The Smart Plan design of Canadian employees benefits allows employees to unbundle their traditional benefits from life and disability, in order to find greater efficiency and savings. With just over 90 percent agreement, Canadians prefer their state sponsored healthcare over a U.S. type of benefits system. It probably helps that the provincially managed Medicare system is cost effective and simple to maintain also. Regardless of the group health benefits, most Canadian health care costs get funded from income taxes, their are some implications to employee benefit solutions.

When coupling the various employee benefits packages, it could be necessary to have an employee benefit audit to verify compliance with the evolving regulations and best practices. The Canadian Employee Health Benefits Plan can be a w (more…)