Wednesday, March 27, 2013 Please save this date in your calendar for the 2013 Beneplan Co-operative (Multi-Employer Health & Life Benefits Trust) Annual General Meeting. The Westin Bristol Place Hotel 950 Dixon Road Toronto ON M9W 5N4 View Larger Map Meeting commences at 3:30pm Cocktail reception at 5:30pm Dinner is served at 6:00pm This is […]
Rates on stop-loss insurance are increasing as of 2013 renewals. Stop-loss is the portion of your premium which accounts for the pooling portion of your extended health care coverage. In English, that means the reinsurance you pay so that if one of your employees has a claim that goes above $10,000, the insurance company absorbs […]
Most insurance companies pay claims based on the reasonable & customary (“R&C”) amount of that service. This means that fair market pricing is employed. This means that your plan members will be reimbursed only the R&C amount of the claim they submit. For example, if a plan member decides to go to Elmwood Spa in downtown […]
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