The Benefits Trust Blog
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]
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]
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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
The Benefits Trust Is Celebrating its 25th Anniversary
January marks a significant milestone for The Benefits Trust: our 25th anniversary! Since opening our doors on January 1st, 1994, our vision has been to help successful business owners build a better benefits plan than they can get anywhere else, and this has never been truer than it is today. (…) [Read Full Article]
Posted in News
Season’s Greetings! See Our Holiday Hours
From all of us at The Benefits Trust, we’d like to wish our benefits members and advisors a joyful holiday season. Here’s to health and happiness in the New Year! Please be advised of our special holiday hours, in the event that you or your employees have claim inquiries: 2018 (…) [Read Full Article]
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How to Combat the Skyrocketing Cost of Dental Claims
Spending on dental-related expenses has risen significantly over the past two decades, jumping from $2.3 billion in 1996 up to $7.9 billion in 2016. In fact, dental benefits accounted for 24 per cent of the total spent on extended health services by group or individual insurance plans according to the (…) [Read Full Article]
Posted in Benefits Costs
Virtual Care in Canada, Here to Stay!
At The Benefits Trust, we’re always striving to add value to our clients. We’re pleased to announce that we’ve partnered with Right Health/Akira, a Canadian Leader in Virtual Patient Care Solutions. As the use of virtual care becomes mainstream in the US, Canada is quickly catching up – providing Canadian (…) [Read Full Article]
Posted in News
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Posted in News
Tags:health care, health care plans, health insurance, OHIP, Ontario