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Manitoba Employee Benefits Program

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Manitoba Employee Benefits Program: The Coverage Overview

Manitoba Employee Benefits Program Overview

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Employers in Winnipeg and most other cities in Manitoba compete to attract the best employees. The easiest way an employer in Manitoba can attract quality employees is by offering attractive Manitoba group benefit plan. With the right Manitoba employee benefits program, you will not just ensure that your employees have peace of mind but also the security they need to focus entirely on your business.

Furthermore, the Manitoba employee benefits program makes it super-easy to provide benefits to your employees and also your organization without incurring an additional cost. Depending on the benefits program, your employees might be able to maintain their coverage even after leaving your organization.

To get an immediate Manitoba employee benefits program quote, click here.

Manitoba Employee Benefits Program Details

Manitoba Employee Benefits Program Advantages

The advantages of providing a Manitoba Group Benefit Plan for your employees:

  1. It is an excellent way to offer tax-free health coverage benefit to your employees.
  2. With the Manitoba employee benefits program, you can provide additional compensation to your employees without necessarily increasing their taxable salary.
  3. In every cost associated with the Manitoba group benefit plan, the employer will be given a tax deduction.
  4. The employer will benefit by providing the group benefits program to his employees at a fixed cost and the plan will be automatically administered by an insurance company.
  5. Manitoba employee benefits program is an excellent way to protect your employees and their family members against the financial cost that could arise from unexpected medical or dental expenses.

To learn more about Manitoba employee benefits program, click here.

Manitoba Employee Benefits Program Benefits

Employers provide several benefits to their employees through the Manitoba group benefit plan. Some of these benefits are as follows:

  1. Life Insurance and Spousal/Dependant Coverage
  2. Accidental Death and Dismemberment
  3. Prescription Drug Coverage
  4. Paramedical Coverage (Chiropractors, Therapists, etc.)
  5. Group Pension Plans
  6. Group RRSP Plans
  7. Short Term Disability
  8. Long Term Disability
  9. Extended Healthcare/Visioncare
  10. Dental Coverage
  11. Out-Of-Country Emergency Medical (Travel)
  12. Critical Illness Insurance

To get an immediate Manitoba employee benefits program quote, click here.

Manitoba Employee Benefits Program Package

The processes involved in setting up a Manitoba employee benefits program could be complex. In most cases, it may be easy to run into the problem of steep costs and growing liabilities. This is why you need to leverage the service of experienced professionals to help you navigate the process of designing such a benefits package.

Brokers or benefits consultants are needed when setting up the benefits package. The professional is paid by the insurance company and could be willing to offer you the service at little or no cost. You need the service of the broker to get relevant data and expert guidance that would help you to make the most of your benefits investment.

Moreover, it is recommended to get up to three proposals from different brokers so as to evaluate the applicable costs and value from more than one perspectives.

To learn more about Manitoba employee benefits program legislation, click here.

Manitoba Employee Benefits Related Pages

Manitoba Employee Benefits Program Savings

No matter the size of your organization, as an employer you need to save costs when setting up a Manitoba employee benefits program; this will help you to reduce costs in the long-term. You can achieve this in the following ways:

  1. Sharing the premium costs between the employer and the employee.
  2. Adding deductibles into the insurance coverage.
  3. Placing a limit on the amount of coverage.
  4. Considering co-insurance or the level of insurance
  5. Minimizing carry-over of unused sick days.

To learn more about Manitoba employee benefits program, click here.

Manitoba Employee Benefits Program News

Gallagher (Arthur J. Gallagher & Co.) announced in July 2018 that it has acquired Belton Boisselle in Winnipeg, Manitoba but terms of the transaction were not disclosed.

Belton Boisselle is a group retirement, employee benefits, and individual insurance broker and consultant that serves clients across Western Canada, mainly in Manitoba and Saskatchewan. It provides group benefits and individual life, retirement plans, and living benefits and also investment strategies.

Belton Boisselle president of Roger Belton, president of group benefits and pensions Kassey Boisselle and their associates will remain in their current location as a part of the transaction. However, they will report to Leslie Lemenager, Gallagher international employee benefits consulting and brokerage operation head.

J. Patrick Gallagher, Jr., chairman, president and CEO of Gallagher said that Belton Boisselle Ltd. offers topnotch services and innovative solutions to multinational, national and local clients. They have earned an excellent reputation through their combination of creativity and expertise.

To learn more about Manitoba employee benefits program, click here.

Manitoba Employee Benefits Program FAQ

What is a group benefits plan?

Manitoba employers may provide employee benefits such as health coverage to their employees as a compensation package. This is usually provided in a group and it is outside the benefits provided by the provincial government.

Can my employer take away benefits?

A Manitoba employer may be able to take away or cut the benefits it offers its employees, but this is not a good business practice. However, employees can protect their benefits with an employment agreement or by taking advantage of the federal or state law.

Do you have to give full-time employees benefits?

Manitoba companies are expected to provide health coverage and other benefits to their full-time employees, even though no law requires it, but this is not always the case for part-time workers. However, some companies still provide all the requisite benefits to their part-time employees.

What are the four major types of employee benefits?

There are several benefits offered by most employers in Manitoba. However, four of the most common of these benefits include the following, medical insurance, life insurance, disability insurance, and retirement plans.

To get an immediate Manitoba employee benefits program quote, click here.