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935 results found.
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michael (mike) joined empire life in 2022. he is responsible primarily for managing a portfolio of private debt investments for empire life’s general fund, which support our annuity and insurance products. mike has close to 20 years of investment…
Last Updated2023-06-12
22
2022 healthcare survey shows plan sponsors making investments in their plans, the 2022 benefits canada healthcare survey reports on plan sponsors’ major areas of concerns, and plan competitiveness and sustainability top the list.\ in response to a tight labour market, almost one in three plan sponsors added or improved their…, the pandemic has helped shine the spotlight on the value of group benefits, plan sponsors’ investments are paying off, with an increase in the percentage of plan embers who feel their plans is either excellent or good. “it’s great to see more people saying their benefits plan is excellent or good,” says vanessa lycos, vice…
Last Updated2022-12-29
23
keeping salary info up-to-date is vitally important, according to a recent study from consulting house, eckler, the national average base salary increase for next year is projected at 4.2 per cent, excluding planned salary freezes 1 . this parallels 2022 actual base salary increases—projected salary…, out-of-date salary data can have a serious impact on the financial wellbeing of employees and their families, since most benefit plans base life and disability insurance benefits on employees’ earnings, it is vitally important to keep this information up-to-date in empire life records, for all insured employees. “out-of-date salary data can have a serious…, christi cowell, , vice president of group operations at empire life. if a plan administrator sends in a notice of a change in earnings when they file a claim, this change will only be processed when the employee is actively at work again. keeping salary data up to…, the group administrator portal makes it fast and easy to administer updates, important things to remember when communicating changes in employee salary/earnings: for changes to an hourly wage, indicate the number of hours the employee works per week for changes to salary amount, indicate salary frequency: weekly, monthly or…
Last Updated2022-12-08
24
empire life enhances group disability management services, signs agreement with medaca, empire life has signed an agreement with, medaca health group, , canada’s leading psychiatry-focused workplace treatment service. with this new service provider relationship, empire life will be better able to help people who are on disability leave due to a mental health problem, by providing fast access to…
Last Updated2022-12-29
25
quebec group insurance pooling update, the quebec drug insurance pooling corporation (qdipc) has published its 2023 update of quebec group insurance pooling terms and conditions, and empire life has begun to apply the new pooling thresholds and fees. this will affect all 2023 renewal…, what’s changing?, pooling thresholds, for groups with fewer than 25 certificates, the threshold is increasing from $8,000 to $10,000. for groups with 25 to 49 certificates, the threshold is increasing from $16,500 to $18,000., pooling factors, empire life has also updated its pooling factors, to reflect qdipc changes. the table below highlights the changes. high-cost drugs pose a significant risk to the financial health of group insurance plans. without pooling, many plans would not be…
Last Updated2022-12-20
26
federal government confirms december 18, 2022 as effective date for changes to ei sickness benefits, in the 2022 budget, the federal government announced it will extend paid ei sickness benefits from 15 to 26 weeks. the government has confirmed that december 18, 2022 is the effective date of this change. the extension of ei sickness benefits does…, ei premium reduction program is not changing, the ei premium reduction program (prp) allows employers with eligible std plans to pay lower ei premiums. the government has announced that the eligibility criteria are not changing; therefore, all plans that currently qualify for the premium…
Last Updated2022-12-20
28
new service provides rapid access to psychiatric care within days, not months (kingston, on – december 15, 2022) – empire life has signed an agreement with medaca health group to help people who are on disability leave due to a mental health…, about medaca , established in 2005, medaca is a leading psychiatry-focused workplace treatment service in canada. it helps insurers and employers support employees struggling with mental health issues by delivering early access and best-in-class treatment. return…, about empire life, established in 1923, the empire life insurance company is a subsidiary of e-l financial corporation limited. the company's mission is to make it simple, fast and easy for canadians to get the investment, insurance and group benefits coverage they…
Last Updated2022-12-20
29
do you have plan members in quebec? as part of empire life’s adherence to the quebec charter of the french language, all group insurance plan documents (including benefit cards, benefit booklets, and personal statements/ member summaries) are…
Last Updated2022-12-23
30
banner image of different people's faces, celebrating 100 years of supporting canadians, we’ve been helping individuals, canadian families and businesses build wealth and achieve financial security since 1923. among the top 10 life insurance companies in canada and proudly headquartered in kingston, ontario, empire life is known for our…
Last Updated2023-02-03