From Equitable Life group communications - Sept. 2, 2021 Ontario optometrists may begin withdrawing eye services covered by OHIP after talks with the provincial government broke down over funding for their services. The head of the Ontario Association of Optometrists indicated that optometrists will contact affected patients to cancel appointments and place them on waiting [...]
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Chris Pryce of Human Capital Benefits was chosen to attend a council meeting with selected advisors/consultants, pharmacy and drug manufacturers to review presentations on evidence informed decision making through the Private payer lens, plan sponsor obligations and pharmacogenics. There will be a report published for Benefits Canada in Summer 2021.
By: Lauren Bailey March 31, 2021 Benefits Canada (interview of Chris Pryce) 8731364 - binoculars telescope looking milan panorama from the roof of the duomo cathedral, lombardy, italy It’s easy for employers to focus less on table-stakes benefits offerings like vision care when there’s the the coronavirus pandemic to contend with. But, experts [...]
In 2020, plan sponsors benefited from Covid-19 induced reductions in dental claims, that because of closed dental offices during the initial pandemic closures, resulted in an overall reduction of some -10% to -15% in claims activity. So, in 2021, the Canadian Dental Association is doing its best to help offset some of that lost revenue [...]
Do you share the cost of your benefit plan (through payroll deduction) with your employees? Employees who share the cost of their health and dental premium are entitled to claim their contribution amount on their annual tax return. The portion deducted from employees should be reported annually in box 85 on your employees T4. The [...]