Strategic Plan Design:
- Our review will uncover any inefficiencies or gaps in coverage to ensure you are getting the best return on investment while ensuring the appropriate levels of protection for your company and your employees.
- We offer diverse funding arrangements to meet your objectives, including Cost Plus, Spending Accounts, Administrative Services Only (ASO), Hybrid-Plans, Retention Accounting as well as traditional Prospectively Rated plans.
- With the rising cost of drugs, we can offer a variety of strategies that can protect your firm from volatile pricing fluctuations and divert the cost of claims where possible.
- We can optimize your absence management plan to integrate with your insured benefits as well as with government programs including Worker’s Compensation (WSIB), Employment Insurance (EI) & Canada Pension Plan (CPP).
- A Benchmark review can you understand how your company's Benefits Plan stacks up against your industry peers.
Tax Efficiency Planning:
- Your Benefit Plan can be a great way to minimize income taxes as well as payroll deductions for your company and for your employees. Many employers don't take full advantage of the favourable treatment given to employee benefit plans. We can help you identify the optimal cost sharing and premium sharing arrangements so that you get the most from your plan.
Sustainable Cost Containment:
- In the Canadian benefits marketplace today, obtaining competitive quotes for your plan can be a confusing exercise. Many insurers will attempt to lure employers with artificial savings in the short term, resulting in pricing volatility and rarely resulting in savings over the longer term. We pull back the curtain on the insurer's pricing models to make sure you understand what savings are sustainable and what savings you will have to pay for later.
Third Party Administration (TPA):
- Through our strategic partnerships, we can provide you with access to Third Party Administration services that combine the best-in-class combination of products and pricing from different providers onto one administration and billing platform.