Solutions for Individuals & Small Business Owners
The costs of drugs and medical care in Canada is rising. Protect yourself and your family from the costs associated with unforeseen medical expenses with one of the following plans. Supplemental health and dental plans can fill those gaps and provide you with the protection you need.
As an individual, owner, sole proprietor, or entrepreneur, you can have an affordable benefits plan that provides the right coverage for you and your family. Please reach out if you have any questions!
Zone and Link
Greenshield provides flexible and varying levels of coverage for Health, Drug, Dental and Travel.
As a business owner, combine group insurance for unplanned Expenses with an HCSA for routine expenses.
Manulife offers guaranteed issue plans designed to bridge the gap for members leaving a group plan so coverage is not interrupted.
A Health Care Spending Account (HCSA) is a nontaxable, defined-contribution plan where an employer decides on a yearly amount to provide employees for eligible medical expenses. Because employers set an annual allotment per employee, HCSA’s offer cost-predictability, leaving little room for surprise expenses. Meanwhile, employees gain added flexibility by being free to utilize their HCSA dollars on what matters most to them. *as determined by the Canada Revenue Agency (CRA)
Health Care Spending Accounts
If you are looking for a benefits plan that provides cost containment AND provides flexibility for employees, look no further than spending accounts.
The spending account family includes two products: a Health Care Spending Account (HCSA) and a Personal Spending Account (PSA), also known as a Wellness Spending Account (WSA). Employers determine a set amount to offer to employees for eligible expenses, providing some cost-containment for the benefits plan, while still providing choice to employees.