Flexibility

Chamber of Commerce Group Insurance Plan

Flexibility

Whether you’re just one person or 35* employees strong, you can apply for Chambers of Commerce Group Insurance Plan coverage. Your company is eligible as long as it has been in active operation for at least six months and operates year round. It doesn't matter what kind of business you run because there are no blanket industry exclusions.

Every firm participating in the Chambers Plan has a custom group benefit program, based on the coverages the owner selects.

Why pay for a package with benefits you don't want when you can customize? Customization puts you in control so you get top value for your dollar.

YOU control your plan, choosing from up-to-date options.

YOU pick the coverages - from Employee Life Insurance, Medical, Prescription Drug and Dental to Disability Income, Critical Illness and Office Overhead, Ret

YOU make the choices. YOU control the cost.

As the owner of the business:

You control your plan, choosing up-to-date options.
You pick the exact coverage needed.
You pick the level of coverage, from basic to comprehensive plans.
You make the choices. You control the cost.

Have you ever heard someone complain about their group benefit plan: "My insurer's plan stinks"! That kind of comment probably points to one of two problems.

First, if a company offers you a packaged program-its only program-that may be a red flag. Some plans are pre-packaged. You can take them or leave them: you can't just change them! While this may make the buying process easier, it can also be more expensive for your company.

For example, if you're considering such a plan, will you be:

Paying for benefits you don't want?
Missing coverage's you thought would be included?

'Value' is as important as price for most companies, so give serious consideration to a custom benefit plan. You're more likely to use and appreciate the coverage's you choose.

Second if your employees voice concerns about your plan, you'll want to ensure benefits are being paid appropriately. Some of the problem may lie in employees' expectations.

There are a wide range of coverage's you, as the employer, can purchase. Employees should understand what kind of benefits you have selected and why you've chosen them. For example: Many employers turn to "managed health care" plans as a way to keep their program affordable while still covering a broad range of expenses.

It's especially important that employees understand this kind of coverage so they can get the most out of their benefits. That includes discussing things like generic drugs with their physician before he or she writes a prescription.

Work with your insurance advisor to customize a group benefit plan that you can afford, then talk with your employees about the plan and how it works. These two steps go hand and hand to ensure your benefit plan investment delivers.

Is There a Group Benefits 'Starter' Plan?

Absolutely! A good benefit program will put you in control of the types and levels of coverage you include in your plan. So whether you're introducing a program to your company, or working to keep your existing plan current, you should call the shots.

A benefit plan typically starts with basic group life insurance for your employees. You'll have income replacement (short and long term disability income) and critical illness options, plus decisions to make about health and dental benefits.

These latter two coverage's are among the most popular but health care can account for the largest portion of your plan's premium so you'll want to consider your options carefully.

The Chamber of Commerce group insurance plan offers a wide range of health coverage's to open up new alternatives for your company, even if you couldn't afford health care in the past.

You can choose an entry level program with the lowest priced coverage, or you can opt for a broader program.
Your choices include programs with and without prescription drugs, the single most costly component of any health plan
Select from a wide range of deductibles and co-payment levels. For example, one of our most popular programs includes $25/$50 annual single person/ family deductibles (the employee covers health claims up to this amount each year before benefits are payable) and on going employee payments of 20% of the cost of the prescription drug claims for the remainder of the year.

Choice is critical to managing the rising cost of health care benefits, and the Chamber Plan delivers a full range of options, from entry level to comprehensive . You simply pick the kind of benefits that work for you. And remember, the Chambers Plan also lets you manage your program with:

Special disability income options for owners;
Top up benefits for key employees through �cost plus' benefits;
Contemporary options like critical illness benefits and retirement savings.

All these options give you increased control over the cost of your plan, today and tomorrow. And, at the plan's annual renewal, you can change your coverage's to suit your current needs and budget. So join 20,000 Canadian businesses already covered. In just a few minute with your agent, you're on your way to an affordable group program, built just for you.

Benefit Facts presents information to help you manage your employee benefits. Brought to you by your Chambers of Commerce Group Insurance Plan agent, representing Canada's premier group plan for small and medium sized business