by Mike Ignatz | Oct 25, 2016 | Employee Benefits
Flexible hours, free lunches, and casual dress – do those perks really mean more to millennials than a higher salary? With millennials now making up the majority of Canada’s workforce, employers need to understand how to hire, retain, and engage them. Offering perks...
by Mike Ignatz | Oct 12, 2016 | Employee Benefits, Healthcare Spending Accounts
A healthcare spending account (HCSA or HSA) is a great way for any business to customize their benefits plan to suit their compensation philosophy and business goals. It can complement a traditional core health and dental plan or it can be a standalone solution. It...
by Robert J. Crowder CLU, GBA | Sep 27, 2016 | ASO Benefit Plans, Benefits Costs, Employee Benefits
That’s right; your benefits plan has a drug problem. Specifically, there’s a storm brewing with expensive prescription drugs – and most employee benefits plans won’t be able to weather it without the right precautions in place. There’s no question about it, the cost...
by Mike Ignatz | Sep 15, 2016 | Coordination of Benefits, Employee Benefits
The Ontario Drug Benefit (ODB) program is a government program that helps certain individuals cover the cost of their prescription medications. The ODB includes over 4,400 prescription drugs, as well as some nutrition products and diabetic testing agents. Click here...
by Karen Taylor Smith | Jun 9, 2016 | Employee Benefits, Flexible Benefits, News, SelectFlex
Our SelectFlex Benefits plan for small businesses has been very popular for groups of three or more. We have also found that groups of less than three are best served by an Executive Benefits Plan and/or Healthcare Spending Account Plus plan (HSAP) (read more in our...
by Mike Ignatz | May 5, 2016 | ASO Benefit Plans, Employee Benefits, Third Party Administration
Employers may want to make changes to their benefits plan for a variety of reasons. For example, they may be in search of more favourable pricing; in fact, a lot of advisors tell employers that they should “shop their benefits plan” every two to three years to attain...