Group Health Insurance Canada
 Did you know about these 17 great features and options of Group Health Insurance Canada? Group plans have way more features than you might think. There are less insurance companies offering group coverage than there used to be. But they still compete quite intensely for business. As a result there is great deal of flexibility in the marketplace
Group Health Insurance Canada 17 Top Features1. Group Insurance Plans are a Tax write-off for your business
2. Most Group Insurance Brokers offer complimentary insurance and financial advice for employees.
3. Group Long Term Disability too many of your employees wont buy it personally and count on their employer to provide it
4. Gain a competitive advantage in the job market. Having a group plan shows how much you care about your employees and show that you are financially stable
5. Built in Travel Insurance for Emergency Medical
6. Less medical requirements often none to get onto the plan than a personal health insurance policy
7. Health and Dental benefits are received tax free by employees
8. Critical Illness provides a lump sum cash benefit upon diagnosis of a life threatening illness.
9. Health Spending Account a HSA is a special savings account for each plan member who can use the money to cover a broad range of medical and dental care costs
10. Improved physical health through Massage, Chiropractic, Nutritionists
11. Improved Mental Health counseling, psychological care, and EAP available
12. Retiring employees can keep certain benefits regardless of their health
13. Improved loyalty from your workforce
14. Convenient Drug Card for use at pharmacy
15. Lots of choice in plan design
16. Additional life insurance available to employees at a discounted term life rate
17. Spousal and family coverage is available
Did you found these 17 Group Health Insurance Canada Tips useful? Want more info? You can ... ... Return to Group Insurance Canada for more group plan articles. Read the Group Insurance Broker page for information on why to use an independent broker.
Not looking for anything related to Group Health Insurance Canada? Return to Canada Insurance Source for lots of insurance pages.
Note: Keep in mind that insurance licensing, legislation, and policies often vary by province and most certainly by country. Canada Insurance Source is a free information source. So use this site to gain a general understanding of insurance with your own area and situation in mind. This insurance information is general in nature and the policy wordings always take precedence. Make sure you review the "please read" page. |
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