Beneworx Inc.    

Employee Benefits Consulting is at the core of what we do. 
Simply put, with over 30 years of group insurance knowledge and experience, Beneworx Inc. will create a dynamic “tailor-made” group life & health and/or pension plan(s) that not only changes your employee’s lives, but at the same time, manages risk and maximizes return on investment.  Can we build a plan for you? 

Our Services

Consulting to:

  • Individuals
  • Corporations
  • Associations
  • Unions

Group Life & Health Benefit Plans

  • Fully-Insured (Non-refund & Retention)
  • Self-Insured (ASO)
  • Health Spending Accounts (HSA)
  • Employee Assistance Plans (EAP)
  • Wellness Programs
  • Executive Health Plans

Pension Plans

  • Registered Retirement Savings Plans (RRSP)
  • Deferred Profit Sharing Plans (DPSP)
  • Defined Benefit Pension Plans
  • Defined Contribution Pension Plans
  • Individual Pension Plans (IPP)

Living Benefits

  • Life Insurance
  • Disability Insurance
  • Critical Illness
  • Long-Term Care

Outsourced Services

  • Third Party Administration
  • Disability Claims Management
  • HR Consulting
  • WSIB Consulting


Client Challenge:

A client was tired of receiving significant year-over-year premium increases to their traditional employee benefit plan. They wanted to maintain their benefit costs within their budget, while at the same time, provide their employees with some flexibility and add an element of employee choice.
Solutions Implemented:

Redesigned benefit plan to core Life, AD&D, LTD and OOC;
self-insured core Prescription Drug benefit at 80% with Stop-Loss;
self-insured core basic and major Dental benefit with $1,000 annual maximum.  Also added was a Health Care Spending Account (HCSA) equal to 3% of employee earnings, updated annually.


  • Renewal increase was neutralized by implementation of core plan benefits, maximums and HCSA, while at the same time ER exposure to catastrophic risk was limited by adding the Stop-Loss benefit.
  • Employee empowerment, choice and flexibility are now enabled via HCSA dollars.
  • Employee seniority and occupational distinctions were recognized by annual increases in HCSA dollars as a percentage of earnings.

Beneworx Inc.  108 Allan Street, Unit 1, Oakville, ON, L6J 3N1