Benefit plans ABC, 123 – Sesame Street style (Ontario & Alberta ...
Why does insurance advice have to be technical and complicated?
Confused yet over your benefit plan choices? Well if you are not, then chances are you haven't looked long enough. Keep going, and you will be really confused in a short time.
Why do I call this article Benefit Plans Sesame Street Style?
Because we need to get back to basics the more confusing an issue gets. Cut down a few trees to see what we have in front of us. The basic ABC's and 123′s please!
Okay, here goes the logic behind my approach…..
You call for a benefit plan to ensure you are okay in the event of an illness. Because, after all, who will cover those expensive medical drugs right?
Question: How did you get to a point that you need expensive drugs?
Did you get cancer or have a heart attack or stroke that led to those drug costs?
Yes?
Okay, so were you working before? Are you working now? What if you cannot work?
If you cannot work, would you produce an income to pay the bills? The bills, including any premium for the drug plan you called for! Any bill for that matter?
...Read more...
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