Recent Articles

How Much Are Ontario Doctors Paid?

How Much Are Ontario Doctors Paid?

There are concerns being raised about a new deal for Ontario’s doctors that was recently announced by the Minister of Health, Eric Hoskins. It has raise a number of issues about how doctors are paid and even whether or not we have too many doctors. The deal, which is being imposed on doctors following the collapse of talks between the province and the Ontario Medical Association, reduces payments to doctors by a total of $580 million over two years. Included in these cuts are reductions in weekend coverage payments and a 2.65 per cent reduction in fees for all medical services.

Time for Taxable Benefits

Time for Taxable Benefits

It’s that time of year to review all of the employee benefits you provide to employees and ensure that you are compliant with all taxable benefit provisions. Such employee benefits as company-paid life insurance and AD&D, in addition to Health and Dental coverage in Quebec and perquisites such as car allowances are all considered taxable benefits.

Flexible Benefit Program Mechanics

Flexible Benefit Program Mechanics

A discussion of each of the different types of Flexible Benefits programs including Add-On, Opt up/down, Modular, Core Plus Options, Flexible (Cafeteria), Health Care Spending Accounts. Adverse selection is defined and a number of options to help reduce or minimize the impact of Adverse Selection within a Flexible Benefits program are outlined.

Reasonable and Customary Fees

Reasonable and Customary Fees

A description of reasonable and customary fees, how they are developed and implemented within Canadian group insurance and employee benefit plans.

Employment Standards

Employment Standards

An outline of Canada’s Employment Standards legislation highlighting the key statutes and standards set both Federally and Provincially as they relate to Canadian employees.

Group Dental Insurance

Group Dental Insurance

A discussion of typical coverage, practices and the practical application of group dental insurance coverage included in Canadian employer group benefit plans.

What is the Life Insurance Conversion Option?

What is the Life Insurance Conversion Option?

The Life Insurance conversion option provides an employee whose group insurance coverage is ceasing to convert their current Basic and Optional Life insurance amount to an individual insurance policy without the need to provide evidence of insurability. To exercise the conversion option, the employee must fill out and return the relevant forms to their group insurance […]

What is Group Insurance and Why Should You Provide it?

What is Group Insurance and Why Should You Provide it?

A discussion of Group Insurance, typical Group Insurance coverage in the Canadian marketplace, the advantages of providing a Group insurance plan and the conditions and elements needed to arrange a Group Insurance policy

What is a Benefits Consultant?

What is a Benefits Consultant?

A benefits consultant is an important intermediary in the group insurance and employee benefits marketplace. If you want to get a better understanding of what a benefits consultant is, how they can help manage your employee benefits plan, the services they provide, and how to go about choosing one, then check out this article.

Underwriting: Fully Pooled

Underwriting: Fully Pooled

Fully pooled is a fully insured underwriting method typically used for smaller groups as well as those benefits that have a low incidence of claim but a high claim amount irrespective of size. Typical for out-of-country and accidental death and dismemberment benefits as well as Basic Life and Long Term Disability for smaller employer groups.