Fiona Law looked at a raft of traditional group insurance plans while looking to provide health and dental benefits for her staff at Calgary-based CompuTouch.
Her business, which uses technology to support interactive meetings and conferences, has just three full-time employees. So she wanted something that was easy to set up and understand, a plan that would cover a wide range of medical expenses and offered the firm certainty of costs.
What she ended up choosing was not an insurance plan at all, but a private health services plan (PHSP).
“This was an alternative way of providing a benefit that was very straightforward and very transparent,” she says. “It’s a good compromise with a minimum of hassle.”