Products and Services

A Different Approach to Customizing Your Benefit Plan

Multiple insurance providers. Extensive product selection. Seamless group benefits offerings. All at a competitive price.

Products

Life And Accidental Death & Dismemberment

Group Life and Accidental Death & Dismemberment (AD&D) insurance benefits are a staple in any group benefit plan. They provide valuable coverage to employees and their families in the event of an unfortunate accident or death.

Health & Dental

Health and Dental benefits can be tailored to suit your needs with a wide variety of plan design choices. RWAM offers a range of costing options from co-pays and per visit maximums to specialized drug formularies.

Disability

Short-Term or Long-Term disability (STD or LTD) benefits provide income replacement coverage when an accident or illness prevents an employee from maintaining their regular work duties. With our access to multiple disability providers, RWAM is able to offer a wide range of disability management programs.

Critical Illness

Critical illness (CI) provides employees with a lump-sum payment in the event of a named critical illness, allowing the employee to focus on recovery. CI insurance has everything to do with living and nothing to do with dying.

Plan Members - see your plan administrator for more information on this benefit, if applicable to your group benefit plan.

Travel

Whether leaving your province or the country, travel emergency medical coverage provides protection in the event of an unforeseen accident or illness. RWAM offers multiple plans with varying trip duration and referral and non-referral benefits. Individual top-up coverage is also available if an individual's trip duration exceeds their group coverage. For more information visit our Travel Coverage page.

Stop Loss

Stop loss pooling is a way for employers to limit the risk of large health care claims impacting their health insurance premiums. Increased incidents of large drug claims (especially new drugs) are a major contributor to escalating claims costs. RWAM offers a variety of stop loss thresholds to accommodate group sizes and employer risk tolerance.

1two3™ Small Group Plan

The 1two3™ Small Group Plan is specifically designed for businesses with 1-5 employees. This program offers comprehensive benefits including Life, Accident, Extended Health Care (including Out-Of-Country) and optional dental and/or long-term disability.

™ Trademark of RWAM Insurance Administrators Inc. All rights reserved.

Funding Alternatives

Profit Participation Plan

RWAM's Profit Participation Plan (PPP) is a funding alternative which allows employers to share in the profitability of Group Health and/or Dental plans. In years when the Health or Dental plan generates an underwriting surplus participants will share in that surplus with the insurer. In years when the plan generates a deficit, the full deficit is the responsibility of the insurer.

Administrative Services Only

More and more employers are considering self-funding certain aspects of their employee benefit plan. RWAM provides a seamless approach to pricing and administering Administrative Services Only (ASO) benefits in conjunction with insured benefits. Employers can choose from multiple insurance providers, while employees continue to enjoy the convenience of a one-time enrolment process and a consolidated employee Benefits Booklet.

Health Spending Account

A Health Spending Account (HSA) is an individual employee account, funded by the employer, which provides reimbursement of eligible health care expenses. Employers benefit from a convenient way to deliver tax-effective compensation, the ability to better budget their cash flow, by providing employees with greater choice.

Cost Plus / Additional Reimbursement Benefit

In situations where an employer desires to provide supplemental benefit coverage for employees, a Cost Plus / Additional Reimbursement Benefit (ARB) arrangement may provide the right solution.

Supplementary Benefits

Employee Assistance Plan

An Employee Assistance Plan offers employees confidential resources to help manage issues related to work, life and everything in between.

Second Medical Opinion Services

Second Medical Opinion Services provide employees experiencing serious health conditions access to medical doctors and specialists from the most respected facilities in the USA. Services range from clinical assessment to on-site treatment.

Conversion Plans

Health, Dental and Life Insurance conversion plans are available for employees whose group benefits are terminating.