According to the Canadian Life and Health Insurance Association (CLHIA), annual drug costs have increased at a “historical rate” of 9.4%. For some employers, that’s three times the increase in overall compensation costs. Future drug cost trending is also looking grim, to the extent that sustainability appears to be less of a threat than the extinction of […]
Most employees extremely underestimate their total compensation package. As a result, attracting and retaining valuable employees can be a huge challenge. Ensuring employees understand and value their total rewards package can help an organization: To attract new recruits. To motivate and retain your high performing employees. To reinforce your brand and set yourself apart from […]
A flex client; who is a leading producer of industrial fabrics located in Cambridge, Ontario with approximately 1,000 employees, switched to MyBenetech after being unhappy with their current TPA provider. Their previous provider charged over $20,000 in implementation fees for their enrolment tool. The client was reportedly surprised to discover MyBenetech’s enrolment tool was provided […]
One of our larger TPA clients currently manages over 25,000 certificates on our system. They specialize in managing Association programs, and recently reported to have saved a new client over $55,000 / Year in administration fees due to the streamlined automation the system provides!
We are the only TPA licensee of VITAL Objects ™ with an exclusive agreement to provide other Professional Administrators direct access to the system. This state of the art administration system provides real time Web based data access, allowing for instant co-ordination and presentation of the most up-to-date multi-source data. Through our customized web interface […]
Our sister company, Canadian Benefit Administrators Ltd. (CBA) is an independent third party administration (TPA) firm and licensee of VITAL Objects ™. CBA is privately owned, and has operated successfully for over 25 years. In the last few years many other independent benefit administrators were asking about how they might access the same software. It […]
To provide our clients access to the best Benefit Management System and support professionals in the industry and to elevate their administration experience to the highest level of service satisfaction possible.
Do you want your staff to be trained on our system for Self-Management? Not a problem. Our friendly team of Benefit Technicians can help you get off the ground in hours and provide online or on-site training. Our Expert Support technicians are available 9-5 EST for live email / phone support, for whatever questions you […]
We help you bring everything into one system with our team of Benefit Technicians, experienced with complex Group / Flex Benefit arrangements. Our knowledgeable staff work alongside your existing suppliers to centralize everything into one system. Our system can import legacy information from a variety of outdated Benefit Management programs including FLEX & FAST. Interested […]
Self-Management programs are ideal for Brokers / Third Party Administrators who wish to automate their customers Group Benefit / Flex Plans within one system. MyBenetech can help setup your customers, brand it for your business, and stay behind the scenes as you manage your customers efficiently, and without long paper trails. Find out more about our Brokers […]
