Author: Pacific Blue CrossWhat you need to know about BC’s COVID-19 vaccination planAs BC’s number one health benefits provider, our mission is to improve health and wellbeing for all British Columbians.Because we provide health benefits coverage to over 1.6 million people in the...
Read PostHow Does an HSA Work And How Does This Compliment My Benefit Plan
What is an HSA account? An HSA (Private Health Services Plan) is a Canada Revenue Agency approved method to provide medical, dental and vision benefits in a tax efficient manner. A corporation can write off 100% of the costs related to its HSA. All expenses reimbursed are tax‐free to the...
Read PostTurn Your Personal Medical Expenses into 100% Corporate Tax Deductible Expenses
One of the most common questions we ask business owners is, “How do you pay for your personal medical expenses that are not covered by your benefit plan?” 95% of the time, the response we hear is, “out of my personal pocket”. As soon as we hear that, we know we can save that person a...
Read PostPotential Gaps in your Long Term Disability (LTD) Group Benefits Plan
1. Length of Coverage: The key in designing a group benefits plan is to help you understand and allow access to the full amount of coverage that you need and pay for. Though long-term disability (LTD) is extremely valuable, the insurance may have constraints, such as, you may be able to claim LTD...
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