Public health care for everyone probably sounds like a dream come true. However, the long since implemented program in Canada has some difficult restrictions. The remainder of coverage for the working public usually falls on the small business owners they work for. Worry about the quality of insurance benefits for employees reaches over 60% of Canadian employers.
Canada uses a publicly funded health care system that provides mostly free services that are given through private practices. However, insured services defined by CHA are usually restricted to hospitals and physicians only. In addition to these restrictions, taxes being paid into the Canada Health Transfer, which is the payment program used to support the health systems of the provinces and territories in Canada.
Due to this expensive program with many restrictions, supplemental insurance benefits for employees are almost always needed. Group benefit plans therefore usually fall on small business owners who are already struggling. In Canada, small businesses with anywhere from 2 to 100 employees make up 98% of companies. This means the majority of organizations are on the hunt for the most affordable group health insurance rates out there. It has become quite a competitive business in itself.
The fact that small businesses make up the majority of employment in Canada, and that a large portion of those business owners are concerned about insurance benefits for employees, puts the effectiveness of a universal health care system in question. In the mean time, employers are looking for small business health options that offer lower and more stable premiums with a better width of coverage to compensate for what the public system lacks.
Keeping employees healthy and productive takes more than just hospital and general physician coverage. Employees are looking for dental care, vision coverage, and specialists. If you are a small business employer, it will serve you well to seek out a group health plan for your employees to ensure their peak performance. With a little research, you will be able to find comprehensive affordable insurance benefits for employees in your office.