MP Benefits Perspective

Goes around, comes around… Effective communication is not a “soft” skill, but an absolute must in all areas of business. From pitching our product or service to potential customers, to working with centres of influence, to building a referral network, hiring staff and...

Let’s play a game…What? So what?

What do we do and why? Sometimes offering a benefit plan for employees seems like a game. A game of cat and mouse. A game whereby business owners want to check the box of offering a benefit plan to attract employees into the fold, but they don’t get behind the...

Are Benefit Marketing’s for Amateurs?

Too true, and rightly so, business owners deserve the best rates. Always. But at what cost to their coverage and employees? That is an ironic question. As benefit consultants, do we not need to first and foremost ensure the coverage is in place as expected? Consider,...

Benefits

Prevention Tactics

Benefit Plan Audits Employee benefit plans, like other business cogs, can be taken advantage of via fraud or other forms of mismanagement. A benefits plan audit can help employers minimize this risk and ensure the plan is on track to remain sustainable. Some...

What’s the financial impact of the benefit plan to the employees?

Reviewing the numbers When evaluating claims usage on a benefit package, has your consultant ever measured the difference between what has been submitted, compared to what was actually eligible under the terms of the benefit coverage contract, and then to finally what...

The Benefit Volley

Is this also known as “pass the buck”? We seem to have developed an unhealthy methodology in the benefits world…pass the claim. There are multiple levels to choose from: Level one: An employer doesn’t offer a benefit plan to the employee, or limits coverage to...

Compensation

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...

Waiting Periods

If there is one on-going, rampant issue which plagues employers, employees, insurance underwriters and benefit broker/consultants alike, it would be employee “waiting periods” for coverage. In the contract for coverage with an insured underwriter, the question is...

Culture

…because words really do matter

Time has done it again. We mark the close of one year to welcome a new. When considering the message we want to convey moving forward, take a moment to reflect on your word use. Without delving into the impact of words in social media, in any organization, words are...

Sesame Street

Stepping back into childhood and the lessons learned from Big Bird. “Come and playEverything’s A-OKFriendly neighbors there That’s where we meet…” It would be hard to find someone not able to finish the lyrics. Launched in 1969, the creators of Sesame Street...

The Little Vision that could—and DID

Inspiration happens when you allow yourself to “see” things through a different lens. Just when you think you know a place… Vision is sticking to the dream to make it a goal, then a reality, and a triumph over the long term. There is no overnight success…...

Wellness

Working Boundaries

Is building a “Workplace Wellness Culture” even possible when these are three separate and distinct entities of being? Wellness, for instance, is defined as an active process of becoming aware of and making choices toward a healthy and fulfilling life. According to...

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...