Extended Health Care Coverage

Ira Wolfe can provide extended health care coverage that will make a difference to employee retention and well-being. We are proud to provide the most skillfully designed and cost-effective employee benefits to businesses all across Ontario.

We look after this type of healthcare coverage for businesses in the GTA and Ontario. The extended health care coverage we provide includes:

• Dental Plans
• Prescription Drugs
• Vision Care
• Mental health
• Paramedicals
• And others

Some of the paramedical services that are included with this type of coverage will be practioners like massage therapist, osteopaths, chiropractors and physiotherapy to name just a few options.

Ira Wolfe understands that every single employer has different and unique objectives. We recognize this type of diversity and look for flexible and creative solutions that are dedicated and committed to ensuring our clients get the best ROI and benefit for their dollar.

Having this type of coverage for your business means you don’t need to pay for health related expenses. Ask about getting a hospital benefit. This policy covers extra accommodations not covered by provincial health insurance plans like preferred accommodations at a private or semiprivate level.

Extended Health Care Coverage: Drug Coverage

Prescription drugs are a vital part of any comprehensive group benefits plan, providing employees with access to the medications they need to stay healthy and productive. Coverage helps reduce the financial burden of rising drug costs, ensuring that employees can focus on their well-being without worrying about out-of-pocket expenses. By including prescription drug benefits in your plan, you not only support your team’s health but also enhance job satisfaction and attract top talent to your organization..

When it comes to prescription drug coverage in group benefit plans, businesses have several options to tailor the plan to their needs and budget. Common options include:

• Direct billing: Employees pay little to nothing at the pharmacy, as costs are billed directly to the insurance provider.
• Co-pay or deductible structures: Employers can choose to share costs with employees, such as requiring a percentage of the prescription cost or a fixed deductible per year.
• Formulary options: Plans can include an open formulary (covering most drugs) or a managed formulary (covering only essential or cost-effective drugs).
• Generic substitution: Encourages or mandates the use of lower-cost generic drugs unless otherwise prescribed.
• Annual or lifetime limits: Some plans cap the total coverage amount for prescriptions, ensuring predictability in costs for employers.

These options allow flexibility in balancing affordability with providing meaningful coverage to employees.

Mental health coverage is an essential component of group benefits in Canada, offering support for employees through access to counselors, therapists, and other mental health professionals. With rising awareness of mental health challenges, many plans now include services like Employee Assistance Programs (EAPs) and coverage for therapy sessions, helping employees manage stress, anxiety, and other concerns. Providing mental health support fosters a healthier, more productive workplace while showing employees that their well-being matters.

Medical services and supplies that can be woven into a policy can also include an air or emergency ground ambulance. Other options include diabetic supplies and hearing aids as well as private duty nursing care.

Vision care is one of the optional benefits that’s not always considered on many benefit plans. If you’re looking for extended health care coverage get in touch with us today.  We can help you find the kind of creative and flexible solutions that will meet your requirement.