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Back to School – Overage Student Dependant Coverage

Back to School – Overage Student Dependant Coverage

As September is coming to a close, we need to remind employees with university age children to update benefit coverage for these dependants.  Sending reminder letters stating that coverage for overage dependent students terminates on August 31st of each year will prompt employees to review their dependent benefit coverage. Encourage employees to review the school information and […]

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Manitoba Tax Changes Impact Group Insurance

Manitoba Tax Changes Impact Group Insurance

The Manitoba Government recently announced changes to the 2012 Budget which will impact insurance contracts.  Effective July 15th 2012, Retail Sales Tax (RST) will apply to certain insurance contracts at the rate of 7%.  Group Insurance contracts including the following benefits will be affected, according to the Manitoba Government Taxation division bulletin found at http://www.gov.mb.ca/finance/taxation/bulletins/061.pdf […]

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Effective Communication and Perceived Value – Group Benefit Plans

Effective Communication and Perceived Value – Group Benefit Plans

The importance of effective communication cannot be undervalued; this is especially true when it comes to communicating your group benefit plan. It creates employee awareness of the available benefits, plan restrictions and general provisions of the plan. It also supports the company’s efforts to establish perceived plan value. Companies invest a great deal of time […]

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