Administer Your Plan Online
my-benefits is a hassle-free platform for administering your firm’s Chambers Plan group benefits. Manage administrative tasks quickly and accurately – from adding employees and updating earnings to calculating payroll deductions. It’s all at your fingertips, any time, anywhere.
Your Chambers Plan Administration Guide contains everything you will need to administer your benefit program. The guide outlines the general operation of the Plan and provides details regarding the forms you’ll use most often. If you have any questions, do not hesitate to contact us.
Important Things You Need to Consider
Importance of Employee Enrolment
As the sponsor of the group policy, firms are responsible for ensuring all eligible employees are enrolled in the plan. Failure to do so could jeopardize an employee’s coverage.
Disability Benefits Reference Guide for Employers
What steps are you, as an employer, required to take in situations when employees are off work due to a health or injury-related disability?
Health and Dental Coverage for Disabled Employees
When one of your employees becomes disabled and has been approved for Long Term Disability benefit payments, what happens to their Health and Dental benefits?
Taxation of Your Chambers Plan Premiums and Benefits
Are employer-paid premiums taxable to the employee? Are claim payments a taxable benefit to employees?
Managing Your Drug Costs
Your employees value the coverage and security of their health benefits, and prescription drugs are the most utilized service.
Use Cost Plus for Claims Not
Covered by Your Plan
Cost Plus is a cost efficient and tax effective means of covering Health and Dental expenses or supplementing existing group insurance benefits. Working with your Chambers Plan benefit coverage, Cost Plus can:
- cover items not covered or paid for by your group plan
- reimburse these costs on a tax-free basis to individuals
- be paid with pre-tax dollars through your company, creating a business deduction similar to group insurance premiums
HEALTH SPENDING ACCOUNT
Add More Flexibility with a Health Spending Account
Your employees are unique, with different needs and expectations of what a benefit plan should offer. Chambers Plan Health Spending Accounts are a great way to offer them more flexibility by:
- providing coverage for health and dental-related expenses that may not be included in their group benefit coverage
- topping up existing coverage
Optional Life Coverage
Your Chambers Plan coverage includes employee Life insurance, but are your employees thoroughly protected? What is the “right” amount of coverage for them? By offering Optional Life coverage under your Plan, you allow them to tailor their coverage to meet their individual needs.
- Available in units of $10,000 up to $500,000 for Employees and Spouses
- Coverage does not terminate when employment ceases
At no cost to the firm, offering Optional Life coverage puts your employees in control.