Monthly Archives: May 2012

Healthcare Costs – National Pooling Protection Plan for Catastrophic Drugs

2018-04-17T15:55:46+00:00

To manage healthcare costs for catastrophic events, the CLHIA (Canadian Life and Health and Insurance Association) announced an agreement that calls for participating carriers to pool eligible drug claims in excess of a stipulated amount and to set customer premiums without including these pooled claims. For Plan Sponsors who have been impacted by employees/members who [...]

Healthcare Costs – National Pooling Protection Plan for Catastrophic Drugs2018-04-17T15:55:46+00:00

Taxable Benefits now Include Accidental Death, Dismemberment and Critical Illness

2018-04-17T15:55:46+00:00

Taxable benefits in 2013 include accidental death and dismemberment and critical illness. Following the announcement of the federal government on March 29, 2012, employer-paid premiums for Accidental Death and Dismemberment (AD&D) and for Critical Illness (CI) insurance will become taxable benefits to employees across Canada. Premiums paid after March 29th, 2012 will be used to [...]

Taxable Benefits now Include Accidental Death, Dismemberment and Critical Illness2018-04-17T15:55:46+00:00