MP Benefits Perspective

Did you know that medical cannabis has been legal in Canada since 1999? Outside Uruguay, Canada is the only other country in the world to legalize possession, cultivation, and sale of recreational marijuana nationally. According to Health Canada, there were more than...

Employers Duty to Disclose

It’s all about risk and risk mitigation How about getting that new hire onto the benefit plan? A failure to properly advise a new employee regarding enrolment on the benefit plan can place the corporation in a liability situation. In Grams v. Maple Leaf Metal, an...

Some Answers ARE NOT the solution

In meeting with a prospective client, I was reminded sometimes receiving an answer in no way offers the solution they needed. How many times do we face a situation where: We didn’t know what we didn’t know? Don’t know how to ask the right question to get to the...

Benefits

COVID-19 Mail Disruption … Digital Alternatives

If mail delivery is delayed or suspended, we all need to be prepared. Employers Administration: Use the on-line portals provided by each insurer and benefit provider for billing and reporting. If you are not already signed up for these services, please proceed with...

When the employer inadvertently assumes the insured risk

In benefits, we are all familiar with self-insured benefits and the assumption of risk by the employer. This will typically apply to the day-to-day claims for health, vision, dental care, sometimes pharmacy, up to a prescribed limit of liability. This kind of coverage...

Pharmacy Reform

When government proposes that they have the fix for rising pharmacy costs for the average Canadian within the next decade, color someone who works in the employee group benefit arena skeptical. Why? History. According to Fraser Institute, the median waiting time for a...

Compensation

The Costs of Seniors

“Canada to see a 40% increase in cancer patients by 2013” This Globe and Mail article goes on to report how this staggering statistic is due to the “rising tide of seniors”. In fact, way down the page, the article reveals the incident rates for cancer have held...

Disability Income

When I was younger, I had a conversation my creator and confirmed that when I was placed on this Earth nothing bad would happen to me. I should have gotten that in writing! Despite the lack of an eternal contract, I did have the ability and foresight to plan for “just...

Reasons To Offer A Group Benefit Package

Why offer a group benefit package for your employees when it will: Cost money Offer the opportunity to be abused Not appreciated However, consider this: three in ten Canadians don’t have any individual life insurance and that number doubles when it comes to disability...

Culture

Transformative Benefits

To take a page from the great business leadership coach, Dan Sullivan, when it comes to benefits, our goal would be; If we were to have a conversation three years from today, and you were sitting here looking back over those three years, what has to have happened for...

Knowledge does NOT equal Wisdom

The valuable lessons learned from our clients. Early in my career as an accidental entrepreneur, I felt to gain the clients confidence I needed to wow them with how much research I had completed regarding insurance and specifically employee group benefits that I...

The Enduring Relationship of Time and Money

Recently the discussions around the boardroom table have delved into the deeper “why”. Why do we do what we do? Start with the why, rather than the what and how. Studies of sustainable sales cycles show the relationship between time and money impacts how those hidden...