September 17, 2012
by Bruce
0 comments
The effects of the recession are starting to be felt more throughout Canada recently and it will be interesting to see how things progress into the fall. Although the recession has been around for a while, it seems there has … Continue reading
August 8, 2012
by Bruce
0 comments
The Canadian Life and Health Insurance Association (CLHIA) has developed a drug pooling agreement to protect employers with insured benefits from the full financial impact of high cost drugs. In recent years, there has been a significant increase in the … Continue reading
May 29, 2012
by Bruce
2 Comments
Until recently, if you needed or wanted to continue working after age 65 and you wanted disability coverage there was nothing available. No insurance company was offering a disability product. In December 2011 an insurer announced they would now offer … Continue reading
May 17, 2012
by Bruce
4 Comments
Disability insurance replaces a portion of your income if you become disabled from an accident or sickness. Why Do I Need Disability Insurance? People are unaware of the startling disability statistics. Often they have purchased life insurance to protect their families … Continue reading
May 1, 2012
by Bruce
1 Comment
As personal tax time closes for the year, now may be the time to start looking at your corporate year end. This could lead you to review your tax structure, and how your personal income is received, ie. T4 or … Continue reading
March 28, 2012
by Bruce
5 Comments
Drug Formulary – plain and simple is the number and type of drugs covered by your benefit plan. You can provide prescription coverage for your employees that would cover everything, but depending on your insurance provider you could pay a … Continue reading
March 22, 2012
by Bruce
3 Comments
We all know times are tough and looking for a way to cut expenses is a continuous battle! In order to help you save money we are advising you that your employee benefit plan can be reviewed any time between … Continue reading
March 6, 2012
by Bruce
4 Comments
Changing group insurance companies will happen for some employers every so often. Most businesses move to a new insurance company because they can save money and in today’s economy insurance companies understand that. When changing insurance providers it is very important that … Continue reading
January 10, 2012
by Bruce
1 Comment
As private group benefit plans rates are increasing in some markets, we are seeing (at times) substantial rate increases in Long Term Disability. Below are some examples of why this is happening: The Long Term Disability market is experiencing a significant increase … Continue reading
January 10, 2012
by Bruce
1 Comment
From the state of the economy to the implementation of drug reform legislation and prolific genericization of branded products, there has been much speculation about the impact that biologic drugs will have on private plans. Less than five years ago, … Continue reading