{"id":18137,"date":"2020-04-21T09:15:56","date_gmt":"2020-04-21T13:15:56","guid":{"rendered":"https:\/\/www.benefitscanada.com\/news\/equitable-life-offering-premium-relief-on-health-dental-benefits-145292"},"modified":"2020-04-21T09:15:56","modified_gmt":"2020-04-21T13:15:56","slug":"equitable-life-offering-premium-relief-on-health-dental-benefits","status":"publish","type":"post","link":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/2020\/04\/21\/equitable-life-offering-premium-relief-on-health-dental-benefits\/","title":{"rendered":"Equitable Life offering premium relief on health, dental benefits"},"content":{"rendered":"<div class=\"alignleft clearfix\">\n<div class=\"wp-caption feature-image alignleft\"> <img decoding=\"async\" loading=\"lazy\" width=\"316\" height=\"190\" src=\"https:\/\/www.benefitscanada.com\/wp-content\/uploads\/2018\/01\/HealthInsurance-32224272_l-123RF.jpg\" class=\"attachment-feature size-feature wp-post-image\" alt=\"123RF.com\/Andriy Popov\" title=\"Equitable Life offering premium relief on health, dental benefits\"> <\/div>\n<\/p><\/div>\n<p class=\"byline\"> <span>Staff<\/span>&nbsp;|&nbsp;April 21, 2020 <\/p>\n<p>Equitable Life Insurance Co. of Canada is offering premium relief for all of its traditional and myFlex group plans for health and dental benefits.<\/p>\n<p>Since many&nbsp;health practitioners have closed their offices due to the coronavirus pandemic restrictions, plan member use of dental benefits and some health benefits has declined. As a result, Equitable Life&nbsp;is applying a 50 per cent reduction on dental premiums and a 20 per cent reduction on vision and extended health-care rates (excluding prescription drugs), which is an eight per cent reduction on health premiums.<\/p>\n<p><strong>Read:&nbsp;<a href=\"https:\/\/www.benefitscanada.com\/news\/manulife-cutting-group-benefits-plan-premiums-for-may-145236\">Manulife cutting group benefits plan premiums for May<\/a><\/strong><\/p>\n<p>The reductions, which are retroactive to April 1, 2020, will appear as a credit against plan sponsors\u2019 next available billing. In addition, Equitable Life will assess the situation on a monthly basis and expects to continue with monthly refunds for as long as the crisis period continues.<\/p>\n<p>\u201cWe know this is a difficult time for Canadian employers and that many of our clients are facing financial hardship as a result of the COVID-19 pandemic,\u201d said Dave Bennett, senior vice-president of group at Equitable Life, in a press release. \u201cWe continue to look for ways to help employers manage while still supporting their employees.\u201d<\/p>\n<p><strong>Read:&nbsp;<a href=\"https:\/\/www.benefitscanada.com\/news\/canada-life-cutting-group-health-premiums-to-support-canadians-smes-145181\">Canada Life cutting group health premiums to support Canadians, SMEs<\/a><\/strong><\/p>\n<p> <a href=\"https:\/\/www.benefitscanada.com\/news\/equitable-life-offering-premium-relief-on-health-dental-benefits-145292\">Read the full article at BenefitsCanada.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Staff&nbsp;|&nbsp;April 21, 2020 Equitable Life Insurance Co. of Canada is offering premium relief for all of its traditional and myFlex group plans for health and dental benefits. Since many&nbsp;health practitioners have closed their offices&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/18137"}],"collection":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/comments?post=18137"}],"version-history":[{"count":0,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/18137\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/media?parent=18137"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/categories?post=18137"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/tags?post=18137"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}