The Federal Government is considering implementing a tax on employer-provided health and dental plans in the Spring 2017 Budget. Why would they do this? Taxing the premiums paid on employer-provided... 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 →
Critical illness and disability insurance coverage are not the same, but they are both beneficial – and often necessary for employers. While you have the option of one or the... read more →
Benecaid’s flexFIT plan is a fully insured group benefits solution with the added benefit of our superior customer service. With a flexFIT fully insured benefits plan, the company pays a... read more →
In today’s professional world there is one sure way to attract quality job candidates and make them want to stay around once you’ve hired them as employees—a great package of... read more →
Employee benefits are a form of contractual compensation that goes hand in hand with a salary. That means that once the terms of your employment are agreed upon, including the... read more →
Many small businesses feel that they can’t afford to provide a traditional benefits plan for their employees due to the fear of steep renewals and new expensive treatments. Benecaid’s Budgeted... 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 →
If given the choice would employees take a larger salary or a benefits plan? Well, according to a 2011 study, 50% of people surveyed in Canada would rather have benefits... 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 →
For small business owners and entrepreneurs, the idea of offering health insurance seems far off. Only big companies and corporations offer health insurance, right? The reality of the matter is... read more →
Insurance terminology can be confusing for all of us - including our clients. To help you easily explain some of these terms, we’ve created a glossary of some of the most commonly... read more →