Medical Insurance Plans

Purpose The purpose of this report is to provide an analysis of available staple fibre medical indemnity plans for employees at Walshs Automotive express and to make a recommendation as to which plan would be most suitable for the company to offer its employees. Background Employer-sponsored medical insurance benefits for employees in Canada look at become the norm in the work today. In 2000, Statistics Canada reported that 62% of employees were offered at least matchless of the three major employer sponsored categories of medical insurance; extended medical, alveolar and life/dis force. Half of employees had been offered all three (Marshall, 2003) Employer sponsored health benefits have become a significant factor in the ability of employers to recruit and retain a qualified and experienced workforce. (Frog In text cite)Group insurance programs be now available to piddling firms in Canada with as few as three employees and are becoming increasingly necessary in order for refined businesses to be able to compete in todays labour market. Firms with even fewer employees can also choose for purchasing item-by-item insurance policies for their employees which can be a more flexible option in many cases. When interviewed, Mr.

Walsh favorite(a) the individual policy option because of the flexibility to change employer division levels if necessary and to provide more flexibility for individual employees who expertness want to, on their own, purchase add-on benefits tailored to their individual and family needs. (personal interview in text cite) After working as a vehicle mechanic for 10 years, Terry Walsh unresolved Walshs Automotive Limited in 1994. Realizing there was a strong demand for automotive services in St. bums, he opened his business on Kenmount Road and subsequently 5 years of growth, moved to larger premises at 1199 Topsail Road. This move allowed him to expand his services offered to include tune-ups, brake repairs, operate and installing air conditioning, wheel alignments,... If you want to get a full essay, order it on our website: Ordercustompaper.com

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