Credit Card Travel Insurance

Will My Card Cover My Travel’s? If you decline travel insurance because you already have coverage through your credit card or employee group benefits, you don’t have the level of coverage that you think you do: Does the coverage meet your trip needs? What’s the maximum amount of travel insurance coverage? Do you need to book your […]

Provincial Health Plan Coverage While Traveling

Does Your Provincial Health Plan Cover You? Often, people assume their provincial health plan covers them for accidents or medical emergencies while traveling out of country. Little do they know that provincial health plans regularly cover less than 10% of all costs!   Did you know… A one-night stay in a US hospital costs an average of[…..]

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[…..]