Group Benefits Program

As an IBAS member, you have access to the exclusive IBAS Group Benefits Plan.

In partnership with Independent Financial Services Ltd. and underwritten by Saskatchewan Blue Cross and Blue Cross Life, this Employer Benefits Plan gives brokerages with as few as two employees the opportunity to provide health and wellness benefits at affordable, stable premiums.

One of the best things in life is peace of mind. When you provide a comprehensive benefits plan, you are giving your company the edge it needs to attract and retain quality employees with the best skills for the job. The IBAS Group Benefits plan is designed to provide employees with extensive health coverage, so they don’t have to worry about life’s ups and downs.

Making sure your diverse group of employees have the benefits they need doesn’t have to be a chore. The IBAS Group Benefit Plan offers flexible rates and customizable options, allowing you to design the benefits package that best suits your business.

Benefits include but are not limited to:

  • Health care benefits;
  • Dental coverage;
  • Group life options;
  • Dependent life protection;
  • Accidental death and dismemberment coverage;
  • Disability insurance;
  • Critical illness insurance; and
  • Employee Family Assistance Program.

For more information on either, or to obtain your free quote, contact George Clark at 306-244-7385 or e-mail placement@ifsgroup.ca.

Introduction the IBAS Flex Plan

The IBAS Group Benefits Plan has been redesigned to provide more flexibility to suit your employees’ health insurance needs and your brokerage’s budget. With four options to pick from for most benefits, our partners at Independent Financial Services will work with you to customize the right plans for your employees.

HEALTH CARE

FLEX HEALTH 1

FLEX HEALTH 2

FLEX HEALTH 3

FLEX HEALTH 4

Hospital

80%, 30 days/person/CY Private

100%, unlimited Private

100%, unlimited Private

100%, unlimited Private

Drugs

80%, $500/person/CY Sask Formulary

80%, $1000/person/CY Prescription Drugs

80%, $2000/person/CY Prescription Drugs

100% Unlimited Prescription Drugs

Travel

100%, 30/person/CY

100%, 90 days/person/CY up to age 70

100%, 60 days/person/CY up to age 75

Eye Examinations

80%, $125/person/2CY

80%, $125/person/2CY

100%, $125/person/2CY

100%, $125/person/2CY

Health Practitioners

$200/person/CY for each practitioner

$350/person/CY for each practitioner

$350 /person/CY for each practitioner

$500/person/CY for each practitioner

Vision Care

N/A

N/A

$150/person/2CY

$250/person/2CY

Second Opinion Service

Included for all Flex Health options

Confirmation of diagnosis and treatment for a serious medical condition

DENTAL

FLEX DENTAL 1

FLEX DENTAL 2

FLEX DENTAL 3

FLEX DENTAL 4

Basic Services

80%

80%

100%

100%

Major Services

N/A

50%

50%

50%

Combined Basic & Major Maximums

Maximum $500/ person/2CY

$750/person/CY

$1,000/person/CY

$1,500/person/CY

Orthodontic

N/A

N/A

N/A

50%, $1,500 lifetime max

CRITICAL ILLNESS

FLEX CI 1

FLEX CI 2

Critical Illness Coverage

$50,000 Basic

$50,000 Enhanced

LIFE INSURANCE

FLEX LIFE 1

FLEX LIFE 2

FLEX LIFE 3

FLEX LIFE 4

Basic Life / Accidental Death & Dismemberment

1x salary, $500,000

2x salary, $1,000,000

$100,000

$25,000

Dependent Life

Included for all Flex Life options

Included ($10,000 / $5,000)


Optional Life / Accidental Death & Dismemberment available

SHORT-TERM DISABILITY

FLEX STD 1

FLEX STD 2

FLEX STD 3

FLEX STD 4

Short-Term Disability Coverage

66.67% of weekly earnings Non-taxable

66.67% of weekly earnings Non-taxable

75% of weekly earnings Taxable

75% of weekly earnings Taxable

Elimination Period Accident Hospitalization Illness

 

0 days

0 days

7 days

 

7 days

7 days

7 days

 

0 days

0 days

7 days

 

7 days

7 days

7 days

Benefit Period

16 weeks

15 weeks

16 weeks

15 weeks

LONG TERM DISABILITY

FLEX LTD 1

FLEX LTD 2

FLEX LTD 3

 

Long Term Disability Coverage

66.67% of monthly earnings Non-taxable

Graded Non-taxable

75% of monthly earnings Taxable

 

Own Occupation Definition

Included for all Flex LTD options

3 year own occupation

Elimination Period

Included for all Flex LTD options

112 days

EMPLOYEE ASSISTANCE PROGRAM (UNLIMITED SESSIONS)

Other Resources

Download Rate Sheet

Download IBAS Group Benefits Brochure

Program Contacts

Independent Financial Services

George Clark
placement@ifsgroup.ca
(306) 244-7385

Saskatchewan Blue Cross

Kristy Kolach
kkolach@sk.bluecross.ca
(306) 270-7119