Category Archives: Disability

EI Premium Reduction

EI Premium Reduction Service Canada allows employers who provide their employees with a short-term disability plan (and if it meets certain requirements), a reduction in their Employment Insurance (EI) premiums from the standard rate of 1.4 times an employee’s EI premiums. … Continue reading

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3 Part Series on Mental Health

We will be launching a 3 part series on mental health issues and how it effects employees in your workplace. Part 1 will be posted on our website next week and a new Part every week afterwards. If you have … Continue reading

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Communicating a Benefits Rate Increase to Employees

Many employer-paid employee benefit plans, where the employer pays 100% of employee benefit premiums, are transitioning to a cost-share arrangement with employees. Costs are increasing and it’s important that everyone is aware of what factors are driving costs to increase … Continue reading

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Top 10 Employee Benefit Facts

The employee benefits industry is constantly changing and it’s important that Benefit Consultants and Brokers are kept current on what’s happening in the group insurance industry. Today,  the ENCOMPASS Team of Consultants attended an excellent education session hosted by Great-West Life – … Continue reading

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Most Serious Injuries Among Working-Age Adults

Some of you may be surprised to learn that the most serious injuries among working-age adults (ages 20-64) are: 29.1% – Sports, Exercise 18.3% – Working at paid job 16.6% – Household Chores 11% – Walking 7.2% – Leisure or … Continue reading

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Why are Disability Premiums Increasing?

Group Insurance Carriers are responsible for ensuring there are enough reserves put aside to pay future disability claims. To ensure reserves are adequate, the industry is seeing an increase in Short Term and Long Term Disability premiums. Factors Impacting Premiums There … Continue reading

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Your Employee Has Cancer

This is news everyone dreads… Unfortunately, the news of a cancer diagnosis isn’t as rare as it used to be.  It seems most everyone knows a working age professional that has been diagnosed with cancer or another critical illness. It doesn’t … Continue reading

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Workers’ Compensation Changes / Free Support for Employers

A Consultant from our office recently attended a session in Kelowna to learn more about the recent amendments to Workers’ Compensation called Bill 14. The facilitator, Philip Levesque, an Adviser with the Employers’ Advisers Office from the Ministry of Jobs, Tourism … Continue reading

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Changes to Critical Illness & Disability Insurance in B.C.

On July 1, 2012, insurance carriers began accepting beneficiary designations for Critical Illness and Disability insurance in British Columbia. In October 2009, amendments to the Insurance Amendment Act were passed by the Legislative Assembly of B.C. – this amendment is … Continue reading

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Commercial Insurance May Provide Employee Benefits Liability

If your business has a Commercial General Liability insurance (CGL) policy, you may have coverage and protection if you make an error or omission while administering your employee benefits plan. Being a Plan Administrator for your Employee Benefits Plan is … Continue reading

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