03 Apr Need to Know: Group Benefits – March 2017
It’s time for another edition of our “Need to Know” series, where we rotate between our focus areas of Insurance and Employee Benefits. This month, our focus is on Group Benefits:
- Our blog post this month shows the advantages of flexible benefits not only for employees, but also for employers.
- Only 23 per cent of benefit plans in Canada are flexible, but the changing demographics of Canada’s workforce may mean that number needs to increase. (via Benefits Canada)
- Flexible health care plans can help plan sponsors to better accommodate employees with chronic conditions, according to Small Biz Advisor.
- Millennial workers are also finding that traditional benefit plans do not meet their current needs. (via LifeHealthPro)
Need to know more about how flexible benefit plans could work with your benefit strategy? Contact us today at firstname.lastname@example.org. Have any resources on flexible benefits that you would like to share with us? Tweet them to us @vital_partners.