How plan sponsors are really stepping up on behalf of their members In this digital dimension we are now immersed in, web-based mental-health care is rapidly becoming more advanced and is catering to the evolving needs of the modern workforce. With studies suggesting that up to 70% of doctors’ visits can be handled virtually, online health-care [...]
Both accident benefits and critical illness benefits are taxable as of Jan. 2013. As per the Federal Budget released in March 2012, and the Notice of Ways & Means motion on October 15, 2012, employer contributions to group accident benefits and sickness insurance plans will be a taxable benefit to employees across Canada beginning January 1, [...]
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 [...]
