It is a well-known fact that smaller companies pay higher fees than larger companies when purchasing group benefits for their employees. Hosted by The Beneplan Cooperative, join us to learn about strategies and techniques that larger freight forwarders and shipping lines employ to reduce their group benefits costs. Case studies will be shared of other […]
There are many ways that plan sponsors can reduce their premiums without drastically cutting back on group benefits. Here are the most efficient ways to do so. If you have any questions, please call us at 1-800-387-1670 x252.
Most drug manufacturers have a financial assistance program to help subsidize the cost of their drugs for patients who either have a low income, insurance coverage limits, or both. It’s important for you as a plan sponsor to be aware of these so that you can make sure your plan design is appropriately structured to […]
The price which employees pay out of pocket at pharmacies is steadily increasing. Even with a 100% coverage healthcare plan, employees still pay a dispensing fee of up to thirteen dollars, and often there is an additional fee that is not covered by the plan. Where does the additional fee come from? Pharmacies, like all […]
Our paramedical claims manager had a very enlightening discussion with a chiropractor about a insurance fraud scams around compression hose. Compression Hose Fraud is Widespread in Benefit Plans Drug stores are “working out a deal” with some customers who have insurance coverage regarding the compression hose. The member is informed to get a prescription from […]
Many Canadian health benefit plans have coverage for orthotics or orthopaedic shoes. The plans we place through The Co-operators usually cover $300 or $500 for either custom orthotic inserts or custom orthopaedic shoes, which must be dispensed by a foot specialist such as a podiatrist or chiropodist. If you don’t have a benefit plan, or […]
The Ontario government has a drug plan called the Ontario Trillium Drug Program (“Trillium”). This is available to Ontarians who either: do not have drug coverage; or, who have reached the maximum on their drug coverage; or, their drug deductibles are very large compared to their household income. Trillium steps in and help […]