Visa Canada and Great-West Life have teamed up to give Canadian plan members a simplified way to use their health benefits with a new benefits payment card. The card, called the Health SolutionsPlus Visa payment card, will allow point-of-sale access to a group plan member’s available healthcare spending account (HCSA) balance. The card will reduce […]
With the prevalence of healthcare spending accounts (HCSAs) on the rise, employees who are able to take advantage of coordinating health and dental benefits with a spouse are asking for clarification as to where they should submit their claims for payment, explains a recent News & Views from Morneau Shepell. The Canadian Life and Health […]
Reducing healthcare costs is the age-old question that plan sponsors have been seeking the answer to. Are defined contribution (DC) benefits the answer? At the recent Human Resources Professionals Association conference in Toronto, Michael Trowell, assistant vice-president of Comprehensive Benefits Solutions Ltd., gave insight into just where this area of the market is headed because, […]