A Health Benefit Plan (HBP) offers incorporated professionals and business owners a reliable and economical way to provide expanded medical and dental coverage for themselves, their families and certain employees.
To set up a Health Benefit Plan for your client’s business, first the client must set up a chequing account in the name of the HBP at their preferred bank.
Complete and submit the HBP Authorization Form to GBL and we will prepare your client’s Health Benefit Plan documents.
The Health Benefit Plan documentation will be delivered to location listed on the HBP authorization form.
Your client should sign Health Benefit Plan documentation and establish the account at the bank of his or her choice.
Your client advises their employees of the benefits program, and employees begin taking advantage of the plan.