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Workplace Flu Vaccination Clinics Information From YXE Benefits Saskatoon

YXE Benefits offers the simple, stable, smart group benefits choice for Saskatoon businesses; combining accessibility, flexibility and the stability of pooled benefits. Saskatoon companies choose the Chambers group plan because it offers unsurpassed value & outstanding customer service. The Chambers plan group benefits are for Greater Saskatoon Chamber Of Commerce members.  In our latest post, we shed light on what Saskatoon Employers should know about Workplace Flu Vaccination Clinics and the benefits of them for your employees.

What Employers Should Know about Workplace Flu Vaccination Clinics

The flu is a highly contagious and common viral infection. Every year, up to 10 per cent of people in Canada are affected by the flu, according to the Canadian Red Cross. For generally healthy people, the flu may just be an inconvenience. They may need to stay home from work for a few days until they’re feeling better. For others, the flu can be very serious. In fact, the flu is one of the top 10 causes of death in Canada. Every year, approximately 3,500 people in Canada die from this illness, according to the Government of Canada.

To help employees stay healthy, some employers are now offering workplace flu vaccination clinics. Here’s what you need to know about these clinics.

YXE Benefits SaskatoonHow Workplace Flu Vaccination Clinics Work

When employers offer workplace flu vaccination clinics, employees can receive their flu shots during the workday. Typically, a private area of the office will be set up for the clinic. A registered nurse will administer the shots.

For efficiency, you can have employees pre-register for the times they’d like to receive their shots. Instead of waiting in line, employees can continue working right until it’s time for their vaccinations. After they receive their shots, they can head right back to their desks.

Benefits Of Flu Vaccination Clinics To Employees

You’ll make it easier for your employees to get vaccinated by providing flu shots in the workplace. They won’t need to miss work to see their family doctors or to wait in line at a walk-in clinic. Instead, they can quickly get the vaccination during their regular workday, with no time-off required. Employees who tend to forget to get the flu shot may remember to get vaccinated due to your convenient clinic.

By receiving the flu shot, employees can reduce their risk of getting sick. According to the Centers for Disease Control and Prevention (CDC), getting the flu shot reduces the risk of contracting the flu by between 40 and 60 per cent overall. The effectiveness can vary widely from one season to another. Being less likely to fall ill is a major benefit for employees. When employees don’t get the flu, they can feel better and stay healthier.

Workplace Flu Vaccination ClinicsYour Business Will Benefit, Too!

The flu can be serious for individual people and businesses alike. When employees are sick with the flu, they should be at home resting. Employees who come to work while they’re ill won’t perform well and they could infect their coworkers. Employees who stay home and rest won’t be productive until they return. By providing easy access to flu shots to your employees, you can help avoid these problems.

When fewer employees get sick during the flu season, your company can remain more productive.

Providing flu shots also helps employees feel valued. Not every company offers flu shot clinics to its employees. By providing a flu shot clinic, you’ll help your company stand out from the competition and strengthen your business. Employees will know they’re receiving a unique benefit from your company and that you care about their health.

Getting Started

It’s easy to add a workplace flu vaccination clinic to your selection of wellness programs. To get started, contact the Saskatchewan Health Authority for more information. Appropriate agencies are qualified to administer the flu vaccine.

Once you’ve arranged the clinic, communicate the details to your employees. Use a variety of methods, like emails, posters and in-person meetings to advertise the clinic. During the clinic, you can set a good example for your employees and get your own vaccination.

The flu can be a serious illness, but you can help protect your employees with a workplace flu vaccination clinic. Set up your clinic today and you can enjoy a healthier flu season at your workplace.

See related YXE Benefits posts on workplace flu.

We encourage you to connect with us on our Saskatoon social media platforms on Facebook, Twitter & Linkedin. 

Contact us today for a quote…. find out if you can benefit!

‘Join the Group- It’s Time To Benefit’
www.yxebenefits.ca

2019 Top Trends in Health Benefits Shared by YXE Benefits Saskatoon

YXE Benefits offers the simple, stable, smart group benefits choice for Saskatoon businesses; combining accessibility, flexibility and the stability of pooled benefits. Saskatoon companies choose the Chambers group plan because it offers unsurpassed value & outstanding customer service. The Chambers plan group benefits are for Saskatoon Chamber members.  In our latest post, we share an article on the 2019 top trends in health benefits.

 

Top Trends in Canada Health Benefits in 2019

  1. Heard of Telemedicine?

Many insurers have established partnerships with providers of telemedicine, and are actively promoting it as an optional benefit, or for plan sponsors, to promote it as an eligible expense under Healthcare Spending Accounts (HSAs).

Plan members can use their computer, phone or smartphone app to get 24/7 access to nurse practitioners or physicians, who can immediately diagnose and prescribe for common ailments. Employers that derive most of their revenue from hourly billings, for example, will likely find the service especially appealing.

“It certainly provides value to private plans because it gives very timely and efficient access to care so that employees are more productive and do not have to take time off work to go to walk-in clinics.” 

  1. Virtual care

Virtual care takes telemedicine a step further by providing an alternative way to access ongoing care (for example, for plan members already diagnosed with chronic conditions). Members consult with specialists and other allied healthcare professionals by phone, computer or smart app.

Virtual care for mental health, and more specifically for cognitive behavior therapy (CBT), is leading the way. Indeed, the long-term aim is to promote the use of virtual CBT as an early intervention, while employees are still at work, to prevent disability claims.

“A lot of pilots are out there now for virtual CBT. The important thing to note is that it doesn’t necessarily mean additional costs for the plan sponsor or new out-of-pocket costs for the plan member. This is about diverting some of the traditional benefit dollars to deliver services in a different way, and more cost-effectively.”

  1. Healthcare Apps

Recently, we have seen a number of healthcare apps, from both start-up vendors and traditional healthcare innovators. Insurers will soon be vetting the options to determine which are medically valid and financially viable as benefit offerings. These apps will complement existing benefits and can reduce costs.

“For example, an employee may go to a psychologist every six weeks, at a cost to the plan of $150 per visit. Between visits, he uses an app that costs $10 a month that helps him manage his anxiety day-to-day. Today, that $150 visit is an eligible expense, but the $10 app is not. If the $10 app saved one or more psychologist visits per year, it would save money and cover its own cost.”

As with many new benefits, coverage for healthcare apps will likely initially be promoted as an eligible expense under HCSAs.

  1. Targeted Health messaging

This year could mark a pivotal year for wellness supports from the workplace, due to insurers’ growing capabilities in analytics and artificial intelligence to send targeted, action-oriented health information to plan members.

“We can identify plan members who are at risk for chronic conditions, or who may be at risk for disability leave. We can reach out to them, with their consent, with helpful information and suggestions for care.”

Personalized, regular health messaging could be the missing link to help prevent and manage chronic disease. While past pilot projects consistently showed the value of coaching from allied health professionals (such as pharmacists and dietitians) for members with health risk factors or chronic diseases, member enrollment was a challenge and ongoing costs a concern. The incorporation of targeted messaging from insurers, with automated “nudges” that can be delivered digitally, may help with both engagement and cost-effectiveness.

  1. Medical cannabis

The most popular conversation come renewal time this year will likely be about coverage for medical cannabis. Now that most insurers have put together offerings for optional coverage, plan sponsors will be able to address a topic that continues to steadily garner media attention—which in turn stokes consumer interest.

Currently, Health Canada reports that more than 300,000 Canadians take medical cannabis, presumably paying out of pocket (or possibly using funds from healthcare spending accounts).

See related YXE Benefits posts on medical cannabis.

We encourage you to connect with us on our Saskatoon social media platforms on Facebook, Twitter & Linkedin. 

Contact us today for a quote…. find out if you can benefit!

‘Join the Group- It’s Time To Benefit’
www.yxebenefits.ca

YXE Benefits Shares 2019 Buck Survey Indicating That Drug Claims Are Expected to Rise

YXE Benefits offers the simple, stable, smart group benefits choice for Saskatoon businesses; combining accessibility, flexibility and the stability of pooled benefits. Saskatoon companies choose the Chambers group plan because it offers unsurpassed value & outstanding customer service. The Chambers plan group benefits are for Saskatoon Chamber members.  In our latest post, we share the information from the recent Drug Claims Expected to Rise in 2019 Survey.

Prescription Drug Costs represent the majority of private Health Spend

YXE benefits SaskatoonBenefit plan sponsors can expect to see a three to five per cent increase in prescription drug claims in 2019, according to Buck’s annual Canadian health-care trend survey.

However, the survey noted, since insurance providers also add a market inflation factor, the projected increase is actually 10.99 per cent, down from 12.45 per cent in 2018. Based on 2018 claims trends, the survey found prescription drug costs represent the majority of private payer health spend and have the greatest influence on employer benefits cost trends.

“Our survey shows that although actual drug claims remain relatively stable, insurers continue to project a faster rate of increase due to market inflation.” Buck Survey 2019

Dental Benefits usage also on the riseDrug Claims Expected to Rise in 2019 Survey

It also found the use of dental services is on the rise, increased slightly over the past two years to 5.86 per cent in 2019. And while hospital inflation factors consistently reduced between 2015 and 2018, this trend reversed in 2019 with the insurer trend increasing to 10.03 per cent from 2.6 per cent in 2018. However, this cost represents a relatively small portion of plan spend.

“Insurance providers factor projected market inflation into the rate-setting calculation, and this has the potential to drive plan costs both higher and faster than the actual trend in health-care spending.”

Drug Claims Expected to Rise in 2019 SurveyMedical advances and other factors to influence health care costs

The survey noted medical advances, demographic trends and regulatory oversight will influence health-care costs over the next few years, so employers should consider how their plans will evolve to ensure employees are healthy and productive while keeping costs under control.

 “Medical, prescription drug and dental care coverage make up an important component of employees’ total compensation. To help contain costs, companies need to think creatively about how they can encourage a healthy lifestyle for employees and embrace medical advances in testing and treatment to achieve better health outcomes.”

We encourage you to connect with us on our Saskatoon social media platforms on Facebook, Twitter & Linkedin. 

Contact us today for a quote…. find out if you can benefit!

‘Join the Group- It’s Time To Benefit’
www.yxebenefits.ca

Heard of Employee Assistance Program from Chambers Plan

YXE Benefits offers the simple, stable, smart group benefits choice for Saskatoon businesses; combining accessibility, flexibility and the stability of pooled benefits. Saskatoon companies choose the Chambers group plan because it offers unsurpassed value & outstanding customer service. The Chambers plan group benefits are for Saskatoon Chamber members.  In our latest post, we share information on Employee Assistance Program from The Chambers Plan.

Employee Assistance Program to the rescue

Employee Assistance PlanWhen life’s challenges make it difficult to concentrate on work, support for you and your employees is available through the Chambers of Commerce Group Insurance Plan Employee Assistance Program (EAP) – Arive®.

This confidential service provides access to professional counselling and guidance from experts who understand how coping with personal issues affects absenteeism and productivity on the job.

A good solution for businesses without internal HR support

The Chambers Plan Arive® Employee Assistance Program can complement any human resource department. It is also a good solution for businesses without internal HR support to help individuals deal with complex issues best resolved with the assistance of accredited professionals.

External one-on-one consultation is often financially out of reach for many employees; through the Chambers Plan Arive® EAP, you and your staff now have access to expert advisors and clinical assistance.

Professional Support for Individuals

Employee Assistance Program offers confidential, face-to-face counselling with a designated counselling professional, for employees experiencing personal problems, including:

  • Family challenges/Personal problems
  • Work-related difficulties
  • Addiction/Dependency concerns
  • Eldercare issues

Telephone consultation for Nutrition counselling

Also includes private telephone consultation for:

  • Legal issues
  • Financial struggles
  • Childcare information

Additional Support for Management

Management Guides and Bulletins: Guides and bulletins written by experts who understand the stresses and complexities of employee management on such topics as handling mental health issues in the workplace, holding better meetings, attracting and retaining great employees, dealing with addiction issues, bridging the generation gap, managing absenteeism, and more.

Critical Incident Stress Debriefing (CISD):In the event of an armed robbery, unexpected death of a co-worker, major occupational injury or other critical incidents – immediate help is available.

A counsellor will help you design communications, a support plan, and employee information sessions to best suit the situation. Intervention may be in-person or by telephone, as determined in the initial contact.

We encourage you to connect with us on our Saskatoon social media platforms on Facebook, Twitter & Linkedin. 

Contact us today for a quote…. find out if you can benefit!

‘Join the Group- It’s Time To Benefit’
www.yxebenefits.ca

YXE Benefits Saskatoon

Extended Health Benefits Of The Chambers Plan

YXE Benefits offers the simple, stable, smart choice for Saskatoon businesses; combining accessibility, flexibility and the stability of pooled benefits. Saskatoon companies choose the Chambers group plan because it offers unsurpassed value & outstanding customer service. The Chambers plan group benefits are for Chamber members.  In our latest post, we discuss Extended Health Benefits.

With quick claim payments, rate stability, and guaranteed renewable coverage, the Chambers Plan makes it easy for you to invest in the health and well-being of your employees. 3,000 small businesses just like yours join the Plan every year across Canada. Our local YXE Benefits advisors will design a plan to fit your needs and your budget from an array of benefits and options, including extended health benefits!

Extended Health Benefits.

Health insurance helps employees and their dependents pay for necessary medical expenses that aren’t covered by their provincial plan. The Chambers Plan Health options cover up to 100% of eligible costs and provide affordable health insurance for what Canadian employees need most: prescription drugs, paramedical services, vision care, emergency travel insurance and medical equipment and supplies.

Extended Health Benefits Prescription drugs Saskatoon

Prescription Drug Coverage

You want a prescription drug plan that is affordable, easy to use, provides comprehensive coverage and can save time and money. The Chambers Plan uses TELUS Assure pay direct cards for easy, convenient, real-time adjudication of drug claims right at the point of purchase.

The Chambers Plan also uses the TELUS Health National Formulary – an evolving list of prescription drugs that ensures coverage and accessibility to safe, cost-effective, quality drug therapies. The Plan pairs the formulary with a second, higher co-pay tier to encourage patients to make smart choices while providing coverage for the most frequently dispensed medications. Read more about the National Formulary

Paramedical Practitioner Services

Chambers Plan Health options cover many paramedical practitioner services at the usual and customary rates, with maximums ranging up to $600 per person per type of service in a calendar year.

Audiologists / Chiropractors / Podiatrists and Chiropodists / Massage Therapists / Acupuncturists / Physiotherapists / Licensed Speech Therapists / Licensed Clinical Psychologists / Naturopaths / Osteopaths / Clinical Dieticians

Medical Equipment and Supplies

  • Up to $25,000 per person toward home nursing care
  • Emergency ground or air ambulance to the nearest hospital
  • Up to $700 per person toward the purchase and installation of a hearing aid

Emergency Travel Insurance

Emergency travel insurance for employees and their dependents is included in every Chambers Plan Health option. Travel insurance includes coverage for eligible expenses resulting from a medical emergency outside an employee’s province of residence and includes services such as:

Telephone translation services / Emergency medical funding and evacuation / After-hospital care and nursing / Returning dependent children to their home / Trip interruption / Return of vehicle

Extended Health Benefits

Vision Care (Glasses, Contacts, Eye Surgery)

The Chambers Plan offers up to $200 of Vision Care benefits per individual.

Your YXE Benefits Chambers Plan advisor in Saskatoon can provide a complete list of Extended Health Care benefits based on the option you choose.

We encourage you to connect with us on our Saskatoon social media platforms on Facebook, Twitter & Linkedin. 

Contact us today for a quote…. find out if you can benefit!

‘Join the Group- It’s Time To Benefit’
www.yxebenefits.ca

Chambers Plan EMPLOYEE ASSISTANCE PROGRAM (EAP)

YXE Benefits offers the simple, stable, smart choice for Saskatoon businesses; combining accessibility, flexibility and the stability of pooled benefits. Saskatoon companies choose The Chamber group plan because it offers unsurpassed value & outstanding customer service. The Chambers plan group benefits are for Chamber members.  In our latest post, we discuss benefits fraud and we also share information for employers on the Employee Assistance Program (EAP).

EAP

EMPLOYEE ASSISTANCE PROGRAM (EAP)

What if there was a way to help your employees deal with problems before they escalated into serious issues that result in absenteeism or even lead to disability claims?

An EAP can help:

  • Reduce and manage employee absenteeism
  • Reduce healthcare and disability costs
  • Increase employee morale, productivity and job performance
  • Reduce employee turnover and associated expenses

An EAP can create savings for you and provide your employees support when life’s challenges make it difficult to concentrate on work. The Chambers Plan Employee Assistance Program provides confidential, one-on-one counselling with a designated psychosocial professional.

When life’s challenges make it difficult to concentrate on work, support for you and your employees is available through the Chambers of Commerce Group Insurance Plan Employee Assistance Program (EAP) – Arive®. This confidential service provides access to professional counselling and guidance from experts who understand how coping with personal issues affects absenteeism and productivity on the job.

The Chambers Plan Arive® EAP can complement any human resource department. It is also a good solution for businesses without internal HR support to help individuals deal with complex issues best resolved with the assistance of accredited professionals. External one-on-one consultation is often financially out of reach for many employees; through the Chambers Plan Arive® EAP, you and your staff now have access to expert advisors and clinical assistance.

Professional Support for Individuals

Confidential, face-to-face counselling with a designated counselling professional, for employees experiencing personal problems, including:

• Family challenges/Personal problems

• Work-related difficulties

• Addiction/Dependency concerns

• Eldercare issues

Telephone consultation for Nutrition counselling

Also includes private telephone consultation for:

• Legal issues

• Financial struggles

• Childcare information

EAP- Additional Support for Management

Management Guides and Bulletins

Guides and bulletins written by experts who understand the stresses and complexities of employee management on such topics as:

  • Handling mental health issues in the workplace
  • Holding better meetings
  • Attracting and retaining great employees
  • Dealing with addiction issues
  • Bridging the generation gap
  • Managing absenteeism, and more.

Critical Incident Stress Debriefing (CISD)

In the event of an armed robbery, unexpected death of a co-worker, major occupational injury or other critical incidents – immediate help is available. A counsellor will help you design communications, a support plan, and employee information sessions to best suit the situation. Intervention may be in-person or by telephone, as determined in the initial contact.

We encourage you to connect with us on our Saskatoon social media platforms on Facebook, Twitter & Linkedin. 

Contact us today for a quote…. find out if you can benefit!

‘Join the Group- It’s Time To Benefit’
www.yxebenefits.ca

Why You Should Encourage Health Heroes In Your Business

The YXE Benefits are the local advisors for the Chambers Plan in Saskatoon.  This is the simple, stable, smart choice for Saskatoon businesses; combining accessibility, flexibility and the stability of pooled benefits. Saskatoon companies choose the group plan because it offers unsurpassed value & outstanding customer service. The Chambers plan group benefits are for Chamber members.  In our latest post, we discuss the impact of health heroes in your business.

Health herosEncourage Health Heroes In Your Saskatoon Business

Exercising and dieting are hard. Most people need a lot more of both; minimally, everyone needs the right diet. That’s why Facebook teams with exercise and diet groups ready to cheer those undergoing the mental and physical hardships of getting lean and clean.

Studies confirm that co-workers and social media friends are watching. Your influence is greater than you think. So, if you’re posting your morning sweaty selfies after a good workout or sharing your late afternoon power shake photos on Instagram, chances are others will take notice.

Monkey See Monkey Do

Inspiration is the strength of your social connections. Smart Saskatoon employers exploit that resource at the workplace by creating a team of wellness champions, the health heroes in your business, to support wellness initiatives and the overall health and wellness program.

This network of health advocates do what everyone else does, healthwise: lose weight, quit smoking, manage diabetes, or get fit. They’re working toward their health goals, like anyone else in the company. Or maybe they’re managing pain or maintaining their fitness. But they also disseminate information to educate workers about health and the company’s wellness program. They support those trying to better their lives. These leaders know the wellness pulse of the organization, what’s working and what’s not, because they’re in the fray with the rest of the employee fold, struggling and succeeding too.

Wellness champs typically volunteer for their roles as “cheerleaders,” coaches, educators, and liaisons with top wellness strategizers. They’re passionate people who have a good rapport with employees and management, so they make great role models. And that’s what you want.  In coordination with top management or the wellness vendor, your carefully-selected team will increase wellness program awareness and foster a culture of health. They often help provide leadership with critical feedback.

Most importantly, however, they are the mouthpieces of your program and what it offers employees. Therefore, leaders should be clear what they want to communicate and how they want it communicated.

Health heroes need to know their roles within the organization and how they’re empowered to represent the company’s goals. They need training, guidance, and acknowledgement for their work too. While your champions probably have natural abilities to lead and love people, motivating others to reach their own personal goals, along with the company’s health goals is the aim.

Champion Networks Get Results

The wellness message gets through to employees via champion networks. Other employees are more open to receiving information from successful peers. And informed employees are more likely to participate in a workplace wellness program. Increased participation yields global achievements, like more completed health risk assessments, for example.

The optimal number of champions for results is anywhere from 1 to 3 percent of the work population—enough people to be visible as they carry on the company’s wellness work of model health advocates.

Indeed, they must be passionate, communicative, and exemplary enthusiasts for healthy lifestyle changes. They must not be in it for their own game, i.e., pushing health products.

What They Do

Besides creating awareness of the program offerings and ensuring employees understand the company program, health heroes provide support by encouraging people on their health journey, share stories of their own experiences, and head up specific informational events during lunch breaks or throughout the company.

They may lead the lunch walks, stair competitions, biggest loser competitions, Zumba classes or charity run the company sponsors. Perhaps it’s the coordinated company effort to get employees to onsite screenings or community health fairs they organize. They’re in charge of the wellness business, vitality and fun.

But it’s not all fun and games. They must do all of the following:

  1. Prioritize: which company goals are the most important this year and the next.
  2. Plan: what is in their capacity to achieve and how to focus on those strategies.
  3. Understand: how success is measured, results reported, feedback is given, budget available, and legal violations (such as confidentiality) avoided.
  4. Use: resources and time available to meet, collaborate, and communicate.

Who They Are

Health heroes in your business must be dedicated, investing time in their responsibilities. They see the big picture of what the company wants to achieve and how to get there holistically. Health is not a one way, one approach to a straight line. People not only have various challenges and starting points, but they also have different definitions of health. One person seeks to run a marathon, while another wants to work a day pain-free.

Health heroes are positive and social. But they’re also busy. They have their jobs to do in addition to volunteering. They need recognition from their peers and their leaders to keep their engines running.

We encourage you to connect with us on our new social media platforms on Facebook, Twitter & Linkedin. 

Contact us today for a quote…. find out if you can benefit!

‘Join the Group- It’s Time To Benefit’
www.yxebenefits.ca

 

Main source article:

Who Are the Health Heroes at Your Job?

Premier Of Saskatchewan Reinstates PST Exemption on Life & Health Insurance

Have you heard the good news about PST?

“Premier Moe made the important decision yesterday to reinstate the PST exemption on agriculture, life and health insurance.  This is great news for Saskatchewan but it’s going to take time for insurance carriers to update their systems and reimburse taxes paid.  We encourage everyone to patiently watch for updates as they come available.  Thank you, Premier Moe! ” Deb Wiegers – Wiegers Financial & Benefits

PST Exemption on Life & Health Insurance

Global News covered the story here: www.globalnews.ca/news/4047640/pst-exemption-reinstated-saskatchewan-agriculture-life-health-premiums

The Saskatchewan government is exempting the provincial sales tax on agriculture, life and health insurance premiums effective immediately.

The PST was added to those premiums on Aug. 1, 2017. Premier Scott Moe had made reinstating the exemption part of his Saskatchewan Party leadership campaign.

“Our government will help families and small businesses save money, invest and help our province grow,” Moe said in a statement.

“Part of that commitment is to exempt agriculture, life and health insurance from PST.”

Moe said he heard business owners say that paying PST on group health plans may have resulted in fewer jobs being created going forward.

The change is forecast to have a $65-million financial impact on revenue forecast in 2017-18, down to $81 million from $146 million. This covers August 2017 until the end of March 2018. The financial impact for the 2018-19 budget is expected to be $120 million from a projected $240 million in projected insurance PST revenue.

Moe said the loss of revenue will be accommodated in his three-year plan to balance the budget.

“Our fiscal plan remains on track, even with this reinstatement of the PST exemption on crop, life and health insurance,” Moe said.

The exemption is retroactive to Aug. 1, 2017.

As for home and vehicle insurance, those are both sticking around. Finance Minister Donna Harpauer said money is part of the reason.

“It’s definitely significant financially, but we also looked jurisdictionally and we’re not standing alone in having a provincial tax on the other insurances,” she said.

Both Harpauer and Moe said future changes to taxation are ongoing discussions around the cabinet table when asked about potential future repeals of PST on home and vehicle insurance.

Opposition leader Nicole Sarauer said that if the Saskatchewan Party listened to residents prior to the previous budget when this PST was introduced there wouldn’t have been a need for this reversal.

“If they were actually listening to Saskatchewan people and business we would have also seen the walk-back for house and car insurance, for restaurants, for construction; both of which are taking a huge hit and are actually experiencing a slowdown,” Sarauer said.

Officials with the Ministry of Finance said they will be working with the insurance industry to determine the best way to refund people and businesses with PST that has been paid on agriculture, life and health insurance premiums.

More details are expected to be announced on April 10.

 

For more information see http://www.benefitscanada.com/news/saskatchewan-reinstates-tax-exemption-on-health-insurance-premiums-111227

 

The YXE Benefits  is the simple, stable, smart choice for business; combining accessibility, flexibility and the stability of pooled benefits. Saskatoon companies choose the plan because it offers unsurpassed value & outstanding customer service.  We encourage you to connect with us on our new social media platforms on Facebook, Twitter & Linkedin. 

‘Join the Group- It’s Time To Benefit’
www.yxebenefits.ca

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