Control and Compound with Darren Mitchell8 Mai 2025

The Truth About Group Insurance: High-Cost Drugs, Tax Benefits & What Employers Need to Know

Watch the webinar on the Rockefeller Method now: https://shorturl.at/14eAL

In this must-listen episode, Darren and Christina sit down with group insurance expert Pat McIver to unpack everything employers and employees need to know about group benefits. From the basics of coverage and cost-sharing to how high-cost medications like Ozempic and biologics are reshaping plans, this episode delivers practical insights you won't find in a brochure. Learn how to structure a tax-efficient benefits plan, why claims experience matters, and how the coming changes in pharmacare might impact your business. Whether you're managing a two-person team or a 100-person company, this conversation is packed with essential knowledge, tune in now!

Show notes:

00:00 - Introduction to Pat McIver

1:55 - Breaking down group benefits

7:30 - Is Ozempic and other new drugs covered?

12:30 - What types of claims will drive up the premium?

14:40 - Minimum number of employees needed to start a benefits plan

15:45 - Best practices from employer standpoint on long term disability coverage

18:40 - What is a health spending account?

22:15 - Tips for business owners on what to avoid and what they should be looking at

BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us

FIND US ON:

INSTAGRAM: https://www.instagram.com/controlandcompound/

TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en

FACEBOOK: https://www.facebook.com/controlandcompound

JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound

Denne episoden er hentet fra en åpen RSS-feed og er ikke publisert av Podme. Den kan derfor inneholde annonser.

Episoder(281)

Canada's Economy Grew. Why Don't Canadians Feel Richer? | Higher Rates, Weaker Dollar

Buy Harvest Your Wealth today: https://www.amazon.ca/Harvest-Your-Wealth-Infinite-Canadian/dp/B0HFXG34F1?source=ps-sl-shoppingads-lpcontext&ref_=fplfs&psc=1&smid=A3DWYIK6Y9EEQB Canada's economy grew...

5 Okt 34min

Tariffs, Taxes and Rising Costs: What Can Business Owners Control?

Join the Harvest Your Wealth launch team: https://hub.controlandcompound.com/harvest-your-weath-book-launch-team-registration R egister for the free Corporate Tax Masterclass: https://hub.controlandc...

28 Sep 30min

6 Things Wealthy Canadians Do Differently With Their Money

Join the Harvest Your Wealth launch team: https://hub.controlandcompound.com/harvest-your-weath-book-launch-team-registration Register for the free Corporate Tax Masterclass: https://hub.controland...

21 Sep 24min

Canada's Real Tax Burden: The Shocking Cost of Being Canadian

Join the Harvest Your Wealth launch team: https://hub.controlandcompound.com/harvest-your-weath-book-launch-team-registration Register for the free Corporate Tax Masterclass: https://hub.controlandc...

14 Sep 32min

The Infinite Banking Strategy Explained | A Wealth Coach Roundtable

Join the Harvest Your Wealth launch team: https://hub.controlandcompound.com/harvest-your-weath-book-launch-team-registration Register for the free Corporate Tax Masterclass: https://hub.controlan...

7 Sep 16min

50% Tariffs Are Here: Canada's Trade Deal Collapses, Now Canadians Pay the Price

Join the Harvest Your Wealth launch team: https://hub.controlandcompound.com/harvest-your-weath-book-launch-team-registration Register for the free Corporate Tax Masterclass: https://hub.controlandc...

31 Aug 40min

Tax the Rich? Canada's Top Earners Already Pay More Than You Think

Do high-income Canadians actually pay their fair share of taxes? It is one of the most emotionally charged arguments in Canadian politics. But before Canadians decide who should pay more, we need to u...

24 Aug 18min

McDonald's Was Never Really a Burger Business

Ray Kroc didn't invent McDonald's. He recognized that one successful restaurant could become something much bigger. At 52 years old, Kroc took the McDonald brothers' efficient restaurant model and t...

17 Aug 19min