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GBA 2

Managing Benefit Plans Part 2

(Updated January 2023)

GBA 1 provides a framework of concepts, principles and processes for effective benefit plan management that is transferable to varying types of plan sponsor contexts. Building on that foundation, GBA 2 dives deeper into the specific design, funding, administration and communication considerations associated with life, short- and long-term disability, dental, extended health care and employee assistance benefits that can influence a plan sponsor’s options and choices. Specific tax and privacy legislation constraints and more detailed discussion of some key terms and provisions are covered. 

 

Also discussed is the tension between the Canada Revenue Agency’s position and the benefits industry’s position/practice regarding coverage limits for the range of health benefits typically provided under group extended health care plans, health care spending accounts and/or taxable spending accounts. GBA 2 brings the concepts, principles and processes covered in GBA 1 and GBA 2 to conclusion with a discussion of flexible benefit approaches as an alternative to a traditional benefits plan design for meeting workforce expectations for security, choice and personalization as well as for managing plan sponsor cost and utilization challenges. Flexible-benefit tax implications, pricing and credit structure, setting price tags and allocating flex credits are covered. Text-based reading is supported with tax guidance. Applications are illustrated in numerous case studies.

Topics Covered

Topics Covered:

  • Managing Death Benefits
  • Managing Death Benefits Continued
  • Managing Short-Term Income Replacement Benefits
  • Managing Long-Term Disability Benefits
  • Effective Disability Plan Management
  • Leveraging the Tax Regime in Health and Dental Plan Management
  • Managing Extended Health Care Benefits
  • Managing Dental Benefits
  • Managing Employee/Member Assistance and Wellness Programs
  • Managing Flexible Benefit Plans

Course Outline

View course outline

Course Applies To

Continuing Education

Educational sessions at this program can qualify for CEBS Compliance credit. Visit www.cebs.org/compliance for more information.

Agenda