by Karen Taylor Smith | Oct 16, 2015 | Employee Benefits
An Employee Assistance Program (EAP) is one possible component of an employee benefits promise. EAPs are primarily known for providing access to confidential counselling (by phone and in person) and consultations on financial or legal questions. An EAP can be an...
by Karen Taylor Smith | Jul 2, 2015 | Employee Benefits, Flexible Benefits, Healthcare Spending Accounts
A healthcare spending account (HCSA) is a benefits solution that can be used either as a complement to a core health and dental plan, or as a standalone option. What Is It? Essentially, an HCSA is a pool of money available to employees and their families, which an...
by Karen Taylor Smith | Feb 19, 2015 | Employee Benefits, Healthcare Spending Accounts
A healthcare spending account (HCSA) is a practical, affordable, and flexible benefits plan option that has a multitude of advantages for business owners like you. It comes as no surprise, then, that HCSAs are gaining popularity as an alternative (or addition!) to...
by Karen Taylor Smith | Feb 13, 2015 | Coordination of Benefits, Employee Benefits, Member News, Provincial Updates
Do you and your employees know all the ins and outs of the Ontario Health Insurance Plan (OHIP)? If you’re not in the healthcare or benefits industry, chances are that you don’t. And you might be missing out on some great coverage options! Benefits plans are designed...
by Karen Taylor Smith | Jan 14, 2015 | Benefits Costs, Employee Benefits, Healthcare Spending Accounts
Some employers believe they can save money on administration by self-managing their healthcare spending account (HCSA) benefits plan. However, it’s important to know that self-administration often results in high costs, lost time, and other drawbacks. Before you...