How Can Small Companies with Just 1 or 2 Employees Get a Good Benefits Plan?
By Letter MSmall businesses play a critical role in Canada’s economy, representing over 98% of all businesses in the country. Yet, many small business owners face challenges in providing their employees with competitive benefits, such as health and dental coverage. Even for micro-companies with just one or two employees, having access to a comprehensive benefits plan can […]
Understanding Self-Funded Health & Dental Benefits: A Comprehensive Guide for Employers
By Michele MactaggartProviding a robust benefits package is crucial for attracting and retaining top talent. However, the cost of offering comprehensive health and dental benefits can be substantial, especially for small to medium-sized businesses, making it difficult to keep up with the competition. Many employers are looking for alternatives that offer more control over costs without sacrificing […]
Managing Costs: Should You Pass Benefit Premiums on to Your Employees?
By Michele MactaggartManaging costs effectively is crucial for the sustainability and growth of any company. One significant expense that often comes under scrutiny is employee benefits and insurance premiums. Employee benefits, especially health insurance, represent a substantial portion of overall compensation costs. With the continuous rise in healthcare expenses, many businesses find it increasingly difficult to bear […]
At renewal time, should I shop out my plan for the best deal?
By Michele MactaggartThe joys of renewal time; when the temptation to shop around for a new plan can be oh-so-alluring. But before you dive headfirst into the world of comparison shopping, let’s take a moment to consider why sticking to your current plan might actually be the smarter move. First things first, let’s talk stability. Switching benefits […]
How can I lower my costs without reducing coverage for my employees?
By Michele MactaggartOne of biggest challenges in finding a benefits plan for an SME is the concept of cost vs. functionality. No two people, let alone an entire workforce, are living the same life, facing the same challenges, or experiencing the same hardships at one time; so how can you as an employer get the most functionality […]
Preparing for Fallout: Disability, Critical Illness, and Life Insurance
By Michele MactaggartEven if you’re not an avid air traveler (thanks, COVID), you likely know what they say when it comes to how to act in an emergency: always put your own mask on first. You’re better off putting your own mask on first so you’re best able to focus on helping others who may need your […]
