Earlier this year, a timely article in Benefits Canada suggested that Aon plc had forecasted an increase in employer-sponsored medical benefits of 7.5% in 2023. At that same time plan sponsors had just been jolted by the release of a similar (8.5%) Ontario Dental Association fee guide increase for 2023. These were disconcerting figures, as health and [...]
Content excerpted from Benefits by Design | Tuesday July 14, 2020 The definition of a beneficiary is simple. It’s an individual, chosen by you, who will receive a monetary payment upon your death. It sounds morbid, we know, but designating a beneficiary is one of the most important steps when enrolling in a group benefits [...]
Reposted from Alexander Holburn Beaudin + Lang LLP An independent contractor is a self-employed worker who serves clients through the contractor’s own business. This status is distinct from that of an employee, who provides services to an employer as part of the employer’s business. Employment law treats independent contractors and employees very differently. Employees enjoy [...]
(From People Corporation Partner Solutions) The proposed Canada Dental Benefit is the first phase of the government’s plan to provide dental coverage to low- and mid-income families. One third of Canadians don’t have dental insurance and, according to a 2018 Statistics Canada report, 39% of Canadians without dental insurance avoided the dentist because of the [...]
In celebration of the 45th anniversary of Benefits Canada (the premiere industry source for employee benefits to senior-level human resources, benefits, and financial professionals) Chris Pryce, CEBS was interviewed for his thoughts on the benefits industry and the changes that have shaped the industry, as well as his guess as to the future direction of [...]
