Not sure where to start? Dive in with these five blogs that show how Blendable is flipping Group Benefits on its head!

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Come check out our blogs where we go over the ins and outs of the group benefits industry

Does your benefits card benefit you?

When it comes to group benefits, we obviously search for the most well-rounded, flexible plan that will give us exactly what we need. Often, this turns into a plan that is quite inflated with “perks” to create perceived value.

One of these so-called perks is a benefits card.

But is it beneficial?

Association Plans: What are they and are they worth it?

What if you’re a small business owner who can’t justify paying the price tag on your own health and dental insurance plan? What do you do?

Some advisors pitch Association Group Benefit Plans as the best choice, particularly for small businesses. These plans are set up like traditional group insurance plans but are delivered to a group of businesses through professional associations. So, what's the catch?

Don't wait until your renewal

A major misconception about group benefits: you don’t have to wait ‘til renewal to make changes. Whether that be changes to your current plan or switching providers (which, especially if you have a premium-based plan, you really should look into).

Your renewal is just a reminder for premium-based benefits providers that they should show you some usage numbers and try to justify increasing your costs.

The importance of benefits communication

Group Benefits are a key part of compensation packages for many reasons. They can be used to bring in top talent, retain your amazing team, create a wellness culture, the list goes on.

However, that breaks down if your team doesn’t know what their benefits are or how to use them. Benefits are compensation and should be communicated as clearly as you would salary or vacation days.

Inflated Plans: Why they don't work

Inflated plans are unfortunately still commonplace among businesses. A lack of available information causes Plan Sponsors to go for these plans thinking it’ll be great for their business. Unfortunately for them, they learn quite quickly the financial implications are often too much to bear.

HSA vs. A Raise

In the quest to boost employee satisfaction and retention, businesses often resort to traditional methods like salary raises or bonuses. Handing out more money may seem like the obvious choice. However, there's a compelling alternative —Health Spending Accounts (HSAs).

5 Group Benefits myths you need to know

Figuring out group benefits can feel like navigating a labyrinth where you aren’t sure what’s myth and what’s fact. Confusing jargon like “target loss ratio” and “pooling costs” only make it harder.

Let's shed light on the puzzling world of group benefits. Debunking myths and revealing truths that savvy business owners should know.

Here are 5 myths in the Group Benefits world.

The 2023 Benefits Canada Healthcare Survey

The Benefits Canada Healthcare Survey was released a few weeks ago and you know what that means! We have another reason to talk about trends in the Group Benefits Industry!

In this blog, we will be going over findings that we found interesting, informative, and important.

The Perfect Storm

Inflation, wage increases, an economic slowdown, and evolving labour market dynamics are all topics that have been making headlines recently, and their impact is felt across various sectors of the economy. Small businesses in particular are facing mounting challenges as they grapple with the repercussions. If your small business was a ship, you’d be heading into quite the storm!