits
Common Benefits Advisor Problems: Adding Value, Part Two
In part one of our series on adding value, we talked about how educating employees and employers can lead to higher plan satisfaction. Today, we’ll focus on why you need to know what you are shopping for before you shop around. Know What You Are Shopping for before You Shop (…) [Read Full Article]
Posted in Employee Benefits
Dental Fees in Ontario Rising 4.19% This Year: What Can You Do?
Ontario dental fees have been climbing annually, and 2019 is no exception. This year, the rates set by the Ontario Dental Association will increase by 4.19%. Dentists use the Provincial Dental Fee Guide to determine the rates they charge for services, while insurers use them as a guideline for “Reasonable and (…) [Read Full Article]
Posted in Benefits Costs, News
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Posted in News
Tags:Canada day, happy canada day