MP Benefits Perspective
Since 2001, MP Benefits Inc. has operated as an independent group benefit consultant, specializing in designing strategic employee group benefit plans to align with the corporate, compensation, culture, and wellness policies of each corporation.
Productivity
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Consulting
Living on an Island
If you can indulge me for a moment … close your eyes … Picture an island in the Pacific during World War II … the rugged coastline extends nearly 1,600 miles with a major mountain range cutting through the centre. At least three countries claimed strongholds on this...
Why Specialize
Something to consider…in my professional existence, I have always been a group benefits specialist. Although I am educated in money matters, individual insurance, financial planning, that is not where I shine and therefore, I leave those elements to those...
Understanding Drug Pooling
How are the pharmacy claims addressed for employee treatments of consistent, on-going, expensive drug treatment, which runs anywhere from $40,000-$80,000 a year? A portion of the claim falls under the experience of the benefits plan, but the vast majority is “pooled”...
Benefits
Alberta and Bill C-45
Alberta’s legislative framework, and the Federal Government’s Bill C-45, the “Cannabis Act” concerns the legalized recreational use of cannabis and how it will affect businesses and the economy. Bill C-45 is accompanied by Bill C-46, An Act to amend the Criminal Code...
How did we get here?
Whether important or not to know which privately owned company took the first step into the great divide and purchased an insured benefit plan for their employees, what is important to know is “why”. From the first policy purchased to now, one thing remains intrinsic;...
Excluding Medical Marijuana from Benefit Coverage
Medical Cannabis continues to be a hot topic of conversation for employers. Information and misinformation continues to circulate with growing and greater frequency. Earlier this year, the Nova Scotia Court of Appeal confirmed that an administrator of a benefit plan...
Compensation
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Culture
Overcoming Fear of Failure
Even the most senior CEO can become “paralyzed” by fear of failing. This is not unique to people new to business. Engaging in a new endeavour can cause concern about the quality of performance. Does that mean business professionals should stick to the status quo?...
Employee Retention
For every dollar paid in salary, it costs typically twice that-sometimes more-to recruit, hire, and retrain for an employee who has left. So, here you go again...you’ve done everything right to recruit the best candidate who is going to take the business to the next...
Centre’s of Influence
You can’t track, what you DO NOT measure. In talking about becoming a Centre of Influence (COI), first examine what makes YOUR business different from not only the competition, but also fellow networkers. Consistency matters. Not just for establishing a Centre’s of...
Wellness
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