Offer Benefits Plan to Your Employees

Written by News Channel 2 on September 21, 2013. Posted in Benefits employee, Benefits plan, Group health plans

Group benefit plans

The Canadian health system is often considered the best in the world. The system is delivered through a publicly funded system. This makes it mostly free, with most of the services provided by private entities. Additionally, about 30 percent of Canadian health spending come from private sources, including insurance and out of pocket payments. The health insurance system provides health benefits plans that cover surgery and services, including such things as psychotherapy. It also includes visits to clinics and doctors offices, as well as dental offices and laboratory tests.

The Canadian system of health benefits encourages early detection and preventative care. It also encourages citizens to have a yearly physical check up. These procedures can lead to a longer life, as well as a better quality of life. It also reduces overall healthcare costs for the system. Health benefits plans for employees can help them get these services in an affordable manner.

In Canada, 98 percent of all companies are considered to be small businesses with between two and 100 employees. Of these small business owners, 72 percent are concerned about the cost of a health benefits plan or health insurance for small businesses.

There are great options that small businesses can take advantage of. One of these is the Canadian Employee Health Benefits Plan, or CEHBP. This is a plan that provides health benefits and health insurance using a design that guarantees premiums and better health benefits plans for employees. This program is specifically designed for small to medium size business, and is a great alternative.

By providing health benefits plans to employees, employers can help their workforce stay health by providing cost effective health care services through these health benefits. When a company loses anyone to injuries or illness, for even a couple of days, there is an impact on the business. Providing health benefits plans can also attract employees to a business. Benefits are a very important aspect that many potential employees will examine before accepting an offer of employment.

You can find may different agencies and companies that can help you find the best health benefits plan for your company. You can find health benefits programs that will suit your budget and please your employees.

Comments (3)

  • October 24, 2013 at 9:53 am |

    I am a small business owner, and I am very concerned about how much these benefits cost.

  • Madelyn Foster
    June 14, 2014 at 4:02 pm |

    Do the benefits outweigh the costs? Yes, especially if you want to retain employees.

  • July 14, 2014 at 4:03 pm |

    Do the benefits outweigh the costs? Yes, especially if you want to retain employees.

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