According to a recent study done by KPMG, a staggering 54% of Canadian small and medium-sized businesses admit that their current number one focus is survival. As small and medium-sized... read more →
To find out more about how Honeybee can help your client’s unique situation contact one of our Honeybee experts at hello@honeybeebenefits.com, or click here to book a Honeybee demo.
To find out more about how Honeybee can help your client’s unique situation contact one of our Honeybee experts at hello@honeybeebenefits.com, or click here to book a Honeybee demo
During renewal meetings, Advisors are often tasked with creative ways to cut benefits costs or to mitigate potential renewal price increases. The worst thing a client can do is to... read more →
It is fairly straightforward and easy for Canadians to handle drug claims at the pharmacy. Simply hand over your prescription and almost immediately, you’re told how much you owe. But... read more →
Defined contribution health benefits plans are relatively new to the Canadian benefits market and are increasing in popularity as the workforce demographics shift. While defined benefit plans have been the... read more →
In today’s health benefits market, there is a notable shift from defined benefits towards defined contribution. This is not surprising given the massive shift in the pension sphere where the... read more →
In May of last year, we released an article called “Using an HSA to Protect Against High Drug Costs,” discussing how one client used a Health Spending Account (HSA) to... read more →
The industry average increase of group benefit plans are expected to be at least 8% in the coming year, according to a recent prediction by Aon Hewitt. Therefore, a focus on cost... read more →
Adding coinsurance to a group plan drives down the overall cost of the plan but the impact on employees is not always positive. Find out how to use a Health... read more →
Many small business owners don’t realize that not only can they afford to offer health insurance plans for their employees, but they can also benefit fiscally from doing so. Small... read more →
With a growing number of small businesses beginning to offer their employees benefits packages, the question is no longer one of whether or not to offer benefits to employees, but... read more →