Sample Employee Benefit Plan Designs
Our employee benefit consultants go the extra mile to help you design a plan that meets your business needs.
The BenefitDeck Advantage:
- Save on benefits through our volume discount
- Local client service and contacts
- Anytime access with online plan administration and claim system
- All benefits plans include instant claim access with drug card
Sample Employee Benefit Plans
Coverage
Cost Saver Plan
Benchmark Plan
Deluxe Plan
Life and Accidental Death Insurance
For Employees
$25,000
$50,000
1x salary
Long Term Disability
- For Employees
66.67% of salary
income
$4,000/month
Maximum
income
$4,000/month
Maximum
66.67% of salary
income
$6,000/month
Maximum
income
$6,000/month
Maximum
66.67% of salary
income
$10,000/month
Maximum
income
$10,000/month
Maximum
Extended Health Care
For employees and dependents:
- Hospital (excludes Prov. Medical Coverage)
- Emergency travel coverage
- Prescriptions (PayDirect drug card)
- Other expenses (chiropractic, massage therapy, etc)
- Vision care Maximum
No deductible
100%
100%
70%
70%
Not applicable
100%
100%
70%
70%
Not applicable
No deductible
100%
100%
80%
80%
$200
100%
100%
80%
80%
$200
No deductible
100%
100%
80%
100%
$300
100%
100%
80%
100%
$300
Dental Care
For employees and dependents:
- Basic services
- Major restorative services
- Combined maximum per person
- Orthodontic services
80% of fee guide
N/A
$750/cal. year
N/A
80% of fee guide
50%
$1,000/cal. year
N/A
80% of fee guide
50%
$2,000/cal. year
50% of fee guide
$2,500/lifetime
Interested in an employee benefits quote? Let's Get Started
Getting started with your first employee benefits plan?
Your business is growing and you want to build and maintain a healthy workforce. BenefitDeck will enroll your company in a cost effective health plan.
Do you already have a benefits plan in place? No problem!
If your company is currently enrolled in a benefits plan you can switch to a new plan at anytime.
Not quite ready for an employee benefits plan?
If you are not ready to get started, but would like to get a ballpark figure, we have plans ranging from 2.5% to 6% of payroll. Please note that pricing varies depending on company demographics, level of coverage, and previous claims history (if there is current group coverage).
Have you considered a Private Health Services Plan?
A Private Health Services Plan (PHSP) is a Canada Revenue Agency (CRA) approved plan that is an effective way for businesses to convert all healthcare and dental expenses into a fully tax deductible business expense. This tax strategy can result in significant savings for small businesses and large corporations. Better yet, this is not insurance. No monthly premiums, deductibles or annual fees, just benefits!
Do you qualify for a Private Health Services Plan? If you own an incorporated business, then yes you do!
Have a question about the sample plan designs or need to speak to an employee benefits consultant?
Contact us to learn more or call our office today at 604-259-1217
Testimonials
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"I'm happy to know and work with Donald. I've always found him to be responsive and concerned about the people around him. He's very professional and someone who takes great pride in his work. He can always be relied upon to do a great job. I recommend him without hesitation."
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"I have partnered with Donald on a number of group benefits clients for a number of years and have always been very impressed. He is quick, responsive, and very knowledgeable in group benefits. Donald is very easy to deal with and solution minded and would recommend him to my professional clientele."
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"Donald Chu has handled the group benefits at my previous firm and has been my personal insurance advisor. I find Donald and his team very professional, thorough and very familiar with lawyer's needs. I am pleased to have Donald as my advisor and have recommended Donald's services to my colleagues."
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"I have been involved with our insurance industry association, Advocis, for the past number of years through the local Vancouver chapter. Within the past year, Donald has joined a number of our chapter committees and volunteered his time and expertise. Donald has been a valuable member of the committees helping the Vancouver Advocis chapter maintain a leadership position. I look forward to continuing to work with Donald in the future."
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"Donald has been our advisor for a number of years and we are very impressed with his advice in helping us evaluate our needs and make sound recommendations to our benefits plan. Donald is not only knowledgable but also has our best interest in mind. Donald and his team at BenefitDeck are also very responsive in providing assistance to resolve issues with insurance companies. We are pleased to continue working with Donald at BenefitDeck."
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"With the advice of Donald Chu from BenefitDeck, we saved significant annual premium. Further, we were also entitled to a major refund from our previous insurer's retention accounting policy. Donald further protected us from future premium increases by negotiating a maximum renewal cap with the new provider. I would highly recommend Donald to other business associates who are looking for expertise in the group benefits area."
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"We interviewed a few insurance brokers when looking for a plan and Donald was highly recommended by an industry colleague. Donald stands out as a confident specialist in the field and we ended up selecting him as our benefits advisor. He accommodates our company's specific needs, and he always exceeds our expectations."
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"Digital Alberta is pleased to announce that we have partnered with BenefitDeck Consulting Ltd. to establish a benefit program for our members. After months of due diligence, the board has decided that it would be a major value add for our members to partner with BenefitDeck and provide access to a benefit plan catered to the digital media industry."
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"Donald and his team stepped up to provide the Real Estate Investment Network (REIN) with a benefits program that supports the needs of our members. Donald over-delivers on what he says he will do. It is always a pleasure working with Donald and his team and we look forward to the years to come."
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"BenefitDeck has been able to help us curb the escalating cost of health benefits year after year. As a small business, having a benefit plan without compromise to the level of benefits we provide our employees is important. We know we can always count on him to get the best results on our behalf."
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"Donald and the team at BenefitDeck always work hard to come up with solutions to address our concerns. We have had issues with staff turnover and seasonality in our industry and Donald has the solutions for our problems. Donald's team is always quick to resolve claim and plan issues. I have recommended Donald to many other of my fellow franchisee owners."
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"Donald Chu has handled the group benefits at my previous firm and has been my personal insurance advisor. I find Donald and his team very professional, thorough and very familiar with lawyer's needs. I am pleased to have Donald as my advisor and have recommended Donald's services to my colleagues."
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"Donald Chu at BenefitDeck has helped our organization achieve the goal of providing meaningful enhancements to our benefits plan and financial savings that fit our budget. Further, Donald has helped us negotiate a longer low rate guarantee period compared to our previous arrangements. I'm very pleased to recommend services of BenefitDeck Consulting Ltd."
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"Donald Chu of BenefitDeck helped us choose the best plan for our company’s needs. Through the process Donald was quick to respond to the questions we had. Donald’s attention to detail and knowledge on taxable benefit issues was valuable as we setup the plan. We continue to work with Donald and value his service to assist us with future changes required in our benefit plan."
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"Donald and BenefitDeck have completely exceeded our expectations. Donald has always been thorough and friendly answering any of our questions. His responsiveness is extremely quick and he remains quite accessible. Additionally, I've always been impressed with Donald in handling any of our challenges. He routinely finds a solution that suits our needs. We continue to be pleased with Donald and BenefitDeck and plan to retain them as a service provider in the long term."
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"Donald Chu of BenefitDeck helped us reorganize our benefits platform and structured a new customized plan that: mitigated previous annual increases, lowered our costs, enhanced overall benefit levels and health care choices for our employees. Most importantly, it increased our employee satisfaction. Thank you Donald, for the solid advice and creative plan design."
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"When we decided we needed a new take on benefits for United Front Games we talked to many people and decided to go with BenefitDeck. Donald Chu already knew what a company like ours needed from a benefits package and proceeded to deliver exactly what we needed for less than we thought possible. Donald’s help, patience and delivery has been superb every step of the way. We couldn’t have made a better choice for UFG than going with Donald and BenefitDeck."
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"We are pleased to have Donald Chu and his team at BenefitDeck handle DigiBC's member health benefits plan. BenefitDeck has created a plan for our members that allows us to raise our voice in the industry. Our members are very pleased with BenefitDeck's level of professionalism and support and we look forward to working with them in the future."
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"When we put the word out to our network that we required an expert to assess and set up our company's benefits package, the trusted recommendation was Donald and his company BenefitDeck. Donald's response and service was immediate, comprehensive, and we received exactly what we asked for (what a wonderful things to be able to say). Our initial experience was not unique either, Donald and his team were always on call for inquiries and changes as required. We couldn't have asked for more when considering how best to ensure our team received optimal care for our investment. We continue to recommend Donald and BenefitDeck without hesitation."
