The Latest In Employee Benefits – Drug Claim Trends
3 min read Did you know that 25% of all drug spend in employee benefits plans is on diabetes, inflammatory conditions, and depression? We’ve been keeping our eye out for some of the latest drug claim trends and have seen some interesting numbers come out in the last few months. When looking at the breakdown of drug claims […]
What Happens When An Employee Goes On A Long Term Disability Claim
2 min read Over the last couple of years, we’ve seen a rise in Long-Term Disability (LTD) claims in employee benefits plans. If an employee goes on LTD, you might be wondering what happens to their benefits coverage. Here’s what happens to an employee’s benefits coverage when they go on LTD. 1. Long Term Disability Claim Waiver of Premium Insurance […]
How EI Changes Impact Your Benefits Plan
2 min read We’ve been getting a lot of questions about recent changes to sickness benefits in the Government of Canada’s Employment Insurance EI program and employee benefits. Some employers include short-term disability insurance in their employee benefits plan. Others rely on EI sickness benefits to cover an employee’s leave up until long-term disability kicks in on the […]
Hot Topics with Benefits Plan Advisors
3 min read Wondering what’s most talked about among benefits plan advisors and what they’re especially concerned with these days? In our last post we covered key stats from the 2022 Benefits Canada Healthcare Survey and shared trending employee benefits plan concerns for employers. While that survey focuses on feedback from plan administrators and members, NMG Consulting’s Canadian […]
Departing Employee? What Happens Next
3 min read Did you know that most employee benefits plans include an option for benefits conversion when an employee leaves the organization? With an aging workforce and more employees approaching retirement, it’s important to be aware of the options for someone when they are leaving a company. And it’s not just for someone retiring – whether a […]
What Makes an Employee Benefits Plan Stand Out
3 min read We recently talked about how employee benefit plans in Saskatchewan can help you win the talent war by attracting, recruiting, and retaining the best people. Today let’s take a deep dive into some of the features of a benefits plan that we explored in our last post. Here are some of the most competitive types […]
Changing Employee Benefits Providers Is Easier Than You Think
2 min read Are you dissatisfied with your current employee benefits provider? You don’t need to stick with them if you’d like to make a change. It’s a common misconception that changing employee benefits providers is a difficult process or even impossible if your program is not up for renewal. The truth is, you can make a change […]
Why preventive Employee Health and Wellness Matter
3 min read We’ve talked a lot recently about how workplace culture and employee well-being can have an impact on your employee benefits plan. Happier and engaged employees are less prone to fall ill when employers address any physical or mental health issues early on. Having a positive work culture that encourages open dialogue about mental health will […]
Mental Health – Building Workplace Awareness
3 min read Mental health is a topic that’s being talked about increasingly and it’s important to recognize that it is a valid situation that employees may encounter at some point in their life. Between the challenges of finding work life balance, personal issues or trauma, stress at work, or any other number of concerns, we’ve seen an […]
The Sask Health Drug Plan – What You Need to Know
3 min read The Saskatchewan Drug Plan is a program available to all residents in the province. However, many people do not even know it exists. In this plan, Sask Health steps in to pay for a percentage of a Saskatchewan resident’s prescription drugs. The amount paid is based on their annual income. A family or individual qualifies […]
