by Robert J. Crowder CLU, GBA | Dec 19, 2017 | Coordination of Benefits, Employee Benefits, Flexible Benefits, News
Starting January 1st, 2018, the Government of Ontario will offer expanded drug benefits for children and youth. Under the new OHIP+: Children and Youth Pharmacare program, Ontario Drug Benefit (ODB) drugs will be fully covered, regardless of family income or student...
by Robert J. Crowder CLU, GBA | Sep 21, 2017 | Benefits Costs, Employee Benefits, Third Party Administration
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...
by Robert J. Crowder CLU, GBA | May 25, 2017 | Benefits Costs, Benefits Taxation, Employee Benefits
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...
by Robert J. Crowder CLU, GBA | Mar 14, 2017 | Employee Benefits
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...
by Mike Ignatz | Dec 14, 2016 | Employee Benefits
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...
by Robert J. Crowder CLU, GBA | Nov 28, 2016 | Employee Benefits
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,...