Group Benefit Plan

A group benefit plan is provided by business to its employees to cover the cost of health services that are generally not covered by provincial government. Group benefit plans typically include health insurance, which covers medical expenses such as prescription medications, routine dental care, eyeglasses and much more.
The purpose of a group benefit plan is to provide comprehensive coverage and financial protection for the members of the group. By pooling together, many individuals, the plan can often offer more affordable premiums and broader coverage options compared to individual insurance policies.
No matter what is the size of your business we can offer group benefit plan tailored to your needs and cost. These benefits can be customised to offer best coverage and make it affordable along the way. You can get group benefit plans even if you have 2 employees.

Benefits for employees:

• Employees can get coverage at a reduced cost compared to most personal plans
• Help protect your employees and their family’s health
• Help reduce financial stress if something happens

Benefits for employer:

• Help improve morale and increase productivity
• Can be less expensive than providing salary increases as there are no additional increases in CPP, EI or Workers’ Compensation rates
• Premiums paid on group benefits can be written off as a business expense
• Maintain a competitive edge in the job market
• Attract and keep key employees