By Howard Cheung, Account Executive, Immix Group: An Employee Benefits Company 1. How much does it cost to provide Employee Benefits? Cost is often first thing that comes to mind when considering employee benefits. How much to budget, per employee, and what does this cover? Without an existing benefits program or past claims experience, insurers use […]
Author: Immix Group
Hybrid Traditional + Flexible Employee Benefits: A Sample Design for SMBs
By Howard Cheung, Account Executive, Immix Group: An Employee Benefits Company You are a small or mid-size business. You want affordable employee benefits with costs that you partially control – while having peace of mind that you can provide for unexpected health/drug claims. Read on! This article might just be the benefits blueprint you’re looking […]
Renewing Employee Benefits in 2021? – Here are things to know going forward to keep costs down.
By Howard Cheung, Account Executive, Immix Group: An Employee Benefits Company Due to the impacts of COVID-19 in 2020, many insurers provided benefits premium subsidies, or even deferred the program renewal date. In 2021, at least in insured benefit programs, renewals could look slightly different given the unique claims patterns we had in 2020. This is […]
March is Fraud Prevention Month
By Lindsay Byrka | BA, BEd, CFP Vice President, Immix Group: An Employee Benefits Company Everyone has experienced that phone call, text or email making some claim that is inevitably aimed at getting you to click a link or provide information to give fraudsters access to your sensitive information. It’s rampant, and there are stories on the […]
The Best Time To Review Your Benefits Program Is Now!
By Lindsay Byrka | BA, BEd, CFP Vice President, Immix Group: An Employee Benefits Company 2020 proved to be an unexpectedly tumultuous year for most people, and if you’re involved in running or making decisions for a business, you were probably taking a hard look at every aspect of your business. If reviewing your benefits program did […]
Employee benefits: What you need to know about discounted group benefits pricing
By Howard Cheung, Account Executive, Immix Group: An Employee Benefits Company It’s true. Your business can indeed get discounted group health insurance rates. If you’ve ever marketed your plan with alternative carriers, it’s more than likely you were surprised to see pricing of ten, twenty or even thirty percent below your existing rates! But is a […]
Business Owners: How to Design the Best Group Savings Plan for your Company
By Lindsay Byrka | BA, BEd, CFP Vice President, Immix Group: An Employee Benefits Company You’ve made the decision to implement a group savings plan for your team. You’ve worked it into the budget, and you know this is something you want to roll out sooner rather than later. Fantastic! But what’s next? What should you be […]
Business Owners: How to pivot your employee benefits to adapt to the changing landscape of employee needs
By Howard Cheung, Account Executive, Immix Group: An Employee Benefits Company The year 2020 has certainly been a year of change. All aspects of life have adapted to a new normal, and this includes businesses and what it means to provide valuable benefits to employees. As business owners and managers of employee benefits, what can you […]
The major impact of small businesses in Canada: Small Business, Benefits and COVID19
By Lindsay Byrka | BA, BEd, CFPVice President, Immix Group: An Employee Benefits Company The major impact of small businesses in Canada: Small Business, Benefits and COVID19 At Immix, we have paid special attention to the especially precarious financial situation facing small businesses over the past 3 months. As employee benefits brokers, we have been helping […]
The value of employee benefits inside a broker-managed benefits pool, especially during times of uncertainty
By Lindsay Byrka | BA, BEd, CFP Vice President, Immix Group: An Employee Benefits Company If you are considering ‘taking your plan to market’ we want you to consider why our current climate is the time to join a benefits pool, transparently priced by a broker, rather than marketing direct with an insurance carrier. The COVID […]