Manulife Employee Benefit Plan

Manulife group insurance is comprehensive and suitable for businesses of all sizes, whether small, medium or large-sized enterprises.

The benefits solutions offered by Manulife are customizable, scalable and sustainable. Manulife employee benefit package includes a drug plan, dental coverage, vision care, chiropractic services, massage care, life insurance, critical illness insurance, accident protection, to mention a few.

Employees can manage costs with My Drug Plan, Manulife DrugWatch, Specialty Drug Care, Prior authorization, Preferred pharmacy networks, mandatory generic substitution, and reasonable and customary limits on dispensing fees.

Manulife’s personal benefits offered in the group plan include personal life insurance and critical illness insurance. Group members can benefit from the easy access, coverage choice, convenience, potential saving and the portable solution offered by the personal benefits.

The benefits offer life coverage up to $100,000 for members and $50,000 for spouses. For groups with more than 25 employees, critical illness coverage of up to $25,000 may apply. It also includes coverage for children.

Manulife employee benefit plan for small-sized businesses with 2 to 9 employees is affordable and sustainable. It includes life insurance for employees and dependents, accidental death and dismemberment insurance, dental coverage, extended health care including drug coverage and eye exams, the employee and family assistance program (EFAP), and online health advice.

To learn more about Manulife employee benefit, click here.

Employee Benefit News

Manulife Financial Corp. announced in November 2018 that it will start offering group benefits employees access to Vitality, a program that rewards healthy living tracked through a wearable device.

In a new release, insurance giant said that Vitality is a technology-based platform that integrates with virtually every wearable device which includes fitness braces and smartwatches. The platform also motivates and inspires people to make healthy choices.

The platform aims at preventing chronic diseases that are responsible for about 9 in 10 deaths in Canada. At the time of the launch, Vitality has already been included in Manulife’s retail insurance customers. It will now be offered as a part of the group benefits program and over 1.4 million Canadians can access it, Manulife added.

Donna Carbell, senior vice president, group benefits, said in a statement that they believe the program will help to revolutionize the way employees experience benefits in Canada. Donna went further to assert that employers are concerned about the health of their employees because it drives higher productivity, engagement and better overall organizational health.

Four major chronic diseases including respiratory disease, diabetes, cancer, and cardiovascular diseases are caused by physical inactivity, smoking, poor eating habits and excessive consumption of alcohol. Data collected in 2017 from Statistics Canada shows that 80 percent of Canadians get less than the recommended 150 minutes of exercise every week.

According to Manulife, Vitality makes use of meaningful actions, motivation-techniques based on science and personal goals to make the healthiest choices the easiest ones. Users get recorded via gift cards and discounts.

To learn more about Canadian Manulife employee benefit, click here.