This one-hour webinar delivers a comprehensive introduction to group benefits. Attendees will benefit from an overview of the many facets required to effectively design, implement and manage a competitive and cost-effective benefit plan.
The webinar highlights the contributions that group benefits can bring to a workplace while also exploring important elements of plan design options, cost management, and administration.
Learning Objectives:
- Understand the Basics of Group Benefits: Gain a foundational understanding of group benefits, including the different types of coverage available and their importance in a corporate setting.
- Identify Key Benefit Lines: Learn about specific benefit lines such as Group Life Insurance, AD&D, STD, LTD, and Health & Dental Care, and understand their roles in employee financial protection.
- Recognize the Advantages of Group Benefits: Understand the strategic benefits of offering group plans, including employee attraction, retention, and overall workplace well-being.
- Explore Coverage Options and Features: Familiarize with various coverage options, schedules of benefits, and special features like premium waivers and conversion options.
- Analyze Financial Implications: Learn about the cost considerations, tax advantages, and financial management strategies associated with group benefits.
- Understand Administration and Compliance: Acquire knowledge on the administrative tools, procedures, and legal requirements necessary for effective benefits management.
- Evaluate Additional Benefits: Explore additional offerings such as critical illness insurance and executive medicals, understanding their role in enhancing a benefits package.
Who should attend this program?
Human resource professionals new to group benefits will benefit from this webinar.
Registration Difficulties/Questions: Please reach out to the Professional Development team at Professionaldevelopment@hrpa.ca