Employer Advantages
- All medical expenses and associated administration fees are tax deductible to the company.
- Long- and short-term cost savings.
- No "incurred but not reported" reserves required.
- Flexibility and choice in plan design.
Employee Advantages
- Dynamic and flexible benefits, including healthcare spending accounts.
- Solutions that address the individual needs of employees.
- Medical expenses fully reimbursed on a tax-free basis.
- Quick, easy-to-use claims process.
Just three easy steps will set you up on your way with Health Assist:
- Work with JSL's knowledgeable staff to design the group insurance program to best fit your needs and requirements.
- Gather eligible employee data and load in to system.
- Deposit a minimum "premium" into a trust account to pay future insurance claims.
Self-insure with Health Assist today
As insurance premiums continue to increase, cost-saving options are few and far between. These days, providing a comprehensive, flexible benefits plan comes at what is often a large price for a small company. Exhausted by the frustrations and challenges of traditional insurance plans, held hostage by the system capabilities and underwriting requirements, today’s small businesses are left with few options for the provision of a customized benefits package for their valued employees.
JSL’s Health Assist provides both small and large businesses with a benefits solution that combines the flexibility, choice and convenience of a self-insured employee plan, with a customized, cost-effective, easy-to-administer solution.
Break free
Unlike traditional, inflexible group plans, Health Assist’s self-insurance solution addresses the individual needs of your employees, adjusting to their changing requirements on a year-to-year basis. Health Assist even offers the option of healthcare spending accounts for all clients, regardless of size—a benefit the large insurance companies are hesitant to offer everyone.
While there is often talk of the “risks” of self-insurance, JSL’s team of dedicated experts will carefully work with you to design a comprehensive, customized benefits plan while minimizing your exposure to risk.
Health Assist is flexible enough to offer personalized claims management, and its unique set-up means your plan won’t need to fall within a pre-determined plan type. No insurer reserves are required and Health Assist will pay any claims incurred that qualify as a Medical Expense Tax Credit under the Canadian Income Tax Act.
A new way to insure
JSL’s Health Assist offers advanced professional claims processing services for medical and dental coverage including prescription drugs, semi-private hospital, paramedical practitioners and other extended health benefits quickly and easily. In addition, participants are provided with a convenient pay-direct drug card and also have the option to use electronic dental (EDI) claims filing. For large or unpredictable claims, indemnity/stop-loss insurance comes into play, protecting your valued assets against higher-than-predicted claims or catastrophic group expenses.
With Health Assist, costs are reduced through the elimination of the carrying costs of a traditional insurance plan. Further, a long-term commitment to self-insurance is likely to yield significant cost savings over the life of the plan.
In the right hands
Catering to small businesses, JSL specializes in customized employee benefit solutions. With over 30 years of experience in the insurance industry, JSL has the resources and expertise to customize plans to a widely varying range of needs. We credit our highly skilled team of underwriters, certified financial planners and insurance veterans—all of whom are dedicated solely to the provision of high-quality insurance services—for our successes, and Health Assist is a testament to JSL’s unwavering commitment to creating new and innovative insurance products for Canadian employers.
Not only does Health Assist provide the option to tailor the benefit plans to the individual needs of your company and its employees, it offers more control than the traditional group insurance plans. Health Assist is backed by state-of-the-art software, developed exclusively for the brokerage market by Automated Benefits Inc. This system adjudicates, stores and audits all claims processed, ensuring their eligibility based on CRA’s medical expense definitions. This flexible system can create a specific plan design with preset parameters (such as annual limits and per visit maximums) or a wide-open plan with no parameters, offering comprehensive claims management—increasing efficiency while minimizing risk.
