Employee benefits in Ontario, differ significantly from those in the United States. If you're familiar with U.S. programs, you may find Ontario's system intriguing. At The Benefit Guys, we specialize in group insurance, a key component of employee benefit plans.
One of the most notable differences is the Canadian healthcare system. In Ontario, provincial healthcare covers doctor visits (in-person and virtual), hospital care, and surgeries (excluding cosmetic procedures).
In 2024, the Federal Dental Program was introduced. It offers generous coverage, currently available to families with an annual income below $90,000 and no dental coverage. Starting in 2025, coverage will expand to include children under 18 and seniors over 65, with more people expected to qualify over time.
The National Pharmacare Program, also launched in 2024. Initially it focuses on women's healthcare needs, For men, diabetes diagnosis and treatment is the main thrust. Like the dental program, its coverage will expand gradually.
Despite these government programs, we believe private benefit plans will continue to play a crucial role in meeting the diverse needs of employees.
Are You Considering Employee Benefits in Ontario?
You may fall into one of the following categories:
You’re planning to open or acquire a business in Ontario.
You’re already operating in Ontario and are considering introducing or updating employee benefits.
How We Can Help?
At The Benefit Guys, we provide tailored benefit plans for small and medium-sized businesses in Ontario. As brokers, we offer a range of options to meet your employees' needs.
For startups, creating a competitive benefits package can be challenging. However, we can design a comprehensive plan, even for businesses with as few as one employee. Our offerings include:
Life Insurance
Critical Illness Insurance
Long-Term Disability Insurance
Drugs and Dental
Health Care Spending Accounts and much more.
Why Choose Us?
With over 15 years of experience in group insurance, we have worked with many American clients who operate businesses in Ontario, ranging from single employees to teams of up to 125.
If you’d like more information about group insurance, contact us today using your preferred method. We look forward to assisting you! Getting your information early matters.
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