THE EVOLUTION BENEFITS PROGRAM WAS CREATED TO OFFER ADDITIONAL EXCEPTIONAL VALUE TO CLOUD ACCOUNTING CLIENTS. SMALL MEDIUM ENTERPRISE (SME) ARE NOT RECEIVING THE KIND OF ADVICE IN THE EMPLOYEE BENEFIT AREA THAT WOULD REFLECT WHAT SME PROVIDE IN SERVICES TO OVERALL EMPLOYMENT AND BUSINESS IN CANADA. WHEN YOU SEE THE 
YOU CAN EXPECT EXCELLENCE IN THIS AREA SIMILAR TO WHAT YOU RECEIVE WITH OTHER OFFERINGS.
CREATION OF THE PROGRAM WAS ARRANGED ON BEHALF OF MNP BY WWW.UNISTARINC.CA., SPECIALISTS IN CREATING BENEFIT PROGRAMS AND VALUE ADDED SERVICES FOR ASSOCIATIONS AND SIMILAR BUYING GROUPS.
THE EVOLUTION PLAN
- Evolution clients will have an advantage when looking at benefit plans on a bulk basis. Pooling of plan expenses is the result and will aid in holding future costs by having more money available to pay claims.
- Many Evolution clients wear different hats and look for advice on finances, bookkeeping, HR and benefits and having these all together will be beneficial to overall business success.
- Evolution plans can be tailored to match existing benefit plans. They can also receive suggestions on suggested changes. Lower costs can be made in almost all cases due to Unistar’s unique products and lower expenses of operation.
Click for Frequently Asked Questions.THE EVOLUTION BENEFITS
- Lower costs and ease of administration.
- All materials including drug cards will be branded as much as possible with the
- No IBNR’s (Incurred but not reported reserves) a one time “reserve charge” still charged by traditional insurers.
- All plans renew on one date resulting in lower admin costs by creating one large pool thus creating more money to pay claims.
- Third Party Administration (TPA) Services resulting in excellent and simple admin service for clients.
- Modern systems allow for freeing up of administrator’s time for other activities.
- Seasonal and Contractor coverages are also available if required.
THE EVOLUTION RENEWAL EXAMPLE
- An Evolution client is paying $30,000 a year into health and dental insurance and has claims totaling $24,000.
- A traditional insurer would have approximately $18,000 in year one to pay claims and $21,000 in year two, meaning a rate increase of over 30% or new premiums of nearly $39,000!
- The Evolution renewal results in $24,000 to pay claims in year one so premiums remain at $30,000.
- With more money to pay claims in year one and thereafter the Evolution program is superior for both short and long term.
HOW TO GET A NO OBLIGATION QUOTE
BETTER BENEFITS EXCLUSIVELY FOR CLOUD ACCOUNTING CLIENTS.
Evolution Benefits will quote your current plan if you have one or suggest a plan design if you don’t, no matter your size. If you have a plan currently, just send us a copy of your last renewal, and employee booklet and we will run a comparison to your current program with a copy to your Advisor.
THE EVOLUTION APPLICATION PROCESS
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STEP 1 - REQUESTING A QUOTE
Download the quote form (PDF) and the employee data sheet (xls), if needed to add your employee information. Once the forms are complete please email them to underwriting@unistarinc.ca or use the form below.
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STEP 2 - RECEIVING YOUR QUOTE
When you receive your quote you can email us if you have questions at info@unistarinc.ca. and we will respond quickly.
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STEP 3 - PROCEEDING WITH ENROLMENT
If you choose to proceed with the program, we will send you an application and enrolment forms for completion by you and your employees and you will be enrolled by the Third Party Administrator.
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STEP 4 - PLAN DELIVERABLES
Once the application has been approved you will receive the plan documentation along with any additional deliverables such as drug cards, plus instructions on how to operate the program in future. Click here for an example of a benefit statement.
WHEN YOU SEE THE YOU CAN EXPECT EXCELLENCE IN PRODUCT AND SERVICE
FREQUENTLY ASKED QUESTIONS
Here are some of the benefits an employer can get by offering a group health plan:
- Increase Productivity and Retain Employees.
- Cost Saving Option - the premium for group insurance is more cost-effective and affordable.
- Tax Benefits- One of the most important benefits of group health insurance is tax incentives. Premiums paid by the Employer on behalf of employees are not a taxable benefit in their hands.
Your company is unique, so it makes sense that your benefits plan should reflect that. Making sure that a benefits plan can be customized to suit the needs of your company is critical.
Three full time employees but there is a reduced program for individuals.
You can decide but a typical waiting period is 3 months.
Yes, a 50/50 split is normal, but we suggest the employees pay for disability premiums to make the benefit tax free.
Yes, The Green Shield Canada benefit card is recognized by virtually all service providers.
Yes, the goal is to ensure that you’re managing your business, not your benefits. Having access to a user-friendly, online administration platform will save the plan administrator at your company a lot of time and effort while keeping your company productive and successful. All these online features will save you time and money.
A basic goal for most employee benefits plans should be to reduce the financial impact of healthcare for employees and their families – whether by helping with dental costs or providing coverage for massage. But if your plan also offers Life or Disability coverage, you’re taking that a step further. You’re helping to provide financial security during some of the toughest times in an employee’s life. This means ensuring that your benefits plan is providing adequate support by ensuring that your coverage mix is right.
QUESTIONS? CONTACT US
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