News

26 Nov What does reasonable and customary mean?

Reasonable and customary limits apply to many areas of a benefit plan -- from dental to medical supplies to paramedical practitioners, like a massage therapists. These limits are put in place as an effort by the insurer to protect plan sponsors from paying for services...

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26 Nov Insurance Jargon, Decoded: Mandatory Generic

When we’re shopping for consumer goods such as cookies, our perception is that the generic brand is not quite as good as the brand name equivalent. But in the case of prescription drugs, generic medications are considered to be “bioequivalent”. That means that Health Canada has...

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26 Nov Benefits continuation – What you need to know

In today’s market, many Alberta-based companies are being forced to right-size or downsize. When offering benefits continuation for terminating employees, there are a few important items to keep in mind. Standard group contracts maintain that an employee’s group insurance coverage ends on the date the employee-employer...

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12 Nov In the News: Capital Ideas Calgary, Nov. 12, 2015

Jennifer Kirby, one of our co-principals/co-founders at Vital Partners Inc. is the featured entrepreneur in Capital Ideas Calgary, published in today's Calgary Herald. This week's question is, "How do you maintain motivation in your staff?" Jennifer says communication is key. View her full response here, or...

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30 Oct Need to Know: Insurance – October 2015

Whether you are fully employed with a secure job, or thinking that you might be affected by the restructuring and layoffs, you might be wondering if your group life insurance coverage is enough. This month, we are sharing resources on when to top up your...

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09 Oct In the News: Alberta Women Entrepreneurs, Oct. 9, 2015

Alberta Women Entrepreneurs (AWE) helps women across Alberta build successful businesses. This month, our Principal and Co-Founder Andrea Shandro was one of their featured guest bloggers. Andrea's article, entitled "I'm a start-up company, so why would I want to offer benefits?" was published on Oct. 9,...

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01 Oct In the News: BeLocal.org, Oct. 1, 2015

We are proud to be a member of REAP Calgary, a "not-for-profit association for locally owned businesses that care about the community and the environment." REAP Calgary recently featured our sustainability efforts on their website, BeLocal.org. You can find the full article here. We're also pleased to...

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30 Sep Need to Know: Benefits – September 2015

Companies might be tempted to look into market their benefit plans, especially in Alberta where costs and potential layoffs are affecting the market. Here are some good resources on what to consider when looking for a new benefit plan. Check out our post on the reasons...

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