I received an interesting email announcement yesterday. “Katz Group Acquires ClaimSecure Inc.” For those of you who don’t know ClaimSecure (www.claimsecure.com), among other things, they’re one of Canada’s largest providers of administrative services only plans. They are also Empire Life’s pharmacy benefits manager. What this means is that ClaimSecure processes a large number and amount…
For years, employers with employee benefits plans in place have watched as the costs for prescription drugs (for their staff members & dependents) have sky-rocketed. In particular, the cost of biologic drugs (for conditions such as Cancer, Crohn’s, and Osteoarthritis) have impacted benefits plans. Now, one insurance company has taken steps that they believe will…
First off, my apologies. Even though the 2010 Group Benefits Providers update came out earlier this year, I didn’t think about entering a blog post about it until now. Here are a few items regarding the group benefits industry in 2010: – Sun Life is now the largest provider of group benefits in Canada, having…
You’ve heard the commercials – “There’s an app for that”. Most insurance companies haven’t heard the ads. We have 14 different insurance companies we represent, plus a number of other providers (Administrative Services Only providers, Employee Assistance Program providers, etc.). In total, somewhere around 20-22 companies in all. A grand total of 3 (yes, THREE)…
