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Jason-Julian-Group-Health-Insurance

The Ins and Outs of Group Health Insurance

Bio I have been in the Financial Services industry for 27 years. I started in the banking sector in 1991 for Canada Trust in Hamilton later to begin an Insurance career as an agent with Prudential of America in 1995. The majority of my selling career was spent in Hamilton Ontario at one of Canada’s leading brokerages, Dan Lawrie Insurance Brokers Ltd. where I spent 11 years building my practice. I grew a client base to over 2500 as ...
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Top Employee Benefit Companies in Canada

Once a year Benefits Canada releases a report on employee benefits coverage in Canada. These figures represent the top Canadian benefits providers. Changing demographics, expensive prescription drugs and an increase in chronic diseases at various states have put a strain on group benefits paid for by the employer. Financially strapped companies must focus on remaining competitive in their field and lowering operating costs, while still retaining a competent workforce. To be a top ...
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7 Tricks to Reduce Group Insurance Rates for Small Business

Health insurance is a double edged sword for most businesses but more so for small businesses with a limited cash flow. On the one side, it’s a major expense just to be able to do business. On the other, it’s not something they can do away with if they want to keep key employees. The best employees know the importance of health care benefits and if it gets cut, they’ll leave and work for another business that has a package in place. Employees are the most valuable part of a business, ...
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medical marijuana health insurance

Should Medical Marijuana Be Covered Under Private Health Insurance Plans?

Medical Marijuana Could Be The Next Drug Covered By Extended Health Insurance Plans Marijuana legalization has been a major political talking point in Canada recently. But, what many people don’t know is that marijuana use for medical purposes has been legal in Canada ever since 2000, when a landmark court ruling struck down the prohibition of medical marijuana. The use of marijuana, also known as cannabis, as a medicinal drug dates back centuries in many cultures. More recent ...
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SSQ Launches Group Insurance Feature

SSQ Launches Group Insurance Feature

SSQ Financial Group recently launched a group insurance feature that, for the first time, compensates employees who take time off to take care of a terminally ill loved one. The feature is being offered on all group insurance plans that include short-term disability coverage and is the perfect companion to what the person would receive from employment insurance — 55% of their salary. “We supplement what employment insurance offers,” Carl Laflamme, senior vice-president, group insurance ...
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Benecaid’s Small Business Benefit Plan

Benecaid’s Small Business Benefit Plan

Marla Schwartz, President and CEO of Benecaid, takes us through its Guaranteed Small Business Benefit Plan. Benecaid, a Toronto-based health benefits provider, serves about 60,000 Canadians, but where the company really shines is in what it's able to provide small to medium business owners. Benecaid's Small Business Benefit Plan offers health coverage for the employees of business owners and entrepreneurs, with plans typically covering 25 to 100 lives in one company. "We have ...
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Benecaid: A Unique Group Insurance Renewal Process

Benecaid: A Unique Group Insurance Renewal Process

Marla Schwartz is the Presidentand CEO of Benecaid, a health benefits company with a unique approach to renewals. Benecaid is a Toronto-based health benefits company founded in 2000. What separates Benecaid from the other group health insurance providers in Canada is the way that they handle renewals. With that in mind, LSM Insurance sat down with Benecaid President and CEO Marla Schwartz to talk about what makes Benecaid's renewal process different than their competitors. "Our ...
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Group Insurance’s Rising Health Care Costs a Concern

Group Insurance’s Rising Health Care Costs a Concern

Rising health costs are becoming a concern for many companies. The number one priority for most employers in 2014 is controlling medical costs under their group plans, reports Benefits Canada. An annual survey on compensation trends and projections from Morneau Shepell -- a firm dedicated to helping companies improve their financial security, health and productivity -- shows that 68% of responding companies worry about their health care costs in the upcoming year. This is up from 45% ...
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Group Insurance in Canada: Top 6 Carriers

Group Insurance in Canada: Top 6 Carriers

Canada's top group insurance providers can help your employees. Statistics Canada says that almost three-quarters of all Canadian workers (74 per cent) have access to at least one non-wage benefit. Health benefits plans are the most common type of non-wage benefit in Canada. Fifty-nine percent of workers have life and disability insurance, 56 per cent have dental plans, and 51 per cent have supplemental medical insurance. The following are the group plans available from the top six ...
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Maximizing Your Group Insurance Coverage with Cost Plus

Maximizing Your Group Insurance Coverage with Cost Plus

All group insurance plans have limitations, but the question becomes how do you make the most of your benefit dollars and maximize the value you provide to your employees, while providing the most cost-effective solution for you as an employer? Toronto Group Insurance broker Joel Cadesky believes Cost Plus can provide an effective solution. Let's look at a traditional group insurance plan, which can have limitations on certain benefits, such as paramedical services, which may be capped ...
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