Beneplan is proud to be introducing an exciting new plan option called the Reformulary drug plan.
The lucky residents of beautiful British Columbia are entitled to join the BC PharmaCare program, under the Ministry of Health. How does it synchronize with your group benefits plan? First, understand how PharmaCare works:
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 […]
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 […]