The vast majority of Canadian businesses are made up of small businesses comprised of between two and 100 employees. For smaller companies, group benefit plans are more feasible, although many small business owners in Canada are worried about the cost per employee of employee benefit services.
However, in most of Canada, health care costs are paid through funding from income taxes. In spite of this, just under a third of all Canadian health expenditures come from private sources, meaning both insurance and out of pocket payments. When a company provides an employee benefit plan that involves supplemental health insurance, it means that employees can rely on the benefit plan to pay any leftover costs not covered by the government.
Though Canada has a publicly funded medicare system, there are still times Canadians have to pay for medical work. Though many companies cannot afford a good benefit plan, there are many companies who can, as there are a bevy of solutions to choose from. When a company can find good group benefit plans, it means their employees are better taken care of.