MP Benefits Perspective
Consulting
Administrator’s Duties (Part 1)
Very often, we as brokers, are asked “why”, if an employee doesn’t want to pay their portion of the premium or simply don’t want the coverage, do they have to participate on the group benefit plan? In striving to make comparisons easily understood by plan...
What YOU hate about benefits
As an employee benefit broker, I know the number one thing customers HATE about benefits: PAYING FOR THEM In a recent informal survey, respondents—employees and employers alike—outlined their main complaints about benefits: Rates Lack of coverage Wait times for...
There is NO secret sauce
MP Benefits has been around for a long time…and in all that time, I can say I know of no “secret sauce” to what we do. Being focused on employee experience, abiding by the employer’s need for cost certainty, transparency, and open communication, means creating benefit...
Benefits
Questioning Alberta’s Bill 43 and Benefits
While the holistic approach to Alberta’s Bill 43, the “Ensuring Safety and Cutting Red Tape Act, 2020” as it relates to amending the Worker’s Compensation Act seems sound, it does leave some consulting questions regarding its impact to those organizations with a...
PPE | Costs to you
Remember the little rhyme we recite to toddlers to teach them the names of their body parts…fingers and toes…eyes—ears—mouth—and nose. Now, I think this is in reference to remembering all of the Personal Protective Equipment (PPE) necessary for the day-to-day jobs in...
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...
Compensation
The Legalities of Employee Benefits
Let’s me start by stating MP Benefits Inc. is not a law firm, nor are we lawyers. Our insights are gained through observation, related readings, and experiences. Even the most common of situations can create a liability issue for a well-meaning business owner. There...
Death and Taxes
If there’s one thing to know about benefits: It’s all about DEATH & TAXES That’s right. A well-rounded, well-balanced plan will take in account the requirements for the needs of insurance at death, as well as covering off the other “risk” factors: Risk of loss of...
Disability and COVID-19
The following information is relevant and accurate according to the information received at the time of distribution. Always consult with your benefit policy and insurance carrier for any deviations for specific coverages Recovered employees returning to work...
Culture
What’s Missing?
Guidelines, Policies, Procedures for Employee Group Benefits The Benefit Administrator’s Checklist is just the beginning… Who manages your guidelines, policies, and procedures regarding your organization’s employee group benefit plan? Do you even have a policy that...
Benefit Discrimination based on Marital Status
There have been more than a few situations in which spouses who are both employed within the same organization have been declined access to benefits because an employer “thought” they need only offer benefits to one or the other, but not both. This is just one example...
Discretionary Effort
As business owners, we know there is a difference in our hired staff between those who just meet the basic requirements of the position—make do or get by to get paid—and those who maximize what they are capable of and “shine” to become the stars of the organization....
Wellness
Working Challenges
Seems like the whole world is tired and the news never changes. AND, we’re not done yet. Cultivating resilience in the workplace may require some emotional rewiring, accessing outside help, like your employee assistance plan, and being creative in the strategic...
Protection of Wealth
I’m a firm believer that if you set yourself on the right path, you will meet the right people to help you succeed. From this, I remember that with every interaction, I should be able glean a nugget which will help me personally, professionally, or both. This, I am...
Protection of Wealth
I’m a firm believer that if you set yourself on the right path, you will meet the right people to help you succeed. From this, I remember that with every interaction, I should be able glean a nugget which will help me personally, professionally, or both. This, I am...
Client News
Tire Warehouse
More than just tires Everyone knows—or should know—tires make a significant different in the vehicle’s performance. But the Tire Warehouse is more than just tires. With 4 locations in Edmonton, The Tire Warehouse is a leading auto repair shop with services provided by...
Guest Post: Simbio Analytics
Benefit plan advisors of a certain vintage may recall learning in childhood that 3 is the magic number. It turns out this wisdom also applies to firms evaluating whether to initiate a marketing of their group benefit plan. Firms, carriers, and advisors are all...
Pro Works
Warning: Pro Works Painting is passionate about what they do! www.proworkspainting.com/what-we-do/ With close to a decade of of getting the job done right, on time, and on budget, keeping the client in the loop every step of the way, Keiko McPherson has built a...