Group Benefits

//Group Benefits
Group Benefits 2017-12-10T23:55:45+00:00
Group Benefits

With over 75 years of experience in employee group benefits, the Ogilvy Insurance Group Benefits department is ready to serve you:

  • We have close relationships with the insurance carriers.
  • We understand all aspects of employee benefits, including all the different financial arrangements that are available.
  • We offer an extensive annual renewal review of your group benefits plan.

Contact us today and we’ll be happy to help.

The verification and analysis of a group benefit renewal includes, but is not limited to:

  • Retention factors (cost charged by insurer to administer the plan);
  • Pooling credits and pooling charges;
  • Fee guide and utilization factors for the dental component;
  • Trend factor for the medical benefit;
  • Age and gender distribution changes for Life and Long Term Disability;
  • Credibility factors used for Life, Long Term Disability, Weekly Indemnity, Medical & Dental benefits;
  • Reserves factors for Weekly Indemnity, Medical and Dental benefits;
  • Review of disability claims by division, by age and gender;
  • Review of medical and dental claims by type of services and by division;
  • Review of Employee Assistance Program;
  • Review of Wellness Program.

Some of the additional group benefit services provided:

  • Quarterly experience reports with an analysis of trends and what can be expected if these trends continue;
  • Analysis of the provincial legislative changes and the impact they will have on the cost of benefits;
  • Benefits changes and their impact on the premium;
  • Review of contracts and booklets when changes to benefits are made;
  • Involvement in service issues, such as turnaround time on claims, disability claims, and interpretation of benefits;
  • Taxability reports.

For CFIB (Canadian Federation of Independent Business) members, we also offer the multi and uno plans. Click here for more details.