Group Insurance Benefits
Employee Group Insurance
Benefits Packages in Canada
FOR EMPLOYERS
Employee Group Insurance Benefits
Packages in Canada
Your Employee Group Insurance Benefits are a vital aspect of attracting and retaining qualified staff and staff that value the benefits very highly. Most employees could not afford those benefits without employer sponsorship.
Your company can help provide benefits for your employees.
At Life Hub, we put your short and long-term interests first; that's exactly what we want for ourselves when we buy any product or service.
Top Employee Benefits Packages
You’ll need some expert advice to develop an effective, competitive employee benefits program and that’s where we can help. Drawing from our sister company, we are a leading firm and designer of benefit plans for corporate clients and their employees.
The Best Group Benefits Packages work toward the following goals:
-
Reflect your objectives.
-
Medical and Dental Plans for employees.
-
Retirement plans
-
Long and Short Term Disability
-
Feature effective design and underwriting techniques.
-
Take advantage of the latest advances in technology.
-
Remain cost-effective today and for the future.
-
What is extended health care?Extended health care can be grouped as whatever the government health plans do not cover might be covered in the group health plans subject to the coverage decisions. Typically items like prescription drugs, chiropractors, massage therapists and physiotherapists and more paramedical providers, Vision care, out of country emergency insurance and a variety of covered items are included in extended health care.
-
What kind of Extended Group Health plan is best?There are multiple plan types in group health, insured experience rated, insured pooled and self-insured. All plan types can be good; it just depends on your situation.
-
Who pays the claims?The insurer or service provider pays the claims.
-
How does the claims process work?Claims are progressing faster and faster. From pay-direct drug cards with instant payment at point of sale; online and mobile app claims submission; direct service provider submission; the pace of claim reimbursement is increasing all the time. The percentage paid on a claim is typically a choice made in the plan design by the plan sponsor.
-
What is a health spending account?A health spending account is a set amount of money which can be used to pay for CRA eligible medical expenses.
-
Are extended health benefits a taxable benefit?Extended health benefits are a non-taxable benefit and, due to this tax treatment ,the market has developed around employers providing coverage to its employees. The plans available in the market are generally available to employers at lower prices and better terms than an employee could buy for themselves.
GETTING IT DONE
We also help to integrate the program into your company. This includes:
COMMUNICATIONS
helping to communicate benefits and procedures to employees and administrators;
CLAIMS ASSISTANCE
providing assistance with specific claim issues;
STAYING UP-TO-DATE
keeping you up-to-date with developments and advances in employee benefits;
NEW PLANS
setting up a new plan;
ADMINISTRATION
administration and maintenance of a current plan;
RENOVATION
renovating a existing program.
