Super lady fighting for the underdog

We Fight For The Little Guy

Canada's unsung heroes deserve access to fair & affordable health benefits.

Our Early Beginnings

Fed up with current status quo of how insurance companies raked millions in undeserved profit, our founder Mark Faiz saw an opportunity to disrupt the health benefits industry.

In 2000, he sought out to create a health benefits company that would be transparent, fair & ethical. Treating members as owners and giving back their unused premiums proved to resonate with small business owners across Canada.

Beneplan Team

A message from the CEO

The millions we give back represents what insurance companies normally keep for profit. We don't believe this is fair. There's a win-win when you focus on transparency, community and not just your bottom line.

Yafa Sakkejha

Yafa Sakkejha, CEO

Strength In Numbers

When small businesses buy health benefits, they go at it alone with little leverage. We negotiate on your behalf with the buying power of hundreds of businesses just like yours.

400+

Member Owners

30,000+

Canadians covered

$100M+

Premiums collected to date

The "Costco" of Health Benefits

Due to our collective bargaining power, we are able to secure the lowest premiums and rates from the big insurers. We are not brokers, we are a buying group.

Beneplan Inc, the third party administrator, manages the administrative operations on behalf of members


Shared Profit, Covered Losses

At the end of every fiscal year, all profits are distributed appropriately to members with surpluses. Members who incurr a loss are forgiven and covered by the co-operative.


Members Make Decisions

Our members are composed of small-medium sized businesses from all types of industries. At our annual meeting, members vote on key decisions affecting the co-operative.

Each member is entitled to 1 vote regardless of their size.

The "Costco" of Health Benefits

Due to our collective bargaining power, we are able to secure the lowest premiums and rates from the big insurers. We are not brokers, we are a buying group.

Beneplan Inc, the third party administrator, manages the administrative operations on behalf of members.

Shared Profit, Covered Losses

At the end of every fiscal year, all profits are distributed appropriately to members with surpluses. Members who incurr a loss are forgiven and covered by the co-operative.

Members Make Decisions

Our members are composed of small-medium sized businesses from all types of industries. At our annual meeting, members vote on key decisions affecting the co-operative.

Each member is entitled to 1 vote regardless
of their size.

We're An Open Book

Our Annual Reports

Transparency, honesty and ethics are the 3 pillars that define our co-operative. An independent auditor audits our detailed financials that break down commission, fees and profit disbursement. See more in our annual reports below.

Our Fees

We have one of the lowest administrative fees for small businesses in Canada

FREQUENTLY ASKED

Have Questions?

What is a co-operative?

A co-operative is a legally incorporated organization that is owned by its members, who use the co-operative's services or purchase their products. Members determine how the co-operative operates, elect the Board of Directors, and allocate the profits amongst its member-owners.

Historically, co-operatives were formed in communities amoungst local artisans and workers who shared common goals and benefited from banding together to share profits and cover losses. There are many examples of co-operatives such as credit unions, retailers, grocery stores, farms and energy companies.

Are there membership fees to join Beneplan?

There is no cost to join and no membership fee.

Can the Co-operative end up in a deficit?

The co-operative is protected by Stop Loss and has also set up significant reserves over the years that could be used for such an unlikely event. Due to its large size, it is virtually impossible for the entire co-operative to be in an overall deficit. To date, we have never been in an deficit.

Meet The Team

We are a diverse and talented group of professionals devoted in delivering the best possible health benefits experience. As a small and nimble team, we encourage people to share ideals, challenge the norm and of course, always have fun.

BlackNorth
Anti-Racism Pledge

80%

Female workforce

10

languages spoken

Equal

opportunity employer

Yafa Sakkeja CEO of Beneplan

Yafa Sakkejha

CEO

Mark Faiz Beneplan

Mark Faiz

Founder, Chairman

Vince Principato President Beneplan

Vince Principato

President

Make a Career at Beneplan

We are always looking to welcome talented individuals to our family. Turn your passion into something great.

a rocket blasting in the sky

Make a Career
at Beneplan

We are always looking to welcome talented individuals to our family. Turn your passion into something great.

  • Top Notch Health & Dental Benefits
  • Group RRSP Plan Contributions
  • Diverse Team Background
  • Learning Workshops & Team Socials
  • Close to TTC routes and DVP (+ free parking!)
  • In Office or Work From Home

Available Opportunities

There are no active openings at this time however we are always accepting interested candidates. Please send your resume to careers@beneplan.ca

Are you an advisor?

Join the movement, stock your shelf with Beneplan.

Learn More

Are you an advisor?

Join the movement, stock your shelf with Beneplan.

Learn More
Employee Benefits Advisor