Stay informed with expert articles, practical guides, and the latest insights on employee benefits, group insurance, and workplace wellness.
When business owners compare quotes for their group benefits plan, a common question arises: “If the plan design and employee data are identical, why do different insurance companies quote different prices?....
Canadian businesses face both opportunity and challenge: expansion, innovation, and digital transformation require capital — yet many owners only look to banks or personal savings....
Most organizations understand the importance of competitive pay. But increasingly, research shows that employee satisfaction is shaped just as much by benefits as by salary.....
Inflation has quietly become one of the most important factors affecting employee financial wellness in Canada. As the cost of living continues to rise.....
If you’re a business owner or HR leader in Canada, you’ve likely noticed a steady upward trend in your group insurance premiums. While rising costs are often attributed to claims experience or aging demographics......
If you’ve already seen our video, you know this truth hits hard in today’s hiring climate. In 2025, where competition for top talent is fierce and retention is everything, your group insurance plan can’t afford.......
If you’ve just watched our latest video, you already know: we’re not your typical benefits provider. At Next Benefits, we’ve reimagined group insurance to be simple, fast, transparent—and human.......
Every year, a renewal letter lands on your desk with a bigger number than last year. You do the math. Thirty-something employees. One had a rough year health-wise. And the obvious conclusion is:.......
Your group benefits renewal arrives, and the monthly cost is higher than last year. Maybe the increase is 5%. Maybe it is 12%. Maybe it is much higher. The first question most employers ask is simple: Why? A group benefits renewal is not usually driven by one single factor......
A group benefits renewal should not begin when the renewal document lands in your inbox. By that point, some of the most useful planning opportunities may already be limited. For Canadian employers, the ideal renewal process is less about reacting to a percentage increase and more about creating enough time to......
Benefits Costs Are Under Pressure. For employers, the challenge is not simply finding the cheapest plan. It is controlling costs without turning a valuable employee benefit into a plan employees barely use or appreciate. In 2026, Canadian employers are dealing with pressure from prescription drugs, specialty medications, dental services......
GLP-1 medications have become an increasingly important consideration in group benefits planning. Originally associated primarily with diabetes treatment, some GLP-1 medications are also approved for weight management and other medical indications. Their growing use raises an important question for Canadian employers....
How much should a small business expect to pay for employee benefits? There is no single price that applies to every Canadian employer. The cost of a group benefits plan depends on several factors, including the number of employees, workforce demographics, coverage levels, claims experience, plan design, insurance...
A group benefits renewal involves more than reviewing a new premium. Employers may need to assess claims experience, workforce changes, plan design, employee contributions, insurance documents, and implementation requirements....
A group benefits plan can remain in place for years without anyone taking a serious look at whether it still meets the needs of the business and its employees. That can create challenges. Your company may have grown. Your workforce may have changed. Healthcare costs may have increased, or employees may need different coverage than they did when the plan was first introduced...
How do you know whether your company is paying a fair price for group benefits? It sounds like a simple question, but the answer is more complicated than comparing your monthly premiums with those of another company. Two employers with the same number of employees can have very different benefits costs because of differences in coverage, employee demographics, claims experience, insurance arrangements, and cost-sharing structures....
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