Three product updates for plan sponsors to consider

Three product updates for plan sponsors to consider

Make sure plan sponsors are aware of the new options available, and changes they can make, to enhance their benefit plans.

Health Care Spending Account (HCSA)

Plan sponsors now have the option of a 30-, 60- or 90-day grace period for claims submissions after the year ends.

Medical Cannabis Coverage

Groups with over 100 lives can ask to have medical cannabis added to their Extended Health Care coverage. It is available to plan members with:

  • Chronic pain associated with identified medical conditions
  • Muscle spasticity in multiple sclerosis (MS)
  • Chemotherapy-induced nausea and vomiting

We continue to consider this an eligible expense under a Health Care Spending Account (HCSA), provided all necessary Health Canada Guidelines are met.

Extended Health Care

We no longer limit coverage for wigs and hairpieces to hair loss from traumatic injury or chemotherapy. Coverage has been expanded to include several medical conditions where a wig or hairpiece would be medically required or necessary.

For more information, contact your Group Benefits Representative.