2. About
• Employee benefits consultants
• Facilitator of a health co-operative
• Volume purchasing of group health benefits
• Extremely competitive fees
• Refunds on unused premiums, including life insurance
• Discounts on home & auto insurance
• Paramedical & WI processing
• Plan design consultation
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4. The Beneplan
Cooperative
Reduced overhead costs due to volume purchasing
Risk elimination: spread among members
Guaranteed rates (eliminates volatility)
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5. The Beneplan
Cooperative
Owners of Cooperative are employers themselves
Refunds on health, dental & vision in good years
Refunds on life insurance premiums (IBM, Gov’t)
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6. The Beneplan
Cooperative
No liability for deficits in bad years
Employers control plan and reserves
100% transparent & accountable - audited by CA
Tax returns filed with Revenue Canada
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14. Full Transparency
& Accountability
• Financials subject to an audit
• Tax return filed with Revenue
Canada
• Controlled & voted on by Trustees
• Trustees selected by our clients,
and must work for the company
• Trustees sign off on everything
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15. Excellent Service Operations
• Best-in-class technology
standards
• Quick turnaround to pay claims
• Drug cards work across Canada
• Ready access to customer
service
• Client Relationship Manager
visits as often as you like
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16. The Beneplan Cooperative Today
• Life insurance refund highly successful, despite it being domain of
large employers (Ontario Government, IBM, Bell)
• Group home & auto discounts
• Paramedical and Weekly Indemnity management services
• Discounts with Dental Networks & Pharmacies
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17. Life Insurance Premium Refund Program
If the Cooperative’s total Life
premiums are greater than Unless you’re a Fortune 500
claims plus expenses, then the company, this deal does not exist -
Cooperative will receive a Life unless you are a Beneplan client.
Insurance refund.
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18. Paramedical Claims
$129 each
$300,000
$225,000
3.5x $260,000
$150,000
$37 each
$75,000 $65,000
$0
Adjudicated by Adjudicated by
Beneplan The Co-operators
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