The healthcare system of Canada is often held up as one of the most successful systems around the world. In fact, a Strategic Counsel survey found that 92% of Canadians prefer their healthcare system rather than a U.S. style system.
The cost of this healthcare system is funded through income taxes, and is delivered through a publicly funded system with services provided by private entities. Additionally, these services and benefits are provided through a provincially based Medicare system and are cost effective due to their administrative simplicity.
While the system provides basic services, many employers want to provide additional benefits of employees services. Overall, 60% of all employers in Canada worry about the quality of the health plan for their employees. However, 72 percent of small business owners are worried about the cost per employee of additional health care plans. In a survey of small businesses in Canada, 33% do not see how benefits of employees plans can help their businesses.
Supplemental health benefit plans actually have several positive aspects for businesses. Businesses who offer these plans for the benefits of employees may actually experience higher employee retention rates, as well as higher recruitment numbers. These benefits of employees plans can help businesses create a solid, experienced workforce.
There are many different plans for the benefits of employees. There are also many plans that can help business owners manage these programs. Often, these programs for the benefits of employees help business owners or plan administrators manage the benefits programs without having to process a lot of paperwork. There are also programs for the benefits of employees that can help save money. These programs often separate the cost of benefits of employees, such as separating life insurance costs from those for health insurance.
If you are a business owner and wish to extend additional benefits of employees plans, there are many professional companies who have the knowledge, experience, and programs to help you with group benefit plans. Through these services, you will be able to provide a full range of supplemental benefits of employees programs that will keep your staff both happy and healthy.
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