HFG August 2025 Newsletter

Access Coaching Through Your Chambers Plan Benefits

Workplace coaching helps business owners unlock potential at every level, but finding and accessing a great coach can take time and be cost-prohibitive. The great news is, your Plan includes, at no extra cost, three hours per year with top-tier, professional coaches from the Canadian coaching industry for the business owner or leader of your organization.

Delivered through our partner, Arcora, this coaching solution provides 1:1 virtual coaching sessions to support business owners with:

• Strategic Growth and Development, such as developing a business strategy, goal setting and long-term growth.

• Effective Leadership to help improve skills like conflict resolution. delegation, and team development.

• Communication & Interpersonal Skills for more effective communication strategies, emotional intelligence and other personal skills.

• Professional Fulfillment and Success, addressing topics including time management and work-life integration

* Coaching hours are for one business owner/head of organization per company and are not transferable.

The Importance of Updating Employee Information

We know how busy you are and that administering your group benefits plan is only one small part of what you do on a day-to-day basis. With that in mind, we wanted to check in and remind you how important it is to review and update your employee information as changes take place. You can do this quickly and easily through my-benefits® for Plan Administrators, Chambers Plan’s online administration platform.

Questions about my-benefits or how to submit pertinent changes? Please contact the Customer Service team toll-free at (800) 665-3365, email info@chamberplan.ca, or use the live ‘Chat’ function in my-benefits.ca

Health and Dental Coverage for Disabled Employees?

When one of your employees becomes disabled and has been approved for Group Long Term Disability (LTD) benefit payments, what happens to their health and dental benefits? Do they continue indefinitely? Do they contribute towards the cost of their health and dental benefits? How do you balance your corporate responsibility to your employee while addressing your fiscal responsibility to your company?

Whatever your company’s position, it is important that you have a formal Continuation of Benefits provision that clearly states what the policy is for all employees should they ever become disabled.

Cost Plus

Effective August 1, 2025, the Chambers Plan Cost Plus program rates will be changing. This is the first increase in fees since the inception of the program over 20 years ago but is necessary to ensure its long-term sustainability.

For firms with Extended Health and/or Dental benefits, the new administration fees will be 8% of the claimed expense up to a maximum of $200.

If your firm does not have Extended Health and/or Dental benefits, the administrative fees will remain at 12% of the claimed expense with no maximum charge.

More information about Cost Plus and how to submit claims can be found on my‑benefits^® for Plan Administrators.

Part-time employees are a staple to many businesses. Now business owners can choose to include all part-timers under their Chambers Plan benefits, provided they’re permanent employees who work at least 15 hours per week.

Hynek Financial Group

5500 North Service Road, Suite 209, Burlington, ON L7L 6W6

PH: (905) 319-9999

Email: info@hfgb.ca