A transition solution for businesses currently enrolled in the OASSIS benefit plan

To all CEOs and Plan Sponsors whose employees are currently enrolled in the OASSIS benefit plan:

We understand that OASSIS will no longer be operating as a benefits provider as of December 31, 2026.

The Beneplan team is pleased to offer a transition solution for eligible OASSIS plan members, effective January 1, 2027, in partnership with Green Shield Canada (GSC) and The Co-operators Life Insurance Company.

The transition approach will depend on the size of the company, availability of claims history, and the group's existing plan design.

Who Can Transition to Beneplan?

Beginning January 1, 2027, eligible OASSIS groups may transition to Beneplan, subject to the eligibility requirements outlined below.

Companies with 20 or More Full-Time Employees

Companies with 20 or more full-time employees that have their own claims history and complete quoting information may be quoted as a separate group.

These companies will receive:

• Separate group rates based on their own experience
• A customized plan design
• Individual underwriting
• Access to their own claims history and billing information
• Plan design adjustments where applicable

Companies with 10–20 Full-Time Employees or Limited Claims History

Companies with 10–20 full-time employees, or companies without sufficient claims history, may be eligible to transition at rates equivalent to their October 1, 2026 billing, provided they meet the eligibility criteria.

This approach excludes Short-Term Disability (STD) and Long-Term Disability (LTD) benefits and includes certain changes to plan design outlined below.

Eligibility Requirements

All groups remain subject to the contract and booklet provisions of Green Shield Canada and The Co-operators Life Insurance Company.

Businesses and Plan Sponsors

To be eligible:

• The business must have a genuine employer–employee relationship.
• The business must act as the Plan Sponsor, meaning it is responsible for group billing and for the administration and maintenance of plan data in accordance with the applicable contract.
• Only permanent, full-time T4 employees are eligible.
• Seasonal employees are not eligible.
• Part-time employees working fewer than 30 hours per week are not eligible.
• Contractors, volunteers and other non-permanent or non-full-time workers are not eligible.

Minimum Group Size

The minimum group size for this transition is 10 full-time employees.

Participation Requirements

100% participation is required for eligible employees.

Plan members must enroll in all applicable benefits. Members may opt out of Health or Dental coverage only if they provide proof of alternative coverage.

Groups demonstrating anti-selection will not be accepted.

Participation requirements at a glance

RequirementEligibilityMinimum group size10 full-time employeesEmployment statusPermanent, full-time T4 employeesPart-time employeesMust work at least 30 hours/weekSeasonal employeesNot eligibleContractors/volunteersNot eligibleParticipation100% of eligible employeesHealth/Dental opt-outPermitted with proof of alternative coverageAnti-selectionGroups will not be accepted

Claims History and Quoting

Companies with sufficient claims history may be quoted separately based on their own experience and may receive pricing specific to their group.

To request a quote, the group's licensed insurance advisor or broker should submit the following information to:

Diane Carvalho, Vice President of Growth
diane@beneplan.ca

CC: Kumar Shubham, Senior Analyst
kumar@beneplan.ca

Required information

• Current plan booklet and plan design from Canada Life and Green Shield Canada
• Last three years of claims, premiums and rates
• Recent employee census
• List of employees who are not actively at work due to sickness, disability or other leave

Companies that do not have access to their claims history through August 31, 2026 may still be eligible for onboarding, provided they are willing to accept the applicable plan management changes outlined below.

Plan Management for Groups Without Claims History

For groups without sufficient claims history, Beneplan will provide a streamlined transition approach.

Groups wishing to maintain their existing OASSIS plan design will transition from the existing five tiers to three available tiers:

• Value
• Standard+
• Enhanced+

The high-level coverage structure will remain generally consistent, including applicable deductibles, co-insurance and annual limits, subject to the changes outlined below.

Prescription Drug Coverage

The prescription drug benefit will change from a $300,000 lifetime maximum to a $6,000 annual maximum per person in the family, per calendar year.

The prescription allowance will include coverage for GLP-1 and anti-obesity medications up to $2,000 per lifetime.

Paramedical Benefits

Plan TierCombined Maximum for PractitionersValue$300Standard+$400Enhanced+$500

The combined maximum applies to all eligible practitioners, including physiotherapy.

Additional Changes

• Orthotics: Reduced to $90 every two years
• Compression hose: Reduced to $40 every two years
• Travel / Out-of-Province Emergency Medical: Reduced from $1 million per year to $1 million per lifetime, with coverage for up to 60 days out of country

Surcharge Where Claims History Is Unavailable

Groups without sufficient claims history or underwriting information will be assessed a 10% surcharge to their October 1, 2026 billing.

Providing sufficient claims history may eliminate this surcharge.

Life Insurance

For groups without claims history:

• The non-medical-evidence maximum will be $100,000.
• Health evidence maximums will be quoted on a group-by-group basis based on group size and census.

Groups with More Than 20 Employees and Their Own Claims History

Groups with more than 20 employees and sufficient claims history may receive a customized plan and rates based on their own experience.

Prescription Drug Annual Maximums

Full-Time EmployeesAnnual Drug Maximum10–30$6,00031–100$7,500100+$10,000

GLP-1 and anti-obesity medications will be included within the annual drug maximum, with a $2,000 lifetime allowance.

Other Requirements

Stop-loss coverage and rates are mandatory.

Participation requirements include:

• 100% participation among eligible employees
• All eligible full-time employees must join the plan
• Members may only decline coverage with proof of equivalent alternative coverage
• Anti-selection will not be accepted
• Only permanent, full-time T4 employees are eligible
• Seasonal employees are not eligible
• Employees working fewer than 30 hours per week are not eligible

Life Insurance

Non-evidence maximums and benefits will be based on the current booklet, subject to underwriting requirements.

Long-Term Disability

Groups with existing LTD coverage and at least 10 full-time employees will be quoted by The Co-operators.

Short-Term Disability

Companies with 10 or more full-time employees will be eligible for STD coverage.

Telemedicine and Employee Assistance Program

Green Shield Health will provide Telemedicine and Employee Assistance Program (EAP) services.

These services can be added based on the group's existing coverage or if the group wishes to add them as part of the transition, subject to competitive pricing.

Fees

Premiums billed will include the following fees:

FeePercentageSales & Marketing Support10%Administration & Underwriting8%Claims Management5%Premium Taxes2%

Surpluses and Deficits

Groups transitioning to Beneplan will join the Beneplan Co-operative.

Companies that are in surplus after funding an 8% IBNR (Incurred But Not Reported) reserve based on annualized claims may receive up to 50% of their remaining net patronage dividend paid back to the Plan Sponsor.

The remaining surplus will be reinvested in the Co-operative for reserve and marketing purposes.

If a group operates at a deficit, the deficit will be absorbed by the Co-operative. The company will receive a separate renewal with its own premium adjustment at the next renewal cycle.

This process is governed by the Beneplan Co-operative Board of Directors and reported annually through the Co-operative's Annual Report and Financial Statements.

Premiums and Renewal

Groups Without Complete Claims History

Companies with more than 20 employees that do not have complete claims history and meet the eligibility criteria may initially be billed at rates equivalent to their October 1, 2026 rates.

These groups will be rated separately at their next renewal, scheduled for May 1, 2028.

Groups With Claims History

Companies with sufficient claims history will be rated based on their own group's claims experience and may receive a reduction in premiums based on their individual experience.

Group Structure, Billing and Claims

Each business will maintain its own group structure within the Beneplan arrangement.

Group Structure

• Each group will have its own GSC and Beneplan billing division.
• Groups will have access to their own claims history, booklet, billing information and administrative logins.

Billing & Administration

• Each business will receive separate billing from Beneplan Inc.
• Each business will have its own plan administrators.
• Administrators will have access to the Beneplan administration portal.

Beneplan Administration Portal:
https://admin.beneplan.ca

Claims

• Health and Dental claims will continue to be paid by Green Shield Canada under new certificate and billing division numbers.
• New member ID cards will be issued to each group and member following the transition.
• Life Insurance claims will be processed by The Co-operators and administered by Beneplan.

Implementation Checklist

Each business will be required to complete the applicable forms below.

Plan Sponsor Forms

1. Green Shield Canada Master Application / Employee Census
2. Beneplan Web Master Form
3. Beneplan TPA Appointment Form & Beneplan Co-operative Member Application
4. Co-operators Master Application
5. Employee Census

Employee Forms

All employee plan members will be required to complete:

• Enrollment Form
• Student Eligibility Form, where applicable
• Other forms as required based on individual circumstances

Communication & Webinar Schedule

Beneplan will host webinars to help Plan Sponsors, advisors and employees understand the transition.

Webinars for Plan Sponsors & Advisors

• September 18, 2026 — 2:15 PM Eastern
• October 5, 2026 — 12:00 PM Eastern / 9:00 AM Pacific
• October 30, 2026 — 12:00 PM Eastern / 9:00 AM Pacific

Webinars for Plan Members

• October 9, 2026 — 12:00 PM Eastern / 9:00 AM Pacific
• October 30, 2026 — 1:00 PM Eastern / 10:00 AM Pacific

Please contact your broker to receive an invitation to the appropriate webinar.

Prescription Drug Advocacy & Provincial Drug Programs

Beneplan recognizes that changes to annual prescription drug maximums can have a significant impact on plan members.

The objective is to help affected members access available sources of funding for eligible medications wherever possible, including applicable government and manufacturer assistance programs.

Beneplan's Compassionate Drug Assistance Program, which has been operating since 2016, assists plan members in navigating available drug funding and assistance programs.

This concierge service is included as part of the package at no additional cost and provides eligible plan members with one-on-one support.

For more information about Beneplan's Drug Advocacy process, visit:

www.beneplan.ca

Terms & Conditions

This communication does not constitute a guarantee of coverage, a promise of risk acceptance, or a guarantee that claims will be paid.

The transition approach outlined above is a proposed solution based on the current circumstances.

All companies must provide complete and accurate information. Any company found to have deliberately misrepresented information, committed fraud, or intentionally misused plan funds may have its policy revoked and plan cancelled.

Beneplan reserves the right to modify rates or coverage criteria at renewal if the plan is operating at a deficit.

All coverage remains subject to the applicable contracts, certificates, booklets, underwriting requirements and policies of Green Shield Canada and The Co-operators Life Insurance Company.

Contact

Brokers and Agents of Record representing businesses interested in the transition should contact:

Diane Carvalho

Vice President of Growth, Beneplan
diane@beneplan.ca

About Beneplan

Beneplan Inc. is a third-party administrator owned by Navacord, one of Canada's largest insurance brokerage organizations.

Beneplan has been operating since 1989 and is a licensed insurance agency with licensed agents representing its plans.

Since its inception, Beneplan has administered more than $300 million in premiums and operates within the regulatory framework applicable to insurance providers and administrators.

About Navacord

Navacord is a Canadian insurance brokerage organization representing more than $2 billion in group benefits premiums through a network of offices across Canada.

Navacord's approximately 5,000 employees include more than 2,000 licensed insurance professionals, operating under established governance and accountability frameworks designed to support Canadian businesses and their insurance programs.

A Path Forward for OASSIS Plan Sponsors

The transition to Beneplan provides eligible OASSIS Plan Sponsors with a structured path forward as they prepare for the end of the current OASSIS arrangement on December 31, 2026.

Plan Sponsors and advisors are encouraged to review their group's eligibility, claims history and current plan design as early as possible to determine the appropriate transition pathway.

For transition inquiries, please contact Diane Carvalho at diane@beneplan.ca.

Beneplan Inc.
A Navacord Company
500-150 Ferrand Drive
Toronto, ON M3C 3E5 Canada

General: +1 416-863-6718
Toll Free: +1 800-387-1670
Website: www.beneplan.ca

I’d recommend one additional Webflow-specific step before publishing: turn the four implementation documents and the two webinar sections into prominent CTA buttons/cards, rather than leaving them buried in the article. Also, I would verify the Navacord size/market-position statements and the exact webinar dates/times before the page goes live, since those are externally verifiable claims that can change.

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