Benchmarking Employee Benefits in Canada for 2019

benchmarking employee benefits in Canada

Asinta offers employee benefit managers this insight report covering the fundamentals of benchmarking employee benefits in Canada. Inside you’ll learn about Canada’s benefit landscape including detail about the Canadian healthcare system, and typical benefit plan design and costs.

An example of what’s inside…

Canada’s healthcare system is a group of socialized health insurance plans that provides coverage to all Canadian citizens. The federal government sets the guidelines. However, funding and administration occurs on a provincial or territorial basis.

Primary care physicians deliver preventive care. Also, access to hospitals, dental surgery and additional medical services is available to citizens. The system does not cover prescription drugs however. 

Most citizens qualify for health coverage regardless of medical history, personal income, or standard of living. For citizens there is no time limit imposed on hospitalization. However, their stay must be medically necessary for treatment. Hospitals charge in-patient use fees for accommodation or meals only if:

  • The attending physician deems it necessary
  • The patient requires chronic care, or
  • The patient is a permanent resident in a hospital or other institution.

Contact us if you have further questions about benchmarking employee benefits in Canada, and we will put you in touch with Cowan Insurance Group.