An employee opting out of coverage needn’t be a cause of worry because, in most cases, a benefits plan is too good to pass up and employees will prefer to have access to it if they can.
Our traditional Health Spending Account (HSA) allows employers to deposit funds for each employee on a predictable schedule: monthly, quarterly, semi-annually or annually. The company decides how ...
This credit-based Health Spending Account (HSA) allows employers to declare a pre-defined amount per employee and get billed only when claims are submitted. Billing is set up to be weekly, ...
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 benefits. The Employee ...
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 benefits you will ...
Many entrepreneurs think traditional group health insurance is their only option to pay for medical expenses not covered by provincial plans, and are not aware of other option such as a Health ...
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 ASO ...
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 Spending Account (HSA) to offset the costs ...
More and more, we’re seeing HSAs being used as stand alone benefits plans for small groups or those new to benefits. Companies love the budget predictability of an HSA while employees love the ...