Olympia Benefits is Moving!
Today, Olympia Benefits bids adieu to our office space in the historic Burns Building. We are looking forward to joining the rest of the Olympia Financial Group Family in the Palliser Towers. Please note: our mailing address will not change. Our telephone, email, and LiveChat services will resume at 10 AM on April 29th. We [...]
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Update: Medical Expense Tax Credit
General revisions have been made to consolidate and improve the readability of the Medical Expense Tax Credit and related documents. Highlights of the revised bulletin include: The addition and inclusive definition of certain medical practitioners Clarification of medical services The meaning of attendant care and full time attendant Clarification on the meaning of the phrase [...]
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Claim Status – Explained
Today, we take a look the various status updates for your claims with the Olympia Health and Dental Plan. You can view the status of your claim by logging in to MY Olympia. New, Preparing: a claim has been entered or is in the process of being entered. Ready to Process: data entry is complete [...]
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Understanding an Explanation of Benefits (EOB)
In today’s post, we are going to look at how to interpret an explanation of benefits (EOB) from a third party insurance company. A medical expense must first be claimed through your traditional insurance (IE your spouse’s plan) before making a claim with the Olympia Health and Dental Plan. The insurance company will provide you [...]
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The Value of Exceptional Expense Insurance
The value of Exceptional Expense Insurance (EEI) is worth exploring. A natural and seamless compliment to the Olympia Health and Dental Plan, EEI acts as a backstop for unusual medical events. Examples include expenses relating to a semi-private hospital room, ambulance, accidental dental, home care nursing, convalescent home care, and mobility assistance devices. Imagine the [...]
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Tax Tips for 2012
Tax Tips for 2012 has been compiled to assist you with your 2012 personal tax returns. Remember: your personal tax return for 2012 has to be filed on or before April 30, 2013. First and foremost, ensure you claim your personal medical expenses with the Olympia Health and Dental Plan. This will save you up [...]
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Extended Dental Coverage
We all know that feeling after making a trip to the dentist for some extended dental work. Our mouth is in shock and slowly but surely that incessant headache has us reaching for the nearest pain killer. To make matters worse, after the physical pain subsides, we are often left with the reality of a [...]
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Lower Taxes with Olympia Benefits
The Olympia Health and Dental Plan helps small business owners lower their taxes. To understand how this works, we need to take a look at Marginal Tax Rates. Investopedia explains the Marginal Tax Rates as: The amount of tax paid on an additional dollar of income. The Marginal Tax Rate for an individual will increase as [...]
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Updating your Olympia Health Plan
Every so often, you may need to update your Olympia Health and Dental Plan. Maybe you need to change an address, add a Dependant, or modify a Benefit Level. The following is a guide for the various changes involved with your Plan. Please note that all forms should be scanned or emailed to sales@olympiabenefits.com or [...]
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Olympia Financial Group named to Alberta’s Top 60 Employers
Olympia Financial Group Inc. (TSXV: OLY) is pleased to announce that it has been named one of Alberta’s Top 60 Employers. Alberta’s Top Employers is an annual competition organized by the editors of Canada’s Top 100 Employers. This special designation recognizes the Alberta employers that lead their industries in offering exceptional places to work. Employers [...]
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