by Mariah Downing | Sep 16, 2020 | Benefits, Insurance & Taxes
Many people think that group benefits are insurance. This is a common mistake. Does this scenario sound familiar? Your business has grown. You decide to look into getting benefits. You contact an insurance agent and they get you some quotes. One of the quotes stood...
by Dale Campbell | May 4, 2020 | Benefits, Insurance & Taxes
First of all, there are a lot of insurance packages out there, for individuals and for groups. So, which should you choose? We are going to talk about what the benefits of group insurance are for you as employees and employers. Although the government sponsors many...
by Dale Campbell | Dec 4, 2019 | Insurance & Taxes
Insurance & Taxes What is a Target Loss Ratio? Target Loss Ratio(TLR) is the amount of premium the Group Benefits provider grants to the payment of claims. It is also referred to as the Acceptable Loss Ratio How TLR is Determined It is primarily determined by the...
by Dale Campbell | Nov 27, 2019 | Insurance & Taxes
Web Dev The federal government announced its annual revisions to Employment Insurance (EI) maximums and premium rates. Regarding Employment Insurance revisions Clear Benefits would like to help plan sponsors and their members understand the changes that will affect...
by Dale Campbell | Jul 5, 2019 | Claims, Insurance & Taxes
The Ontario government has announced that effective April 1, 2019, OHIP+ Children and Youth Pharmacare will only be available to those Ontario residents under the age of 25 that do not have private insurance drug plans. Starting Apr. 1, 2019 Prescription drug coverage...
by Dale Campbell | Apr 15, 2019 | Insurance & Taxes
The federal government announced its annual revisions to Employment Insurance (EI) maximums and premium rates. Effective January 1, 2018, the following changes will affect Short Term Disability (STD) volumes and premiums: This change affects your STD plan if: The...
