Shoreline offers comprehensive group benefits for Canadian employees through Equitable Insurance. Benefits are optional and cost $200/month per employee. Coverage becomes effective after a 60-day waiting period from the employee's start date.
The premium follows a 70/30 cost-sharing model, where employers cover 70% of the monthly premium and employees contribute the remaining 30% through payroll deductions. This optional program includes life insurance, prescription drug coverage, paramedical services, vision care, and dental benefits.
For employees seeking additional coverage, the employer may sanction one-time payments to cover employee expenses, such as gym memberships, additional Wellness visits, etc.
All permanent employees working a minimum of 20 hours weekly with provincial health insurance are eligible to participate. See the detailed breakdown below for specific coverage limits and terms.
| Category | Coverage Details |
|---|---|
| Life Insurance & AD&D | • Basic coverage: $50,000• Reduces to 50% at age 65• Terminates at age 70 or earlier retirement |
| • Dependent coverage: - Spouse: $10,000 - Child: $5,000 per child | |
| Disability | • Short Term: $10,000 |
| • Long Term: Not covered | |
| Drug Plan | • 80% coinsurance |
| • Pay-direct drug card | |
| • Mandatory generic drugs | |
| • $7,500 annual maximum | |
| • No coverage for: - Fertility drugs - Smoking cessation - Vaccines | |
| Major Medical | • No deductible |
| • 80% coinsurance | |
| • Semi-private hospital room (100%) | |
| • Hearing aids: $500/5 years• Private duty nursing: $10,000/year | |
| • Out of province/country: $5M lifetime maximum •90-day trip duration limit | |
| Paramedical Services | • 80% coverage |
| • $300 per practitioner annually | |
| • No doctor referral required | |
| • Covered practitioners: - Acupuncturist - Chiropractor - Massage Therapist - Naturopath - Osteopath - Physiotherapist - Podiatrist/Chiropodist - Psychologist/Social Worker/Counsellor - Speech Therapist | |
| Vision Care | • 80% coverage |
| • $200 per 24 months for glasses/contacts | |
| • Eye exams once per 24 months | |
| Dental Care | • 80% coverage for basic services |
| • $1,500 annual maximum | |
| • No deductible• Recall exams every 6 months | |
| • 8 units of scaling per year | |
| • No major restorative or orthodontics coverage | |
| Additional Options | • Health Care Spending Account |
| • Virtual Medical Care (Dialogue): $3.40/certificate/month• Second Opinion (WorldCare ACCESS): $1.60/certificate/month | |
| • Employee Assistance Program (Homewood Health): $3.30/certificate/month | |
| Monthly Rates | • Monthly Single Rate: $76.40 |
| • Monthly Family Rate: $185.34 | |
| Total Monthly Premium: $983.08 | |
| Financial Details | • Rate guarantee: 16 months (health/dental), 28 months (pooled benefits) |
| • 15% rate cap on first renewal (health and dental) | |
| • Target loss ratio: 79.2% | |
| • Large Amount Pooling threshold: $15,000 per person | |
| Eligibility Requirements | • Must be permanent, full-time employee |
| • Minimum 20 hours/week (25 for Manulife) | |
| • Must be actively working | |
| • Must have provincial health insurance | |
| Quote Details | • Valid for 60 days |
| • Rates may be adjusted if demographics change >25% at enrolment | |
| • Cost containment options available | |
| • Plan design enhancements available upon request |