by Mike Ignatz | Nov 26, 2019 | News
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...
by Karen Taylor Smith | Aug 7, 2013 | Employee Benefits
If you have a child attending university or college full time, they can still be covered by your benefits plan as an “over-age dependent”. An over-age dependent is typically considered to be a child between the ages of 21-26 who still attends school full time at an...
by Mike Ignatz | Mar 21, 2013 | Benefits Costs, Custom Plan Design, Employee Benefits
The third installment of our sharing benefits costs series is dedicated to annual deductibles. Previously in part one and two, we covered the advantages of payroll deduction and co-insurance, respectively. An annual deductible is a set amount that the employee is...
by Karen Taylor Smith | Feb 21, 2013 | Benefits Costs, Custom Plan Design, Employee Benefits
In our last blog we provided some insight into payroll deduction, and how it can be advantageous to employers who want to minimize benefits plan costs by sharing with employees. Today, we are addressing the topic of co-insurance. With co-insurance, the claimant and...