Free guide for Canadian employers
Most of what you spend on benefits never reaches your employees.
Premiums go up at renewal and nobody explains why. This guide walks through the six places a group plan quietly loses value, in plain English, so you can tell which ones apply to yours.
Based on TeamPerks reviews of Canadian small and mid-sized employers.
Get the guide
Six places benefits plans leave money on the table. No cost, no obligation.
What is inside the guide
Six short chapters, in plain English, written for employers rather than brokers.
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Where the money leaks
Admin, risk charges and margin, and which of them you can actually influence.
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Everyday health
The routine coverage employees use most, and where limits quietly fall behind.
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The bad year
What happens to your renewal when one large claim lands, and how plans absorb it.
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Income protection
What your disability coverage would actually replace, measured against real salaries.
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Health services
Virtual care, mental health and diagnostics that many plans never quoted you on.
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Your admin
The hours your team spends on enrolment and claims, and what that costs you.
Where a plan usually leaks value
These are the patterns that come up most often when we audit a Canadian group plan. Which apply to you depends on how your plan was built.
- Cheap first year, expensive third A plan bought on a low introductory rate, then repriced across the next two renewals.
- A design nobody has revisited Plans inherited from a predecessor and renewed unchanged for years at a time.
- One claim moving your whole renewal Structures that pass a single high-cost claim straight through to everyone's premium.
- Coverage that was never quoted Benefits available in the market that simply never appeared on your proposal.
How TeamPerks works. TeamPerks is a benefits optimization platform. We are not an insurer and we do not sell policies.
Requesting the guide is a request to be matched with an independent licensed third-party advisor who can review your plan with you. It is not an application, a quote, or an offer of insurance.