Understanding Excess Coverage and Non-Evidence Maximums

Understanding Excess Coverage and Non-Evidence Maximums

A Non-Evidence Maximum (NEM), sometimes also referred to as a Non-Evidence Limit (NEL) is the highest amount of coverage a plan member can receive without having to complete a medical questionnaire to apply. Another way to think about this is that it is the maximum amount of overage you are guaranteed to receive, subject to your earnings. It is important to note that not all plans...…

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2020 in Review

2020 in Review

What a year 2020 has been! It is hard to believe it’s drawing to a close already. There isn't a single person who hasn't been impacted by the COVID-19 pandemic in one way or another this year, and…

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Digitizing Employee Benefits Administration

Digitizing Employee Benefits Administration

Some industries have taken advantage of distributed workforces for years. Tech companies, for example, have had time to experiment with different ways to effectively manage teams working remotely. Ready or not, 2020 has seen a major shift for many organizations towards having more of their workforce operating off-site. Today’s workplace communication and collaboration technologies like Slack, Zoom, Dialpad and…

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Coronavirus (COVID-19): Information and Links

Coronavirus (COVID-19): Information and Links

In response to the ongoing spread of the novel coronavirus (COVID-19) we have compiled some helpful links that provide information about the Government of Canada’s response to the virus as well as information provided by various insurance carriers. Information about the spread of COVID-19 in Canada can be found on the Government of Canada’s website…

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What is a Spending Account?

What is a Spending Account?

Have you heard any of the acronyms: HSA, PHSP, TSA, LSA, WSA, FSA (yikes)? Or the term "Health Spending Account"? In this article we'll explore what health related spending accounts are and the various types of spending accounts that exist. Employee spending accounts are becoming quite common as a means of supplementing existing employee benefits plans.…

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Eligible HSA Expenses List

Eligible HSA Expenses List

A Health Spending Account (HSA) is a group benefit that an employer can make available to its employees to cover eligible healthcare related expenses. Qualifying expenses are governed by the Canadian Income Tax Act. Need to know if an expense is covered? Checkout this handy table of eligible HSA expenses.…

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