The health care system in Canada is delivered via a health care system that is publicly funded. The Canada Health Act, or the CHA, is a peach of federal legislation that was adopted in 1984. It outlines the conditions and criteria that the territorial and provincial health insurance programs must follow to received federal transfer payments. This system is mostly free and covers most services that are provided by private entities. However, there are some services and procedures that are not covered. Many employers want to offer supplemental coverage because about 60 percent of Canadian employers are concerned bout the quality of the health plan for their employees.
The Canadian system covers preventative care and early detection procedures, which are considered important, and annual checkups are highly recommended. These early detection programs are considered to extend life expectance and quality of life, while reducing overall health care costs.
Many employers also want to offer their employees additional coverage through employee benefit management services. These supplemental health plans including additional group health plans can supplement or cover services that may not be covered by the regular Canadian health plans. Employee benefit management services will allow employees to offer the plans at affordable prices.
Employee coverage under these employee benefit management services can include health plans that will cover services such as vision care, mental health services, braces cost, dental implants costs, and other such services.
Health spending accounts provided by employee benefit management services will let workers pay for these costs on a pre tax basis. They can even pay for the cost of the basic insurance plan through these employee benefit management services. Another important aspect of this part of employee benefit management services is that health care costs can in some cases be 100 percent tax deductible.
There are numerous options and companies where companies can find helpful employee benefit management services. Many companies find that these programs provided through employee benefit management services can help them retain and attract employees; all while receive cost savings benefits. Employee benefit management services will provide a win win situation for both employers and employees.
Learn more at this link: www.cehbp.com