Standard Life Group Benefits

Doctors demand action
Employee health costs are going up,
Standard Life may have the solution.

Standard Life‘s group benefit policies provide health and dental care, drug plan solutions, travel assistance, life insurance, accidental death and dismemberment insurance, multi-national pooling, flex solutions, and solutions for small businesses.

A key component of any group benefit package is the health care component of the plan. According to a recent article in the National Post, the provinces are edging ever closer to spending 50% of their annual budget on healthcare costs, and in 2010, Canada spent more on public healthcare bills than the entire GDP of the Ukraine.

A Benefits Canada article was quoted saying that “overall healthcare costs for Canadian employer plans are expected to rise 15% in 2010 which is the highest growth rate in five years. The rising costs are being attributed to the rising cost of pharmaceuticals which represents about 60% to 70% of health expenditures.”

Standard Life’s health care provisions are among the most flexible and comprehensive in the industry. Their plans cover prescription drugs, including pay direct and deferred payment drug cards, hospitalization, semi-private or private rooms, nursing care, home care, and paramedical services, including chiropractic, speech therapists, physiotherapists, podiatrists, and and psychologists.

For more details on group benefit solutions in Canada, please contact us at 1-866-899-4849 or visit our Group Benefits Online Quote Page.

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