David Imrie

 Tags: small business

Running a small business isn’t easy. As a small business owner, you have so much on your plate. Acting as your own HR, finance, and management departments, the work never stops. While you may feel stressed and overwhelmed, make sure you set aside time to research benefits options for your employees.


Download The CEOs Guide to Decreasing Group Health Premium Cost

There are approximately 1.14 million small businesses in Canada. Yet, only 42 percent of these companies offer employee benefits. Whether you only have one additional employee or twenty, being a small business isn’t an excuse to not offer your employees the health coverage they deserve.

If you have reservations, it may be because one of the following reasons is holding you back, but we’re here to tell you that there’s a solution. Keep reading to learn more.


Did you know 66 percent of Canadian small business owners make less than $73,000 per year working more than 50 hours a week? You work hard for your money, and it might be difficult to part with it. However, this may be costing your employees.

It’s a myth that health insurance will completely empty your pockets. In fact, there are many affordable employee benefits options that will make you and your employees happy. Make sure you research the different types of plans so you can find an affordable plan with the right coverage for you.

An intimidating factor regarding employee benefits is cost. While your business might be doing well now, who knows how business will be in two years? With this type of uncertainty on the horizon, you don’t want to be gambling with your money by buying into a health plan that will continue to spike in cost every year. Say no to premium increases and save yourself some extra cash by choosing an employee benefits plan that has no annual premium increases.

No Flexibility

Your employees all have different needs. You may not have found a coverage plan that meets all these different needs. There’s no point in investing in employee benefits if your employees aren’t going to be happy. You need to find coverage options that are more flexible than the traditional cookie-cutter benefits plans.

Lack of Knowledge

Since small businesses often don’t have an HR team, there’s no one whose job it is to find a suitable benefits plan and learn the coverage inside and out in case employees have questions. As the business owner, this task falls to you. It’s likely that you don’t know the first thing about employee benefits, making this an extremely daunting task. Plus, you don’t have the time to dedicate to this to properly find a suitable option.

Obtaining a great health benefits plan may not be as time-consuming as you think it is. Once you’ve completed some preliminary research and identified which types of health insurance you like, a representative will be able to help you find a plan that works within your budget. The process is likely a lot easier than you think!

The Answer? Registered Health Spending Accounts

As you’re reading, if you related to any of the three points mentioned above, your saving grace will be a registered health spending account. With the flexibility to allow your employees to choose what they spend their money on, you can offer coverage that meets the needs of every employee.

The cost is also much more affordable than a traditional health plan and features absolutely no premium increases.

Finally, you don’t have to feel worried or stressed as there is a team of representatives waiting to answer all your questions and help you find the best health coverage for your employees.

The CEOs Guide to Decreasing Group Health Premium Cost

David Imrie

Dr. David Imrie founded RHSA Canada in 2009. Dr. Imrie is a medical doctor and former health insurance professional who has a passion for helping small businesses reduce their healthcare costs. As an executive in the insurance industry, he was shocked to find that so many common healthcare services are covered only partially by most insured plans, when employees were entitled to 100% coverage for all prescription drugs, dental services, and other healthcare expenses. Since leaving the insurance industry in 2001, Dr. Imrie committed to using newer technology to develop a better alternative program for small business health benefits.
Find David Imrie on: