When you are working within a company, depending on the job that you are handling, there are specific requirements that you have to follow. When you have to work on projects that could be physical and challenging projects, like roof repairs and similar work, the company usually gets its employees insured. If they do not, and there was an accident, they would have to pay for it out of pocket. Additionally, clients usually want to work with companies with some insurance plans for their employees in place, so there is no liability in case of any issues.

Having the right insurance provides peace of mind when dealing with unforeseen circumstances that can cause physical or financial damage. However, it’s essential to work with the right professional before purchasing insurance coverage. In this way, you gain access to expert advice and individual assessments of your business insurance needs.

Biologic drugs remain the subject of tremendous interest, not only because of their potential to deliver notable health outcomes for serious conditions, but also due to the cost impact they can have on plans.

The introduction of biosimilar drugs for select reference biologic drugs has resulted in notable transparent price differences, with the biosimilars being the more economical choice.

To maintain productivity in the office and secure a team of efficient, satisfied employees, many business owners are exploring employee benefits packages or group health insurance plans.

The shift from the need for stability to work-life satisfaction has led to a work culture where an unsatisfied employee will not hesitate to move to a new firm. For small and growing companies especially, the need to retain a talented, happy workforce has become a growing problem. As a result, many are exploring the realm of employee benefit plans.

A satisfied employee is most likely to be a hardworking employee, while an employee that feels underappreciated is likely to switch companies. To maintain their competitive edge and to retain employees, companies provide various non-wage benefits to them. Employee Benefit Plans are one such medium of showcasing gratitude and recognition.

Good talent is hard to find and harder to retain, with large companies offering attractive benefits and higher pay scales, it’s become difficult for small businesses to hold on to their best employees. By investing in your employees by providing benefits like company pension plans, critical illness insurance, dental coverage, life insurance, etc., you can give them reasons to remain loyal to your company.

Heads up! The Ontario government has made changes to OHIP+ under the Ontario Drug Benefit Program (ODB) starting April 1, 2019

In February we shared with you that the Ontario government was making changes to OHIP+ under the Ontario Drug Benefit Program (ODB). This program was implemented on January 1, 2018 and provides drug coverage for individuals who are covered by OHIP and are 24 years old and under.

Thanks for stopping by our blog. If you’re looking for more information about Gene Meyer Insurance Agencies Ltd., you’ve come to the right place.

I’m Gene Meyer, proud owner of Gene Meyer Insurance Agencies Ltd.

I look forward to sharing my story. I hope that you will enjoy getting to know me better.

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