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Canadian Benefits
Benefits & Compensation
Canadian Benefits
Exchange ideas about health plans, retirement, work/life benefits, and employee assistance.
We are US company that is expanding into Canada. We plan on hiring very soon and need to know what companies do with offering benefits. I understand they are provincial and employers offer supplementa
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Forums  »  Topic Forums  »  Benefits & Compensation  »  Canadian Benefits

Canadian Benefits

posted at 9/14/2012 2:59 PM EDT on Workforce Management
MV
Posts: 7
First: 5/24/2012
Last: 1/31/2013
We are US company that is expanding into Canada. We plan on hiring very soon and need to know what companies do with offering benefits. I understand they are provincial and employers offer supplemental benefits for medical and RX. Can any share what carriers they use and what are the typical copays, deductibles, co-insurance, etc...Does provincial bennies apply 1st then supplemental as COB? What is typical employee contribution?

Thanks

Re: Canadian Benefits

posted at 9/17/2012 8:59 AM EDT on Workforce Management
Posts: 147
First: 9/21/2011
Last: 2/12/2013
I think there is only one responder here who I haven't seen in a while that is familiar with Canadian laws and benefits. I would suggest posting your question out on the forums at BenefitsLink.  There are some heavy hitters out there especially for very minute benefits questions.

Re: Canadian Benefits

posted at 10/4/2012 3:40 PM EDT on Workforce Management
Posts: 1
First: 10/4/2012
Last: 10/4/2012
In Response to Canadian Benefits:
We are US company that is expanding into Canada. We plan on hiring very soon and need to know what companies do with offering benefits. I understand they are provincial and employers offer supplemental benefits for medical and RX. Can any share what carriers they use and what are the typical copays, deductibles, co-insurance, etc...Does provincial bennies apply 1st then supplemental as COB? What is typical employee contribution? Thanks
Posted by MV



Yes Provincial benefits (MSI) is used first then people use their private plans (employer sponsored group plans). There are many insurers in Canada. Best to speak to a broker and get some quotes. You can pick your own plan design basically for co-pays and coinsurances. In NS typical employer contribution to the plan is 50%.  A typical group plan has Life Insurance, Dependent Life, AD&D.. Health & Dental. You Can also choose to get disability benefits. What Province are you moving your operations into?

Re: Canadian Benefits

posted at 10/18/2012 3:27 PM EDT on Workforce Management
Posts: 1
First: 10/18/2012
Last: 10/18/2012
In Response to Re: Canadian Benefits:
In Response to Canadian Benefits : Yes Provincial benefits (MSI) is used first then people use their private plans (employer sponsored group plans). There are many insurers in Canada. Best to speak to a broker and get some quotes. You can pick your own plan design basically for co-pays and coinsurances. In NS typical employer contribution to the plan is 50%.  A typical group plan has Life Insurance, Dependent Life, AD&D.. Health & Dental. You Can also choose to get disability benefits. What Province are you moving your operations into?
Posted by jennyg32


I am looking to learn about Canadian Benefits.  My employer has a small office in Canada. Do you have any recommedations on how to go about this process?  Books, webinars etc???

Re: Canadian Benefits

posted at 10/22/2012 1:54 PM EDT on Workforce Management
Posts: 39
First: 11/7/2011
Last: 2/4/2013
In Response to Re: Canadian Benefits:
In Response to Re: Canadian Benefits : I am looking to learn about Canadian Benefits.  My employer has a small office in Canada. Do you have any recommedations on how to go about this process?  Books, webinars etc???
Posted by amalone


Your best bet would be to contact a broker specializing in employee group benefits plans.

Forums » Topic Forums » Benefits & Compensation » Canadian Benefits

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