NS, NB & PEI Group Health Insurance
Are you paying too much for group health insurance? Rising premiums challenge many small businesses, but offering coverage is key to attracting and retaining top talent. While not legally required in Canada, competitive benefits can make all the difference. Health coverage is often the most valued part of a compensation package. Affordable plans help protect your business from turnover and support employee retention. Costs vary by coverage and team size.
Types of Group Health Plans
HMO (Health Maintenance Organization): Lower out-of-pocket costs, coordinated care, in-network providers.
POS (Point of Service): Flexibility to use in-network or out-of-network care.
Direct Access: No referral needed; choose any doctor or specialist.
PPO (Preferred Provider Organization): Largest network of providers with both in- and out-of-network options.
HSA (Health Savings Account): Tax-advantaged savings paired with high-deductible plans.
COBRA: Continuation of coverage for terminated employees (applies to small businesses in Nova Scotia).
Dental & Vision: Available as standalone plans or add-ons.
Key Terms to Know
Co-Payments: Employee portion for office visits ($5–$50).
Deductibles: Out-of-pocket costs before insurance kicks in ($500–$2,500).
Network Providers: Doctors contracted with your plan.
Prescription Coverage: Tiered plans available for generic and brand-name drugs.
Guaranteed Issue: No one can be denied due to pre-existing conditions in Nova Scotia.
At AA Munro Insurance, we help employers navigate the complexity of group health insurance. From choosing the right plan design to balancing costs and benefits, we ensure your business and employees are protected.
