[{"id":22582,"date":"2022-07-27T06:30:13","date_gmt":"2022-07-27T11:30:13","guid":{"rendered":"https:\/\/www.benecaid.com\/?p=22582"},"modified":"2022-07-27T07:48:32","modified_gmt":"2022-07-27T12:48:32","slug":"benecaid-and-green-shield-canada-launch-honeybee-select","status":"publish","type":"post","link":"https:\/\/www.benecaid.com\/fr\/benecaid-and-green-shield-canada-launch-honeybee-select\/","title":{"rendered":"Benecaid and Green Shield Canada launch Honeybee Select, an innovative benefits alternative for small businesses"},"content":{"rendered":"<div id=\"post-content-metadata\" class=\"clearfix\"><span class=\"post-metadata dt-green\"><em><time datetime=\"2020-11-26T12:30:00Z\">July 27, 2022 09:30 ET<\/time>\u00a0<\/em><\/span>|\u00a0<a href=\"https:\/\/www.greenshield.ca\/en-ca\/blog\/post\/benecaid-and-green-shield-canada-launch-honeybee-select-an-innovative-benefits-alternative-for-small-businesses\" target=\"_blank\" rel=\"noopener\"><strong>Source:<\/strong> Green Shield Canada<\/a><\/div>\n<div><\/div>\n<div><\/div>\n<p><strong>TORONTO, ONTARIO (<\/strong><strong>JULY 27, 2022) <\/strong>\u2013 Benecaid and Green Shield Canada (GSC), both part of the GSC group of companies, today announced the launch of Honeybee Select, a simple and innovative health benefits solution for small businesses (25 employees and under) new to workplace benefits.<\/p>\n<p>Honeybee Select, part of the broader portfolio of products provided by Benecaid and now powered by GSC, offers digital, easy-to-use benefits, with employers positioned to choose the standardized plan that best fits their needs. All core benefits are provided by GSC, including health, dental, and travel (while optional pooled benefits are provided by leading insurers). In addition, all plans include mental health coverage provided by Inkblot Therapy, a leading provider of mental health solutions and also part of the GSC group of companies.<\/p>\n<p>Boosted by full access to Honeybee\u2019s digital innovative benefits platform, Honeybee Select stands apart with its streamlined user experience, add-on allowance accounts for additional coverage, and access to exclusive partners. Available in English and French (though not yet offered in Quebec), the product consists of set plan designs, including three options where underwriting is not required. Employers receive a guaranteed quote within 24 hours.<\/p>\n<p>\u201cWe\u2019re excited about the impact that Honeybee Select can have as a modern, innovative alternative in this market,\u201d explains Darren Sacks, president of Benecaid. \u201cWe have seen firsthand how too many choices and complexities with health benefits coverage can overwhelm small businesses. Honeybee Select is a simple way for employers to begin their benefits journey and give their employees the benefits they need on a budget the company can afford.\u201d<\/p>\n<p>The collective strength of Benecaid and GSC ensures that Honeybee Select is powered by deep expertise and top-tier technology. To add to the synergies, effective August 1, 2022, electronically submitted health and dental claims for Honeybee Select plan members will be processed through the GSC adjudication platform for instant eligibility assessment at more health care providers.<\/p>\n<p>\u201cHoneybee Select really showcases the breadth and depth of the GSC group of companies,\u201d adds Shaun McKee, VP of Insurance at GSC. \u201cWe\u2019re proud to be bringing GSC\u2019s adjudication system \u2013 and our health and dental expertise \u2013 to a solution that could be a game-changer for small businesses.\u201d<\/p>\n<p><strong>For more information:<\/strong><br \/>\nSevag Koshian, VP Sales &amp; Client Relations<br \/>\n<a href=\"mailto:skoshian@benecaid.com\">skoshian@benecaid.com<\/a><br \/>\n416.626.8786, Ext. 7505<\/p>\n<p><strong>About the Green Shield Canada group of companies<\/strong><\/p>\n<p>The GSC group of companies means, collectively, Green Shield Canada (GSC), the Green Shield Association, and Green Shield Holdings Inc., which is the primary company that houses health services and benefits administration subsidiaries, including Benecaid and Inkblot. Green Shield Holdings Inc. is a wholly-owned subsidiary of the not-for-profit Green Shield Association.<\/p>\n<p><strong>About Benecaid and Honeybee<\/strong><\/p>\n<p>Part of the GSC group of companies, Benecaid has been a leading provider of innovative group benefits solutions for Canadian small and medium-sized businesses for over 20 years. Benecaid\u2019s unique solutions include competitive health, dental and ancillary group benefits, using both fully-insured and self-insurance options to bring a range of flexible solutions to the market through its network of independent licensed insurance advisors.<\/p>\n<p>The Honeybee digital benefits platform empowers both insurance advisors and insurance companies by enabling a modern benefits experience for their clients and plan members, with access to the widest selection of progressive, personalized benefits products and services, optimized to meet a company\u2019s unique goals. As a third party administrator for some of the most trusted and recognizable Canadian insurance companies, Benecaid combines deep product knowledge, benefits administration expertise and the latest technologies to provide employers with affordable and sustainable benefits solutions, and their employees with a superior customer experience.<\/p>\n<p><strong>About Green Shield Canada (GSC)<\/strong><\/p>\n<p>Green Shield Canada (GSC), one of the country\u2019s largest health benefits carriers and uniquely structured as a social enterprise, has been shaping the health care landscape for 65 years with a unique brand of expertise and innovation, and currently serves over 4.5 million Canadians across health and dental benefits and pharmacy benefits management. Through the GSC group of companies\u2019 strategic investments and commercial partnerships, GSC is also able to provide clients with an integrated experience that includes delivery of health care via an ever-expanding digital health ecosystem and full benefits administration support.<\/p>\n<p>GSC believes all Canadians should have access to the services they need to improve their health and well-being, but for too many that\u2019s not a reality. With a focus on filling gaps in the Canadian health care system in oral and mental health, GSC and the Green Shield Association will invest $75M in oral and mental health social impact initiatives by 2025 to drive measurable improvements in health outcomes for Canadians \u2013 and support GSC\u2019s commitment to Better Health for All.<\/p>\n<p><strong>About Inkblot Therapy<\/strong><\/p>\n<p>Part of the GSC group of companies, Inkblot is on a mission to improve mental health at home, at work and beyond. From affordable digital counselling services to an innovative EAP program, Inkblot offers effective and accessible solutions for individuals and organizations that care. Inkblot\u2019s corporate mental health program focuses on offering secure, easy-to-access video counselling that is available anytime, any place. Through advanced matching technology, individuals can easily find the best counsellors to suit their needs and preferences in just a few easy steps. With mental health insights employers can actually learn from, Inkblot has already helped over a million people start feeling better without the wait.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>July 27, 2022 09:30 ET\u00a0|\u00a0Source: Green Shield Canada TORONTO, ONTARIO (JULY 27, 2022) \u2013 Benecaid and Green Shield Canada (GSC), both part of the GSC group of companies, today announced the launch of Honeybee Select, a simple and innovative health benefits solution for small businesses (25 employees and under) new to workplace benefits. Honeybee Select, part of the broader portfolio of products provided by Benecaid and now powered by GSC, offers digital, easy-to-use benefits, with employers positioned to choose the standardized plan that best fits their needs. All core benefits are provided by GSC, including health, dental, and travel (while optional pooled benefits are provided by leading insurers). In addition, all plans include mental health coverage provided by Inkblot Therapy, a leading provider of mental health solutions and also part of the GSC group of companies. Boosted by full access to Honeybee\u2019s digital innovative benefits platform, Honeybee Select stands apart with its streamlined user experience, add-on allowance accounts for additional coverage, and access to exclusive partners. Available in English and French (though not yet offered in Quebec), the product consists of set plan designs, including three options where underwriting is not required. Employers receive a guaranteed quote within 24 hours. [&hellip;]<\/p>\n","protected":false},"author":28,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[74,67],"tags":[],"class_list":["post-22582","post","type-post","status-publish","format-standard","hentry","category-benecaid-news","category-honeybee"],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/posts\/22582","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/users\/28"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/comments?post=22582"}],"version-history":[{"count":0,"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/posts\/22582\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/media?parent=22582"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/categories?post=22582"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/tags?post=22582"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}},{"id":22186,"date":"2021-06-29T16:47:47","date_gmt":"2021-06-29T21:47:47","guid":{"rendered":"https:\/\/www.benecaid.com\/?p=22186"},"modified":"2021-07-06T10:39:46","modified_gmt":"2021-07-06T15:39:46","slug":"scotiabanks-workplace-benefits-award-the-future-of-benefits","status":"publish","type":"post","link":"https:\/\/www.benecaid.com\/fr\/scotiabanks-workplace-benefits-award-the-future-of-benefits\/","title":{"rendered":"Scotiabank&rsquo;s Workplace Benefits Award: The Future of Benefits?"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Scotiabank\u2019s <\/span><a href=\"https:\/\/www.benefitscanada.com\/news\/bencan\/scotiabank-awarded-for-adapting-existing-benefits-in-face-of-coronavirus\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">recent Workplace Benefits Award<\/span><\/a><span style=\"font-weight: 400;\"> gives advisors a glimpse of future trends and benefits that may increasingly become in demand, as well as insight on the results that these types of offerings may yield.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Securing their second win, Scotiabank was recognized for its benefits innovation within the \u201cCoronavirus and Benefits\u201d category of Benefits Canada\u2019s most recent Workplace Benefits Awards.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Scotiabank\u2019s leadership-driven, mental health-focused health strategy was shaped at least in part due to the pandemic. However, these changes were carefully implemented following the analysis of years\u2019 worth of past data, and many of its programs are designed to remain in place indefinitely after employees return back to the office.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h1><strong>The Benefits Lineup<\/strong><\/h1>\n<p><span style=\"font-weight: 400;\">The following benefits have been added or augmented to support employees during the pandemic and beyond:<\/span><\/p>\n<h3><strong>Personal Days<\/strong><\/h3>\n<p><span style=\"font-weight: 400;\">Scotiabank has increased the number of personal days it offers to all Canadian employees, going from 5 to 10 personal days offered through the year as a temporary benefit during the pandemic.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This takes factors such as school closures, increased time in store lineups, and, quite simply, an increased need for personal downtime to relax, recharge, or focus on family.\u00a0<\/span><\/p>\n<h3><strong>Lifestyle Benefits Account<\/strong><\/h3>\n<p><span style=\"font-weight: 400;\">Scotiabank added $500 to its well-being account, more commonly known as a <\/span><a href=\"https:\/\/www.honeybeebenefits.com\/allowance-account\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Lifestyle Spending Account<\/span><\/a><span style=\"font-weight: 400;\">, for benefits-eligible employees during the pandemic.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">While the well-being account already covered common lifestyle-related expenses such as fitness and childcare, additional eligible expense categories have been added to accommodate food delivery, groceries, and home office equipment as well.<\/span><\/p>\n<h3><strong>Virtual Health<\/strong><\/h3>\n<p><span style=\"font-weight: 400;\">While Scotiabank initially introduced an optional virtual healthcare program on April 1, 2020, it pivoted almost immediately to offer the program to employees for free until towards the end of the year.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It also streamlined its short-term disability process, adjusting it to minimize interruption of pay for employees who were displaying virus symptoms over several days.<\/span><\/p>\n<h3><strong>Mental Health<\/strong><\/h3>\n<p><span style=\"font-weight: 400;\">Recognizing the importance &#8211; and impact &#8211; of employee mental health, more mental health services are now available under its $3,000 per year coverage.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Scotiabank has also added a new online cognitive behavioral therapy program to its existing list of employee resources for mental health.\u00a0<\/span><\/p>\n<h3><strong>Childcare<\/strong><\/h3>\n<p><span style=\"font-weight: 400;\">Recognizing the importance of arranged childcare for working parents and caregivers, effective September 2020, Scotiabank now pays for five backup care days per child per employee and has funded a 10% discount for full-time childcare (and a 5% discount for part-time).\u00a0<\/span><\/p>\n<h3><strong>Parental Leave<\/strong><\/h3>\n<p><span style=\"font-weight: 400;\">In line with its commitment to support employees with young children, Scotiabank has expanded its parental leave policy to support fathers, adoptive parents, and same-sex partners in addition to birth mothers.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h2><strong>The Results<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">Scotiabank has already begun to see the results of recent changes to its new benefits program. Their virtual health program has been used by over 20,000 employees, and the well-being account has similarly seen high usage rates.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Of employees that are covered by the EAP, 89% &#8211; significantly higher than industry average &#8211; has expressed satisfaction with the support and services they are offered.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Responses from employees who have used the EAP indicated a 45% improvement in work attendance, 46% found they were better able to cope with job demands, and 45% said they have better relationships at work.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h2><strong>Adding Advisor Value: Takeaway Tips for your Client List<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">As the benefits and insurance experts, businesses look to their advisors to provide insights on how to improve their benefits programs.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In order to maintain robust relationships, advisors should look to provide value to their client base on a continuous basis &#8211; even <\/span><a href=\"https:\/\/www.benecaid.com\/nurture-relationship-with-clients-between-renewals\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">outside of renewal time<\/span><\/a><span style=\"font-weight: 400;\">. Looking beyond Scotiabank\u2019s Workplace Benefits Award as simply news, here are some key takeaway tips you can <\/span><a href=\"https:\/\/www.benecaid.com\/advisors-use-social-media-to-boost-business\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">pass onto your clients<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<h3><strong>Track Employee Absences<\/strong><\/h3>\n<p><span style=\"font-weight: 400;\">Tracking the reason behind employee absences (e.g. sick, vacation, personal day, etc) can easily fall through the cracks if HR does not formally log employees taking time off, or if a Time Off tracking tool isn\u2019t being used consistently.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">One of the key objectives of employee benefits is to bolster long-term employee health, reduce absenteeism (<\/span><a href=\"https:\/\/www.honeybeebenefits.com\/what-is-presenteeism-in-the-workplace\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">and presenteeism<\/span><\/a><span style=\"font-weight: 400;\">), and improve employee productivity while at work.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Before implementing or even evaluating potential changes to a PTO policy, it\u2019s important for an employer to know what is keeping their employees from work. After all, additional sick days likely won\u2019t help employees absent from work due to being required to provide last-minute childcare, or vice versa. Implementing the wrong type of PTO than what employees require most can not only add negligible value; it can actually invite abuse of said policy, a situation that employers always wish to avoid.<\/span><\/p>\n<h3><strong>Employee Feedback<\/strong><\/h3>\n<p><span style=\"font-weight: 400;\">Without direct employee feedback, it can be difficult to know how employees really think of their benefits program. This includes perceived shortcomings of the employee benefits package, as well as additional offerings that would add value to current employees.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Employers shouldn\u2019t assume they know their employees best; employees know themselves best! Open channels of communication include anonymous employee surveys, collection of employee feedback from HR or a plan administrator, and consistent review of reports from EAPs and other health partners to assess usage rates and patterns. This is one area that an advisor can assist in directly as a value-added service. Don\u2019t let this be a missed opportunity for your client base.<\/span><\/p>\n<h3><strong>Flexibility<\/strong><\/h3>\n<p><span style=\"font-weight: 400;\">Try as we might, no one can be certain what the future holds (a truth that COVID-19 has starkly reminded everyone of).\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As such, it\u2019s important for employers to realize the importance of flexibility within their employee benefits plans. A rigid plan implemented today due to upfront affordability or ease of implementation runs the risk of providing little actual value to employees, or even turning into a liability down the road.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This is why advisors should take into consideration the <\/span><a href=\"https:\/\/www.benecaid.com\/sustainable-aso-plans-now-with-the-honeybee-digital-experience\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">long-term sustainability<\/span><\/a><span style=\"font-weight: 400;\">, as well as flexibility, of benefits offerings when helping a business.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Some questions to evaluate:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><em><span style=\"font-weight: 400;\">Can the majority of employees derive full value out of their main benefits plan?<\/span><\/em><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><em><span style=\"font-weight: 400;\">What happens when the business grows?<\/span><\/em><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><em><span style=\"font-weight: 400;\">What if the business suddenly needs to go lean?<\/span><\/em><\/li>\n<\/ul>\n<h3><strong>Benefits Should Make Employers Stand Out, Not Fit In<\/strong><\/h3>\n<p><span style=\"font-weight: 400;\">All too often, employers view employee benefits as a \u201ccheckmark item\u201d for which they can offer employees.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Advisors know that not all benefits were created equal. It\u2019s important to remind clients that their benefits package is an opportunity to:<\/span><\/p>\n<ol>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><em><span style=\"font-weight: 400;\">Add value to both current and future employees\u2019 overall compensation packages\u00a0<\/span><\/em><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><em><span style=\"font-weight: 400;\">Help a business stand out among the competition<\/span><\/em><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><em><span style=\"font-weight: 400;\">Bolster current employee loyalty\u00a0<\/span><\/em><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><em><span style=\"font-weight: 400;\">Attract top talent<\/span><\/em><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><em><span style=\"font-weight: 400;\">Support employees\u2019 long-term health and productivity levels<\/span><\/em><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">In other words, a benefits package is a way for an employer to stand out&#8230;not to fit with the crowd. At the end of the day, benefits that fail to enthuse employees also tend to yield poor return on investment.\u00a0<\/span><\/p>\n<h2><\/h2>\n<h2><strong>Robust Benefits Programs NOT Exclusive to Large Businesses<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">Small and medium-sized business owners often assume they aren\u2019t big enough to offer a robust benefits program. While this historically may have been true, since 2000, Benecaid has carved a niche within the Canadian benefits space focused on the development of flexible products that deliver cost control, budget certainty and more choice for our clients and yours.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Benecaid helps advisors provide Canadian companies, and their employees, with the benefits they want \u2013 at an affordable price, designed to naturally scale with a business as it grows over time.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">With over 70,000 customers comprised of small and medium-sized businesses, Benecaid is designed to be part of the solution, and works tirelessly alongside our advisors to deliver superb employee benefits employers can be proud to offer.<\/span><\/p>\n<p>Contact a Benecaid Consultant today at 1-877-797-7448 or email us at <a href=\"mailto:sales@benecaid.com\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"sales@benecaid.com (opens in a new tab)\">sales@benecaid.com<\/a>\u00a0to learn more.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Scotiabank\u2019s recent Workplace Benefits Award should give advisors a glimpse of future trends and benefits that may increasingly become in demand.<\/p>\n","protected":false},"author":21,"featured_media":22193,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[31],"tags":[],"class_list":["post-22186","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trends"],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/www.benecaid.com\/wp-content\/uploads\/2021\/06\/Untitled-design-10.png","_links":{"self":[{"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/posts\/22186","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/users\/21"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/comments?post=22186"}],"version-history":[{"count":0,"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/posts\/22186\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/media\/22193"}],"wp:attachment":[{"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/media?parent=22186"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/categories?post=22186"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/tags?post=22186"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}},{"id":22174,"date":"2021-06-14T13:00:45","date_gmt":"2021-06-14T18:00:45","guid":{"rendered":"https:\/\/www.benecaid.com\/?p=22174"},"modified":"2022-07-26T13:49:50","modified_gmt":"2022-07-26T18:49:50","slug":"benecaid-organizational-announcement-june2021","status":"publish","type":"post","link":"https:\/\/www.benecaid.com\/fr\/benecaid-organizational-announcement-june2021\/","title":{"rendered":"Benecaid Organizational Announcement"},"content":{"rendered":"<p>For the past 21 years, Benecaid has been an innovator in the Canadian health benefits market. The company has evolved over time and has seen substantial growth over the past seven years through the introduction of new products and services and our digital insurance platform, Honeybee.<\/p>\n<p>Over the past seven years, Peter Berczi has proudly led the Benecaid team, currently 75 strong, through many changes.\u00a0 We want to inform you that Peter has decided to move on from his role as President of Benecaid. Peter will be with us until July 2, 2021, and will continue with us in an advisory role beyond that. We are glad that Peter is not going far and look forward to his service to Benecaid well into the future.<\/p>\n<p>This news has given us the opportunity to make way for the next generation of leaders \u2013 the team that will take Benecaid to the next level. With this in mind, we are incredibly excited to announce that effective June 28, 2021, <strong>Darren Sacks will take the position of President of Benecaid<\/strong>.<\/p>\n<p>Darren brings over 20 years of insurance experience to the role. During his six-year tenure at Benecaid, he has led almost every part of the business, and when combined with his prior experience in the MGA markets as well as running an independent brokerage, he is the ideal leader for Benecaid with many new ideas for its evolution.<\/p>\n<p>It is an exciting time at Benecaid and the best is yet to come.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>For the past 21 years, Benecaid has been an innovator in the Canadian health benefits market. The company has evolved over time and has seen substantial growth over the past seven years through the introduction of new products and services and our digital insurance platform, Honeybee. Over the past seven years, Peter Berczi has proudly led the Benecaid team, currently 75 strong, through many changes.\u00a0 We want to inform you that Peter has decided to move on from his role as President of Benecaid. Peter will be with us until July 2, 2021, and will continue with us in an advisory role beyond that. We are glad that Peter is not going far and look forward to his service to Benecaid well into the future. This news has given us the opportunity to make way for the next generation of leaders \u2013 the team that will take Benecaid to the next level. With this in mind, we are incredibly excited to announce that effective June 28, 2021, Darren Sacks will take the position of President of Benecaid. Darren brings over 20 years of insurance experience to the role. During his six-year tenure at Benecaid, he has led almost every part [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[74],"tags":[],"class_list":["post-22174","post","type-post","status-publish","format-standard","hentry","category-benecaid-news"],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/posts\/22174","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/comments?post=22174"}],"version-history":[{"count":0,"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/posts\/22174\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/media?parent=22174"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/categories?post=22174"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/tags?post=22174"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}},{"id":22165,"date":"2021-06-04T16:40:59","date_gmt":"2021-06-04T21:40:59","guid":{"rendered":"https:\/\/www.benecaid.com\/?p=22165"},"modified":"2021-06-07T16:48:59","modified_gmt":"2021-06-07T21:48:59","slug":"health-spending-accounts-how-an-hsa-differs-from-traditional-group-benefits-infographic","status":"publish","type":"post","link":"https:\/\/www.benecaid.com\/fr\/health-spending-accounts-how-an-hsa-differs-from-traditional-group-benefits-infographic\/","title":{"rendered":"Health Spending Accounts: How an HSA Differs from Traditional Group Benefits (Infographic)"},"content":{"rendered":"<p>The topic of\u00a0<span class=\"markp2n7o2438\" data-markjs=\"true\" data-ogac=\"\" data-ogab=\"\" data-ogsc=\"\" data-ogsb=\"\">Health<\/span>\u00a0<span class=\"markruvgbwlvf\" data-markjs=\"true\" data-ogac=\"\" data-ogab=\"\" data-ogsc=\"\" data-ogsb=\"\">Spending<\/span>\u00a0<span class=\"markb4uks22ff\" data-markjs=\"true\" data-ogac=\"\" data-ogab=\"\" data-ogsc=\"\" data-ogsb=\"\">Account<\/span>s (HSAs)\u00a0is coming up more and more frequently in the benefits space.<\/p>\n<p>As the popularity of HSAs continues to grow, you may encounter questions such as:<\/p>\n<p><em>1. \u00ab\u00a0What is an HSA?\u00a0\u00bb<br \/>\n2. \u00ab\u00a0How can an HSA elevate my employee benefits program?\u00a0\u00bb<br \/>\n3. \u00ab\u00a0How are HSAs different from a traditional benefits plan, exactly?\u00a0\u00bb<\/em><\/p>\n<p>Whether you are new to Health Spending Accounts or are a benefits advisor looking to explain the concept of HSAs to clients and prospects, Benecaid has created an infographic resource to help you answer these questions.<\/p>\n<p><strong>View the infographic below, or click to\u00a0<a href=\"https:\/\/www2.benecaid.com\/e\/141181\/rom-Traditional-Group-Bene-pdf\/3lg9gv\/495099223?h=M3mdUrcIlVjBplAQwb7edJwuppRtRYCDWdG9YyVrg5Q\" target=\"_blank\" rel=\"noopener noreferrer\" data-auth=\"NotApplicable\" data-linkindex=\"1\">download the PDF.<\/a><\/strong><br \/>\n<img decoding=\"async\" src=\"https:\/\/www2.benecaid.com\/l\/141181\/2021-05-28\/3lg7cq\/141181\/1622230954DCFL0owO\/Health_Spending_Accounts_How_a_HSA_Differs_from_Traditional_Group_Bene.pdf\" alt=\"\" border=\"0\" data-imagetype=\"External\" \/><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-22167\" src=\"https:\/\/www.benecaid.com\/wp-content\/uploads\/2021\/06\/1.png\" alt=\"health spending account brochure\" width=\"800\" height=\"2000\" srcset=\"https:\/\/www.benecaid.com\/wp-content\/uploads\/2021\/06\/1.png 800w, https:\/\/www.benecaid.com\/wp-content\/uploads\/2021\/06\/1-120x300.png 120w, https:\/\/www.benecaid.com\/wp-content\/uploads\/2021\/06\/1-410x1024.png 410w, https:\/\/www.benecaid.com\/wp-content\/uploads\/2021\/06\/1-60x150.png 60w, https:\/\/www.benecaid.com\/wp-content\/uploads\/2021\/06\/1-768x1920.png 768w, https:\/\/www.benecaid.com\/wp-content\/uploads\/2021\/06\/1-614x1536.png 614w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-22168\" src=\"https:\/\/www.benecaid.com\/wp-content\/uploads\/2021\/06\/2.png\" alt=\"health spending account brochure\" width=\"800\" height=\"2000\" srcset=\"https:\/\/www.benecaid.com\/wp-content\/uploads\/2021\/06\/2.png 800w, https:\/\/www.benecaid.com\/wp-content\/uploads\/2021\/06\/2-120x300.png 120w, https:\/\/www.benecaid.com\/wp-content\/uploads\/2021\/06\/2-410x1024.png 410w, https:\/\/www.benecaid.com\/wp-content\/uploads\/2021\/06\/2-60x150.png 60w, https:\/\/www.benecaid.com\/wp-content\/uploads\/2021\/06\/2-768x1920.png 768w, https:\/\/www.benecaid.com\/wp-content\/uploads\/2021\/06\/2-614x1536.png 614w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-22169\" src=\"https:\/\/www.benecaid.com\/wp-content\/uploads\/2021\/06\/3.png\" alt=\"health spending account brochure\" width=\"800\" height=\"2000\" srcset=\"https:\/\/www.benecaid.com\/wp-content\/uploads\/2021\/06\/3.png 800w, https:\/\/www.benecaid.com\/wp-content\/uploads\/2021\/06\/3-120x300.png 120w, https:\/\/www.benecaid.com\/wp-content\/uploads\/2021\/06\/3-410x1024.png 410w, https:\/\/www.benecaid.com\/wp-content\/uploads\/2021\/06\/3-60x150.png 60w, https:\/\/www.benecaid.com\/wp-content\/uploads\/2021\/06\/3-768x1920.png 768w, https:\/\/www.benecaid.com\/wp-content\/uploads\/2021\/06\/3-614x1536.png 614w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>An infographic resource on Health Spending Accounts, also known as HSAs, and how they differ from traditional group benefit plans.<\/p>\n","protected":false},"author":21,"featured_media":22170,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[35],"tags":[],"class_list":["post-22165","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-health-spending-account-hsa"],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/www.benecaid.com\/wp-content\/uploads\/2021\/06\/Untitled-design-4.png","_links":{"self":[{"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/posts\/22165","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/users\/21"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/comments?post=22165"}],"version-history":[{"count":0,"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/posts\/22165\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/media\/22170"}],"wp:attachment":[{"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/media?parent=22165"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/categories?post=22165"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/tags?post=22165"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}},{"id":22143,"date":"2021-04-23T16:26:05","date_gmt":"2021-04-23T21:26:05","guid":{"rendered":"https:\/\/www.benecaid.com\/?p=22143"},"modified":"2021-04-23T16:26:05","modified_gmt":"2021-04-23T21:26:05","slug":"fenchurch-long-term-disability-coverage-for-small-groups-hsas","status":"publish","type":"post","link":"https:\/\/www.benecaid.com\/fr\/fenchurch-long-term-disability-coverage-for-small-groups-hsas\/","title":{"rendered":"Fenchurch Long-Term Disability Coverage for Small Groups &#038; HSAs"},"content":{"rendered":"<p>Benecaid is introducing new automatic issue, long-term disability coverage pools from Fenchurch General Insurance Company.<\/p>\n<h2>What is Long-Term Disability Insurance?<\/h2>\n<p>Long-Term Disability insurance (also known as LTD insurance for short) is a type of employer-provided group insurance policy that provides income replacement for employees when they are unable to work due to illness or injury. As the name implies, Long-Term Disability insurance is meant for long-term absences of 18 weeks or more, and supplements a percentage of an employee&rsquo;s salary.\u00a0 To learn more about Long-Term Disability insurance, <a href=\"https:\/\/www.benecaid.com\/disability-insurance\/\" target=\"_blank\" rel=\"noopener\">click here<\/a>.<\/p>\n<h2>Fenchurch LTD Coverage Pool<\/h2>\n<p>Many small companies often don&rsquo;t have the same options able to them as larger businesses, especially when it comes to disability leave.<\/p>\n<p>Benecaid now offers long-term disability coverage designed specifically for groups and Health Spending Accounts (HSAs) of <strong>less than 5 people<\/strong>. This guaranteed issue plan means no medical underwriting, and coverage is available on the spot.<\/p>\n<p>This long-term disability coverage pool product is a first-of-its-kind offering that is the perfect complement to a defined contribution plan like a Benecaid HSA. Price is pre-set, coverage is competitive, and enrolment is simple!<\/p>\n<p><b>Product Features Include:<\/b><\/p>\n<ul>\n<li>No medical underwriting<\/li>\n<li>Competitive pricing<\/li>\n<li>119-day elimination period<\/li>\n<li>2-year own occupation<\/li>\n<li>Coverage to age 65<\/li>\n<\/ul>\n<p><b>The Fenchurch LTD Coverage Pool is Perfect For:<\/b><\/p>\n<ul>\n<li>Tradespeople<\/li>\n<li>Professionals<\/li>\n<li>Small organizations<\/li>\n<li>As an add-on to a Health Spending Account (HSA)<\/li>\n<\/ul>\n<p>Reach out to one of our Benefits Consultants to discuss pricing, coverage details and answer any questions you might have.<\/p>\n<p>Our Benefits Consultants can also be reached by phone at 1-877-797-7448 or email <a href=\"mailto:sales@benecaid.com\">sales@benecaid.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Benecaid is introducing new automatic issue, long-term disability coverage pools from Fenchurch General Insurance Company.<\/p>\n","protected":false},"author":21,"featured_media":22148,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[50],"tags":[],"class_list":["post-22143","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-small-business-benefits"],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/www.benecaid.com\/wp-content\/uploads\/2021\/04\/Untitled-design-3.png","_links":{"self":[{"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/posts\/22143","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/users\/21"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/comments?post=22143"}],"version-history":[{"count":0,"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/posts\/22143\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/media\/22148"}],"wp:attachment":[{"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/media?parent=22143"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/categories?post=22143"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/tags?post=22143"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}},{"id":22132,"date":"2021-03-24T16:08:20","date_gmt":"2021-03-24T21:08:20","guid":{"rendered":"https:\/\/www.benecaid.com\/?p=22132"},"modified":"2021-03-25T13:40:52","modified_gmt":"2021-03-25T18:40:52","slug":"sustainable-aso-plans-now-with-the-honeybee-digital-experience","status":"publish","type":"post","link":"https:\/\/www.benecaid.com\/fr\/sustainable-aso-plans-now-with-the-honeybee-digital-experience\/","title":{"rendered":"Sustainable ASO Plans Now with the Honeybee Digital Experience"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Benecaid is proud to announce that the Honeybee platform now supports budgeted Administrative Services Only (ASO) plans, making Honeybee compatible with all plan types. Budgeted ASO on Honeybee provides businesses an affordable budgeting solution delivered on Honeybee\u2019s sleek, user-friendly proprietary app.\u00a0<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Why Budgeted ASO?<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Budgeted Administrative Services Only (ASO) self-insured plans are a cost-sustainable way for businesses to offer benefits without compromising on coverage, with the added bonus of unused funds being returned to the employer.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Under budgeted ASO, employers pay for coverage on a per-use basis, plus a monthly budgeted deposit that goes into a Reserve Account. Low cost, high frequency day-to-day claims come out of this Reserve Account, plus an administration fee.<\/span><\/p>\n<p><b>If by the end of the year there are funds remaining within the Reserve Account, the funds are then returned to the employer, which can be paid out in the form of a payment holiday or cash!<\/b><\/p>\n<p><span style=\"font-weight: 400;\">A small monthly premium goes towards Stop Loss, which provides security in the form of insurance on high-cost claims. In the event a group\u2019s claims exceed the employer\u2019s expected, pre-defined limit, Stop Loss comes into the picture by absorbing the excess claims amount. This can be a safety net for companies that find themselves with unexpected catastrophic claims above what the company may be willing or able to afford. Though Stop Loss has historically been accessible only for large organizations, Honeybee\u2019s ASO plans and Benecaid\u2019s special insurance company relationships make it possible for smaller businesses to have Stop Loss attached to their plan.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In other words, a budgeted ASO self-insured plan with Stop Loss allows companies to only pay for what they can actually use without sacrificing the insurance coverages for unexpected, expensive claims. This enables companies to save money when times are lean, without sacrificing coverage levels or worry about the expense of a significant monthly premium.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">How Honeybee Completes an ASO Plan\u00a0<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Honeybee brings the traditional world of insurance and the future-facing world of technology together with its innovative proprietary app. Traditional insurance plans often come with their own set of downsides and challenges:\u00a0<\/span><\/p>\n<ul>\n<li><span style=\"font-weight: 400;\">Costly locked-in monthly premiums that often increase year after year, regardless of actual usage<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Long and tedious enrolment and fulfilment process for Plan Administrators\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Inefficient paper forms; time consuming to understand and administer<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Overly complicated and clunky claim processes; benefits fail to excite employees<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Honeybee was created to combat these pervasive problems that come with traditional insurance. With ASO plans on Honeybee,<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Plans are lean, cost-sustainable, and easy to budget<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Digital fulfillment and enrolment are supported, making Plan Administrators\u2019 lives easier<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Administration of benefits is easy and automated\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Honeybee\u2019s innovative app makes submitting claims and understanding coverage simple<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">All types of benefits together in one app &#8211; insurance, health and lifestyle accounts and all the information they need to understand usage, plan details and available traditional and non-traditional benefits<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">User experience is unparalleled<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Employers offer employee benefits to help support their employees, bolster employee retention and satisfaction, and add value to overall compensation packages. Paradoxically, many employee benefit plans in practice are anything <\/span><i><span style=\"font-weight: 400;\">but<\/span><\/i><span style=\"font-weight: 400;\"> exciting. Using benefits shouldn\u2019t be a painful experience, and understanding coverage shouldn\u2019t be an exercise in futility for the average employee. And yet, it all too often is!\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Honeybee helps breathe back life into employee benefits so that employers can offer benefits worth getting excited about. With its <\/span><a href=\"https:\/\/www.honeybeebenefits.com\/benefits-app\/\"><span style=\"font-weight: 400;\">industry-leading app<\/span><\/a><span style=\"font-weight: 400;\">, Honeybee digital benefits offers an unparalleled user experience while eliminating many of the frustrations and pain points of traditional employee benefits. What\u2019s more, Honeybee is compatible with all plan types including:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Budgeted ASO\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Traditional insured<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Traditional insured with customization<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Accounts-only (Health Accounts, Allowance Accounts)<\/span><\/li>\n<\/ul>\n<h2><span style=\"font-weight: 400;\">Advisor-Friendly<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">As the key to our success, Benecaid is committed to working with our advisors and helping you satisfy your clients. Budgeted ASO plans on Honeybee can be beneficial for groups of all sizes who:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Have an existing ASO plan<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Would benefit from an ASO plan<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Would appreciate an innovative, tech-forward approach to everyday employee benefits<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Have had, or would like to avoid difficulty in the enrolment and fulfillment process<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Like to take a hands-off approach to administering benefits<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">As always, Benecaid supports our advisors with online enrolment tracking, remote support, and dedicated implementation and servicing teams, all while offering full commission for our advisors.\u00a0<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Learn More About ASO on Honeybee<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Contact a Benecaid Executive Benefits Consultant today at 416-626-8786 or email us at <\/span><a href=\"mailto:sales@benecaid.com\"><span style=\"font-weight: 400;\">sales@benecaid.com<\/span><\/a><span style=\"font-weight: 400;\"> to learn more.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Benecaid is proud to announce that the Honeybee platform now supports budgeted Administrative Services Only (ASO) plans. Budgeted ASO on Honeybee provides businesses an affordable budgeting solution delivered on Honeybee\u2019s sleek, user-friendly proprietary app. <\/p>\n","protected":false},"author":21,"featured_media":22134,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[67],"tags":[],"class_list":["post-22132","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-honeybee"],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/www.benecaid.com\/wp-content\/uploads\/2021\/03\/Untitled-design-1.png","_links":{"self":[{"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/posts\/22132","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/users\/21"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/comments?post=22132"}],"version-history":[{"count":0,"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/posts\/22132\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/media\/22134"}],"wp:attachment":[{"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/media?parent=22132"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/categories?post=22132"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/tags?post=22132"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}},{"id":22118,"date":"2021-02-25T21:55:39","date_gmt":"2021-02-26T02:55:39","guid":{"rendered":"https:\/\/www.benecaid.com\/?p=22118"},"modified":"2021-02-25T21:55:39","modified_gmt":"2021-02-26T02:55:39","slug":"honeybee-benefits-using-deductibles-co-insurance-to-personalize-benefits-infographic","status":"publish","type":"post","link":"https:\/\/www.benecaid.com\/fr\/honeybee-benefits-using-deductibles-co-insurance-to-personalize-benefits-infographic\/","title":{"rendered":"Honeybee Benefits: Using Deductibles &#038; Co-Insurance to Personalize Benefits (Infographic)"},"content":{"rendered":"<p>Deductibles and co-insurance are two fundamental concepts in insurance. The Honeybee platform allows employees to personalize their benefits to fit their unique coverage needs, at no extra cost or effort to the employer.<\/p>\n<p>Honeybee allows plan members to select their own levels of medical, dental, and health deductibles and co-insurance depending on personal needs and anticipated usage. Members who opt for a higher deductible and\/or co-insurance rate due to low expected usage may divert part of their coverage into another area they may desire higher coverage in such as vision, paramedical, or a Health Spending Account.<\/p>\n<p><a href=\"https:\/\/www2.benecaid.com\/e\/141181\/advisors-\/3lbbfr\/457798840?h=hLR1EGK5ui_ANYJL8ldaIIxz4yPvbpBfsMsUEMykEGU\" target=\"_blank\" rel=\"noopener noreferrer\" data-auth=\"NotApplicable\">\u200b\u200b\u200b\u200b\u200b\u200bLearn more about Honeybee&rsquo;s customizable plans<\/a>\u00a0and how they can help your clients. View the infographic below, or click to\u00a0<a href=\"https:\/\/www2.benecaid.com\/e\/141181\/Deductibles---Co-Insurance-pdf\/3lbbft\/457798840?h=hLR1EGK5ui_ANYJL8ldaIIxz4yPvbpBfsMsUEMykEGU\" target=\"_blank\" rel=\"noopener noreferrer\" data-auth=\"NotApplicable\">download the PDF<\/a>\u00a0to share with prospects or clients as a resource to explain how Honeybee choice selection can benefit them.<\/p>\n<p><a href=\"https:\/\/www2.benecaid.com\/e\/141181\/Deductibles---Co-Insurance-pdf\/3lbbft\/457798840?h=hLR1EGK5ui_ANYJL8ldaIIxz4yPvbpBfsMsUEMykEGU\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-22120 size-full\" src=\"https:\/\/www.benecaid.com\/wp-content\/uploads\/2021\/02\/Honeybee-Benefits-Deductibles-Co-Insurance-2.png\" alt=\"\" width=\"800\" height=\"2000\" srcset=\"https:\/\/www.benecaid.com\/wp-content\/uploads\/2021\/02\/Honeybee-Benefits-Deductibles-Co-Insurance-2.png 800w, https:\/\/www.benecaid.com\/wp-content\/uploads\/2021\/02\/Honeybee-Benefits-Deductibles-Co-Insurance-2-120x300.png 120w, https:\/\/www.benecaid.com\/wp-content\/uploads\/2021\/02\/Honeybee-Benefits-Deductibles-Co-Insurance-2-410x1024.png 410w, https:\/\/www.benecaid.com\/wp-content\/uploads\/2021\/02\/Honeybee-Benefits-Deductibles-Co-Insurance-2-60x150.png 60w, https:\/\/www.benecaid.com\/wp-content\/uploads\/2021\/02\/Honeybee-Benefits-Deductibles-Co-Insurance-2-768x1920.png 768w, https:\/\/www.benecaid.com\/wp-content\/uploads\/2021\/02\/Honeybee-Benefits-Deductibles-Co-Insurance-2-614x1536.png 614w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Learn how Honeybee Benefits allow plan members to personalize their benefits using deductible and co-insurance levels. <\/p>\n","protected":false},"author":21,"featured_media":22119,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[67],"tags":[],"class_list":["post-22118","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-honeybee"],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/www.benecaid.com\/wp-content\/uploads\/2021\/02\/Untitled-design-11.png","_links":{"self":[{"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/posts\/22118","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/users\/21"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/comments?post=22118"}],"version-history":[{"count":0,"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/posts\/22118\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/media\/22119"}],"wp:attachment":[{"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/media?parent=22118"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/categories?post=22118"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/tags?post=22118"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}},{"id":22077,"date":"2021-01-20T13:15:50","date_gmt":"2021-01-20T18:15:50","guid":{"rendered":"https:\/\/www.benecaid.com\/?p=22077"},"modified":"2021-01-20T14:46:17","modified_gmt":"2021-01-20T19:46:17","slug":"lean-benefits-affordable-budgeting-solution-for-small-and-medium-sized-businesses","status":"publish","type":"post","link":"https:\/\/www.benecaid.com\/fr\/lean-benefits-affordable-budgeting-solution-for-small-and-medium-sized-businesses\/","title":{"rendered":"Lean Benefits: Affordable Budgeting Solution for Small and Medium Sized Businesses"},"content":{"rendered":"<p>According to a recent study done by <a href=\"https:\/\/www.newswire.ca\/news-releases\/nearly-a-third-of-canadian-small-and-medium-sized-business-owners-worry-they-won-t-survive-a-second-wave-kpmg-in-canada-poll-813926395.html\" target=\"_blank\" rel=\"noopener noreferrer\">KPMG<\/a>, a staggering 54% of Canadian small and medium-sized businesses admit that their current number one focus is survival.<\/p>\n<p>As small and medium-sized businesses remain heavily impacted during COVID-19, advisors have a chance &#8211; and a responsibility &#8211; to help clients that fall into this category using their expertise in group benefits.<\/p>\n<p>Traditional group benefits plans have now become a burden as many businesses worry about cash flow, budgeting, and trying to stay lean. To add insult to injury, many businesses have seen low usage in their benefits since the start of pandemic, with many employees putting off routine visits to dental and health practitioners. This leaves many employers who are already struggling stuck paying for virtually unused benefits.<\/p>\n<p>Benecaid\u2019s FlexStyle is a unique ASO plan type designed to help small and medium-sized businesses during times when budgets are tight.<\/p>\n<p>FlexStyle offers an affordable, budgetable solution with built-in protection from large, unexpected claims, and even <strong>offers businesses a return on any unused funds at the end of the year<\/strong>.<\/p>\n<p>Learn more about the FlexStyle product and how it can help your clients.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-22096\" src=\"https:\/\/www.benecaid.com\/wp-content\/uploads\/2021\/01\/Lean-Benefits_-Affordable-Budgeting-Solution-for-Small-and-Medium-Sized-Businesses.png\" alt=\"\" width=\"800\" height=\"2000\" srcset=\"https:\/\/www.benecaid.com\/wp-content\/uploads\/2021\/01\/Lean-Benefits_-Affordable-Budgeting-Solution-for-Small-and-Medium-Sized-Businesses.png 800w, https:\/\/www.benecaid.com\/wp-content\/uploads\/2021\/01\/Lean-Benefits_-Affordable-Budgeting-Solution-for-Small-and-Medium-Sized-Businesses-120x300.png 120w, https:\/\/www.benecaid.com\/wp-content\/uploads\/2021\/01\/Lean-Benefits_-Affordable-Budgeting-Solution-for-Small-and-Medium-Sized-Businesses-410x1024.png 410w, https:\/\/www.benecaid.com\/wp-content\/uploads\/2021\/01\/Lean-Benefits_-Affordable-Budgeting-Solution-for-Small-and-Medium-Sized-Businesses-60x150.png 60w, https:\/\/www.benecaid.com\/wp-content\/uploads\/2021\/01\/Lean-Benefits_-Affordable-Budgeting-Solution-for-Small-and-Medium-Sized-Businesses-768x1920.png 768w, https:\/\/www.benecaid.com\/wp-content\/uploads\/2021\/01\/Lean-Benefits_-Affordable-Budgeting-Solution-for-Small-and-Medium-Sized-Businesses-614x1536.png 614w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/> <img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-22097\" src=\"https:\/\/www.benecaid.com\/wp-content\/uploads\/2021\/01\/Untitled-design-7.png\" alt=\"\" width=\"800\" height=\"1600\" srcset=\"https:\/\/www.benecaid.com\/wp-content\/uploads\/2021\/01\/Untitled-design-7.png 800w, https:\/\/www.benecaid.com\/wp-content\/uploads\/2021\/01\/Untitled-design-7-150x300.png 150w, https:\/\/www.benecaid.com\/wp-content\/uploads\/2021\/01\/Untitled-design-7-512x1024.png 512w, https:\/\/www.benecaid.com\/wp-content\/uploads\/2021\/01\/Untitled-design-7-75x150.png 75w, https:\/\/www.benecaid.com\/wp-content\/uploads\/2021\/01\/Untitled-design-7-768x1536.png 768w, https:\/\/www.benecaid.com\/wp-content\/uploads\/2021\/01\/Untitled-design-7-500x1000.png 500w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Benecaid&rsquo;s FlexStyle is a group benefits plan designed for lean small and medium-sized businesses in Canada: affordable and budgeteable, predictable.<\/p>\n","protected":false},"author":21,"featured_media":22079,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[33,9,50],"tags":[],"class_list":["post-22077","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cost-stratgies","category-group-benefits","category-small-business-benefits"],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/www.benecaid.com\/wp-content\/uploads\/2021\/01\/Untitled-design-5.png","_links":{"self":[{"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/posts\/22077","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/users\/21"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/comments?post=22077"}],"version-history":[{"count":0,"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/posts\/22077\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/media\/22079"}],"wp:attachment":[{"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/media?parent=22077"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/categories?post=22077"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/tags?post=22077"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}},{"id":22049,"date":"2020-11-26T14:53:00","date_gmt":"2020-11-26T19:53:00","guid":{"rendered":"https:\/\/www.benecaid.com\/?p=22049"},"modified":"2022-07-26T13:51:05","modified_gmt":"2022-07-26T18:51:05","slug":"benecaid-joins-green-shield-canada-group-of-companies","status":"publish","type":"post","link":"https:\/\/www.benecaid.com\/fr\/benecaid-joins-green-shield-canada-group-of-companies\/","title":{"rendered":"Benecaid Joins Green Shield Canada Group of Companies"},"content":{"rendered":"<div id=\"post-content-metadata\" class=\"clearfix\"><span class=\"post-metadata dt-green\"><em><time datetime=\"2020-11-26T12:30:00Z\">November 26, 2020 07:30 ET<\/time>\u00a0<\/em><\/span>|\u00a0<a href=\"https:\/\/www.globenewswire.com\/news-release\/2020\/11\/26\/2134532\/0\/en\/Benecaid-Joins-Green-Shield-Canada-Group-of-Companies.html\"><strong>Source:<\/strong> Green Shield Canada<\/a><\/div>\n<div><\/div>\n<div><\/div>\n<p><a href=\"https:\/\/www.globenewswire.com\/news-release\/2020\/11\/26\/2134532\/0\/en\/Benecaid-Joins-Green-Shield-Canada-Group-of-Companies.html\">TORONTO, Nov. 26, 2020 (GLOBE NEWSWIRE)<\/a> &#8212; Green Shield Benefits Association, a part of the Green Shield Canada (GSC) group of companies, today announced its acquisition of Benecaid. Combining leading technology solutions and track records of innovation, GSC and Benecaid will leverage their previously individual strengths to collaboratively provide customers advanced solutions in benefits services and products.<\/p>\n<p>\u00ab\u00a0We&rsquo;re excited about the completion of this transaction and advancing GSC\u2019s broader business diversification strategy, specifically in benefits management,\u201d said\u00a0Zahid Salman, President &amp; CEO of GSC. \u201cBenecaid\u2019s track record of service excellence, growth and innovation, including its Honeybee digital platform, make an excellent fit with GSC and will open a new world for our clients and partners to access both traditional and new insurance solutions.\u201d<\/p>\n<p>\u201cI am very excited for all of us at Benecaid as we join the GSC family,\u201d stated Benecaid President and CEO Peter Berczi.\u00a0\u201cThe extensive synergies across platforms, distribution channels and human resources is truly a win-win. Being part of a Canadian success story like GSC, that focuses its energy on serving customers and creating social good, will be very inspiring and rewarding for our team.\u201d<\/p>\n<p>Benecaid\u2019s current leadership team will continue to operate the business under the Benecaid brand, with Peter Berczi and David Katz also joining GSC\u2019s leadership team as part of its benefits management division under the direction of Executive Vice President, Benefits Management and Technology, Rino Rondinone.<\/p>\n<p><strong>For more information:<\/strong><br \/>\nGSC Media Department<br \/>\n1.800.268.6613 ext. 3409<br \/>\n<a title=\"media@greenshield.ca\" href=\"https:\/\/www.globenewswire.com\/Tracker?data=envmjmDWyqgqUZ3PISYvYJ4RNe7R0K9ZQyEIiwFm1AFKa60ufRxi7fZQd5cEaDehmXoYHOg1UB2MepTdW3ePcoGr2tyHFB6GuOsLR4NBvtw=\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">media@greenshield.ca<\/a><\/p>\n<p><strong>About Green Shield Benefits Association<\/strong><br \/>\nPart of the Green Shield Canada (GSC) group of companies, the Green Shield Benefits Association was established in 1987, and continued under the Canada Not-for-Profit Corporations Act (NFP Act) in 2014. The Green Shield Benefits Association is an unregulated, non-share capital, non-profit corporation.<\/p>\n<p><strong>About Green Shield Canada (GSC)<\/strong><br \/>\nGSC is Canada\u2019s fourth-largest health and dental benefits provider, and is uniquely structured as a social enterprise with the purpose of making it easier for people to live their healthiest lives. From coast-to-coast, GSC\u2019s service delivery includes drug, dental, extended health care, vision, hospital, and travel benefits for groups and individuals, as well as administration and benefits management services. Supported by outcomes-based sustainability strategies, advanced technology, and exceptional customer service, GSC creates innovative programs for nearly four million plan participants nationwide.<\/p>\n<p><strong>About\u00a0<\/strong><strong>Benecaid<\/strong><br \/>\nBenecaid has been a leading provider of innovative group benefits solutions for Canadian small and medium-sized businesses for over 20 years. Benecaid\u2019s unique solutions include competitive health, dental and ancillary group benefits, using both fully-insured and self-insurance options to bring a range of flexible solutions to the market through its network of independent licensed insurance advisors. The Honeybee digital benefits platform empowers both insurance advisors and insurance companies by enabling a modern benefits experience for their clients and plan members, with access to the widest selection of progressive, personalized benefits products and services, optimized to meet a company\u2019s unique goals. As a third party administrator for some of the most trusted and recognizable Canadian insurance companies, Benecaid combines deep product knowledge, benefits administration expertise and the latest technologies to provide employers with affordable and sustainable benefits solutions, and their employees with a superior customer experience.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>November 26, 2020 07:30 ET\u00a0|\u00a0Source: Green Shield Canada TORONTO, Nov. 26, 2020 (GLOBE NEWSWIRE) &#8212; Green Shield Benefits Association, a part of the Green Shield Canada (GSC) group of companies, today announced its acquisition of Benecaid. Combining leading technology solutions and track records of innovation, GSC and Benecaid will leverage their previously individual strengths to collaboratively provide customers advanced solutions in benefits services and products. \u00ab\u00a0We&rsquo;re excited about the completion of this transaction and advancing GSC\u2019s broader business diversification strategy, specifically in benefits management,\u201d said\u00a0Zahid Salman, President &amp; CEO of GSC. \u201cBenecaid\u2019s track record of service excellence, growth and innovation, including its Honeybee digital platform, make an excellent fit with GSC and will open a new world for our clients and partners to access both traditional and new insurance solutions.\u201d \u201cI am very excited for all of us at Benecaid as we join the GSC family,\u201d stated Benecaid President and CEO Peter Berczi.\u00a0\u201cThe extensive synergies across platforms, distribution channels and human resources is truly a win-win. Being part of a Canadian success story like GSC, that focuses its energy on serving customers and creating social good, will be very inspiring and rewarding for our team.\u201d Benecaid\u2019s current leadership team will [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[74],"tags":[],"class_list":["post-22049","post","type-post","status-publish","format-standard","hentry","category-benecaid-news"],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/posts\/22049","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/comments?post=22049"}],"version-history":[{"count":0,"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/posts\/22049\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/media?parent=22049"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/categories?post=22049"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/tags?post=22049"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}},{"id":21963,"date":"2020-02-28T16:43:40","date_gmt":"2020-02-28T21:43:40","guid":{"rendered":"https:\/\/www.benecaid.com\/?p=21963"},"modified":"2020-03-03T17:05:28","modified_gmt":"2020-03-03T22:05:28","slug":"nurture-relationship-with-clients-between-renewals","status":"publish","type":"post","link":"https:\/\/www.benecaid.com\/fr\/nurture-relationship-with-clients-between-renewals\/","title":{"rendered":"3 Ways to Nurture your Relationship with Clients Between Renewals"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">If you are an advisor, you\u2019re well aware that the group renewal process is one of the most crucial periods for you to demonstrate value and reinforce the relationship between you and your client. The lead up to a group\u2019s plan renewal is a time to check in with your client, reevaluate their up-to-date needs, and further establish yourself as a subject matter expert.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, if you are only connecting with your clients around renewal time, you\u2019re missing out on opportunities to build stronger client relationships. As the old adage goes, \u201cout of sight, out of mind.\u201d\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">But you can ensure you stay relevant year-round, and even help to identify potential gaps in coverage as they come up, by engaging with your clients year-round. Here are three simple, non-intrusive ways that you can maintain an open line of communication with your clients between renewal periods.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">1. Keep up with your clients on social media<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Connecting with your clients on social media is an easy way to keep in touch throughout the year and stay in-the-know about important company updates. Through social media, you can follow your clients\u2019 official company accounts as well as individual plan sponsors on LinkedIn. This way you\u2019ll keep up-to-date with general company news, as well as the professional lives of your points of contact.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Don\u2019t be afraid to like, share, or comment on their posts if you see something you would like to weigh in on, to support, or to give your congratulations &#8211; that\u2019s the point of social media! Doing so will allow you to stay engaged with your clients and allow them to see that you support their success on a year-round basis.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In addition to reacting to your clients\u2019 social media updates, don\u2019t be neglectful of your own online presence. Social media is often an under-utilized tool for advisors, but taking the time to flesh out your online public image and engage with your audience can often yield dividends in the form of new prospects and clients. An active social media presence can help to solidify your professional credibility over time.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">To learn more about how you can use social media to boost your business, <\/span><a href=\"https:\/\/www.benecaid.com\/advisors-use-social-media-to-boost-business\/\"><span style=\"font-weight: 400;\">read the article here<\/span><\/a><span style=\"font-weight: 400;\">.\u00a0<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">2. Leverage the calendar to check in with clients<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">There are plenty of dates throughout the year that can act as excellent excuses to reach out to your clients. With a bit of research, you can create a low-effort communication plan and make sure their coverage is up to par with their needs. It\u2019s also an opportune time to send reminders, recommend new plan add-ons, and simply educate your clients on how to optimize their company\u2019s use of their benefits plan throughout the year.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Some examples of dates and accompanying messages include:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Bell Let\u2019s Talk (January 29): This is a great time to share thoughts on supporting employee mental health. Do your clients have\u00a0 Employee and Family Assistance Plans (EFAPs)? Do they have appropriate coverage for mental health needs?<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Family Day (February 17): Family is often an evolving concept, especially for plan members who are moving in with significant others, getting married, or having children. Why not suggest to plan sponsors that they take this opportunity to remind employees that if their family has evolved in the past year, they\u2019ll need to declare this in order to make sure their coverage is updated accordingly!<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">March Break (or other peak travel seasons): This is a perfect time to nudge plan sponsors and have them remind their members about best practices related to travel coverage &#8211; before they travel out of country, especially in light of the recent change in <\/span><a href=\"https:\/\/www.caasco.com\/blog\/Insurance\/new-changes-to-ohip-that-travellers-need-to-know-about\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">OHIP travel coverage<\/span><\/a><span style=\"font-weight: 400;\">.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Employee Appreciation Day (March 6): What says employee appreciation more than Lifestyle Spending Accounts to provide employees with lifestyle benefits? Supporting\u00a0 employees\u2019 personal expenses in areas such as wellness, fitness, transportation, and education is a great way for an employer to show appreciation to their employees and promote company culture.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">3. Send out a regular client newsletter<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Taking the time to create and send a brief email newsletter to your clients can be an effective way to nurture your relationship on a regular basis, circulate relevant information and updates, and educate your clients on new plan options and benefits trends.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">We know you\u2019re busy, so we\u2019re not suggesting that your newsletter needs to be fancy or go out frequently; once every other month or every quarter would more than accomplish the goal. Topics your newsletter could cover include:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Relevant industry updates\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">New benefits trends and offerings<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Answers to frequently asked questions\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Links to industry-related blog articles<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">\u201cInsider\u201d tips related to benefits administration<\/span><\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">As an advisor, your business is built upon a foundation of trust in you, your expertise, and the service you provide to your clients. When increasing the frequency of your communications with clients, the key is to focus on being helpful and understanding their needs, while avoiding coming off as intrusive or overly self-promotional. So whether it\u2019s keeping connected to clients via social media, taking advantage of specific dates to reach out to your clients, or issuing email communications, don\u2019t be afraid to find opportunities to stay top-of-mind with your clients and nurture those relationships!<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Here are three ways that Benefits Advisors can nurture their relationship with clients, not just around renewal periods, but throughout the year.<\/p>\n","protected":false},"author":21,"featured_media":21965,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[32],"tags":[],"class_list":["post-21963","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-advisor-tips"],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/www.benecaid.com\/wp-content\/uploads\/2020\/03\/Untitled-design-56.png","_links":{"self":[{"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/posts\/21963","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/users\/21"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/comments?post=21963"}],"version-history":[{"count":0,"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/posts\/21963\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/media\/21965"}],"wp:attachment":[{"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/media?parent=21963"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/categories?post=21963"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benecaid.com\/fr\/wp-json\/wp\/v2\/tags?post=21963"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}]