Increase in EI maximum insurable earnings affects STD plans

The federal government announced the 2019 Employment Insurance (EI) premium rates and maximums. New rates effective January 1, 2019 Maximum insurance earnings $ 53,100 Maximum EI benefit $562 This increase affects Short -Term Disability plans where: • Maximum STD benefit is based on the EI maximum weekly benefit ($562 for 2019) • The EI maximum earnings amount […]

Managing Cannabis In The Workplace

Recreational cannabis is now legal. Studies show that many workplaces are not yet ready to successfully manage it. You can navigate the murky waters with the following resource provided through BBD. “Managing Cannabis in Your Workplace” This booklet outlines the employer’s obligations as it relates to cannabis (both medical and recreational) and addresses the most common questions[…..]

Biologic Drugs and Biosimilars – Here’s What You Need to Know

Biologic drugs can be life saving when plan members or their dependents become ill, but they can also be incredibly expensive, driving up the cost of your benefits plan. But what if there was a less expensive, yet highly effective solution? That’s where biosimilar drugs come in. Biosimilars offer similar benefits as their native biologic, but at[…..]

Highlights from the Ontario Budget 2018

On March 28, Finance Minister Charles Sousa announced the Ontario 2018 budget. With a provincial election scheduled for June, the initiatives announced are likely dependent on the current government being re-elected. Here are a few highlights that may affect group benefits: 1. Expansion of OHIP+ to seniors 65 and older – August 2019 OHIP+ expands to include[…..]

Ontario Human Rights Tribunal

Ontario Human Rights Tribunal interim decision rules that it is discriminatory to deny group benefits to employees 65 and older. A case between an employee and employer was recently brought before the Ontario Human Rights Tribunal. The case related to the termination of health, dental and life insurance group benefits at age 65. In an interim decision[…..]

Bill 127, Stronger, Healthier Ontario Act

Bill 127, Stronger, Healthier Ontario Act includes changes to the Workplace Safety and Insurance Act, 1997 (WSIA) to allow compensation for work-related chronic mental stress under the Workplace Safety and Insurance Board (WSIB) if certain conditions are met. People with chronic mental stress with an accident date on or after January 1, 2018 must meet three conditions[…..]