by Karen Taylor Smith | Feb 11, 2013 | Benefits Costs, Custom Plan Design, Employee Benefits
Part 1: Payroll Deduction In our blog today, we’re kicking off part one of our benefits cost sharing series with a discussion of how payroll deduction works, and the advantages it can offer. According to the Toronto Board of Trade’s 2012 Benefits and Employment...
by Karen Taylor Smith | Feb 5, 2013 | Benefits Costs, Employee Benefits
Increasingly, employers are no longer paying the full premium for employee benefits plans. Reducing costs has become a priority, but it is equally crucial to maintain a good benefits plan. As employers struggle to balance benefits plan coverage and benefits plan...
by Mike Ignatz | Nov 5, 2012 | Benefits Costs, Custom Plan Design, Employee Benefits, Flexible Benefits
Investment Executive magazine interviewed the Founder and President of The Benefits Trust, Robert J. Crowder, during their IE TV ‘Winning Strategies’ segment with host Dan Richards at the TMX Broadcast Centre at the Toronto Stock Exchange this past Monday, October 29....
by Karen Taylor Smith | May 29, 2012 | Benefits Costs, Employee Benefits, Healthcare Spending Accounts
A benefits plan is a promise that an employer makes to their employees. This promise can be defined in a variety of ways. A Health Care Spending Account (HCSA) is one type of benefit that can be included in this promise. An HCSA is a pre-determined amount of money...
by Mike Ignatz | May 24, 2012 | Benefits Costs, Employee Benefits, Fraud Prevention
Earlier this week, HR Daily published an article outlining some of the issues surrounding benefits fraud. According to Joel Alleyne, Executive Director of the Canadian Health Care Anti-Fraud Association, 2–10 per cent of all health benefits claims are fraudulent. The...
by Mike Ignatz | Apr 17, 2012 | Benefits Costs, Employee Benefits
A question many business owners asks is: Compared to traditional group benefits insurance, is a Budgeted Administrative Services Only Plan (ASO Plan) the most effective method to fund my group benefits? To answer this question, we must understand the two components to...
