May 10, 2011
DID YOU KNOW???
Prescription drug reimbursement will be made for the cost of the lowest priced equivalent drug based on provincial regulations, unless the medical or dental practitioner has written that there is to be no substitution of the prescribed drug or medicine. The brand name drug will be eligible if the physician requests it or if there is no generic equivalent available. Also, if the brand name is less expensive than the generic, the brand name cost will be reimbursed.
If your plan is currently Generic with Equitable Life then you are already receiving the Lowest Cost Alternative.
Jan 21, 2011
As the 2010 tax season is fast approaching we thought these rules regarding LTD and Life Insurance would be a helpful tool while producing your T4's for your employees.
If you have any questions or concerns, please feel free to contact our office.
Jan 12, 2011
It has recently come to our attention that many of our Group Benefit clients do not have a policy in place when it comes to employees who are off on Long Term Disability and how long these employees will remain on the employee benefit plan. We thought we would take a moment and update this blog regarding this conundrum and possible solutions available to your corporation.
The average time that we have found an employer will keep an employee on the benefit plan once they are off on long term disability is 12 months. The way that most companies carry out this policy is to post it somewhere that people can see and/or put it in the company handbook (if one exists). The length of time that benefits are continued needs to be consistent with all employees and we do recommend contacting your lawyer before making any changes.
We also wanted to ensure that you are aware of the other options available to employees when they are taken off the employee benefit plan, in terms of prescription drugs. There are two documents, one on Trillium and the Ontario Drug Benefit which are available to all Ontario residents who meet the requirements specified for each program, and the other is a Manulife product called Follow Me which is meant for individuals when they are leaving an employee benefit plan and in which there is no medical evidence necessary.
If you would like to discuss this matter further, please contact us here at Integratis and we will ensure that one of our knowledgeable staff members answers your query.
Dec 16, 2010
Equitable Life sent us the attached memo yesterday, and will be announcing in their December Plan Administrator Newsletter, that they now have alternative options available regarding claims submission!! All individuals with Equitable Life are now able to submit claims via fax or email effective in January via the EquitableHealth member website. All members will have a note on their Equitable Account telling them about the new available options but we wanted to ensure that all of our clients were aware of this exciting new option. This will cut down on the time it takes to receive payment back from Equitable Life as there is no mail time required!!
If you have any questions regarding this please let us know and we will be happy to assist in any way we can!
Oct 8, 2010
We are pleased to announce that we at The Integratis Group are expanding our team to further support our Group Investments Department.
We have added "K.P. Reid & Associates Inc." Financial Advisors, Kevin P. Reid. CFP, EPC and his fully licensed Sales Associate, Anna Lina Kranjec to our investment team! Due to their extensive knowledge and dedication to Customer Service, we feel that Kevin and Anna Lina will be a significant asset to our growing Group Investment Division.
Kevin has over 15 years of experience and has focused on Individual and Corporate Financial Planning. His dedication to knowledge and his unbiased opinions clearly will make him a great fit to the The Integratis Team.
Anna Lina has both her Investment and Insurance license. She has over 14 years experience and has worked side by side with Kevin for the past 9 years. Anna Lina’s strength in customer service and consulting to individual clients rounds out the K.P. Reid & Associates team of advisors.
Alina Karges has 15 years experience in Customer Service and Administration and supports both Kevin and Anna Lina on a daily basis.
For clients who do not already have Group Investment Services and or who would like a second opinions on their existing Plan please contact Kevin or Anna Lina at 1 (800) 742-3602 ext. 124 or call The Integratis Group for more information.
Sept 17, 2010
At this time we are very excited to introduce Hazell & Associates, a boutique talent management /career transition firm with an unshakable commitment to quality. Hazell & Associates is an industry expert who has been specializing in relationship management since 1979. They act as an extension to your human resources department:
Their role is to enhance your HR capacity by:
They provide these services in order to aid in the difficult decisions and actions required by your corporation. As stated on their website, "Our coaches possess a high level of expertise in the techniques of assessment, facilitation and coaching to inspire, transform and connect people for great results."
We are very excited to introduce Hazell & Associates as a new member of The Integratis Group association plan. If you would like further information regarding their services please contact us here at Integratis or go to our website and under the Member Discount Programs tab. As always, we at Integratis strive to achieve the best value added services for our clients and we hope that our association with Hazell & Associations can aid in the human resource outsourcing aspect of your company's needs.
