Many companies offer their workers group insurance, otherwise known as “employee benefits”. This type of insurance normally comes with health, dental and drug benefits, as well as life insurance and long-term disability (LTD) coverage.
However, smaller sized companies may not be able to afford a standard employee benefits package. Employee benefits offer extensive coverage for a wide variety of things, and as a result the cost of premiums may be outside of smaller budgets. In addition, group insurance premiums are routinely adjusted based on how many claims are made by employees. As a result, companies that make many claims may see their premiums increase to the point of being difficult to afford.
Source: Health Quotes Canada
Regardless, if you are covered under a group plan or not, the need for health insurance coverage for you and your family is essential. Have you asked yourself what would happen should you lose your group benefits?
How do I secure my future insurability?
Keep in mind that should you change jobs, lose your job, or retire your group benefits will be lost and this will leave you and your family without coverage. With Medavie Blue Cross Assured Access you will be protected and have peace of mind.
