Sentences with phrase «business premium hiked»
During the same time, its new business premium hiked by 7.7 per cent.
https://www.policybazaar.com/ Not exact matches
Via premium hikes in its Medicare and Medicaid businesses, as well as membership growth in its private Medicare Advantage plans for seniors.
Opposition MPs and businesses have complained for months that the planned EI premium hike, which was little noticed in the March 4 budget package, was a hidden tax hike that would slow job creation at a time when 1.5 million Canadians remain out of work.
However, in the immediate and near future, small and medium - sized business enterprises will also be affected by the insurance market as premiums continue to hike.
In the last year, Premier Clark delivered a massive 28 - per - cent hydro hike to B.C. families and businesses, and implemented even more increases to ferry fares, medical service premiums and ICBC basic insurance rates.
Recent measures such as changes to the Canada Pension Plan, the rollback of planned cuts to Employment Insurance premiums, the introduction of carbon levies and cap - and - trade programs, and significant minimum wage hikes in Ontario and Alberta have a cumulative impact on investment returns and business competitiveness.
The Canadian Federation of Independent Business also noted today it had collected more than 50,000 petitions from small - business owners opposed to CPP premiuBusiness also noted today it had collected more than 50,000 petitions from small - business owners opposed to CPP premiubusiness owners opposed to CPP premium hikes.
«The federal government can not unilaterally change the CPP, and many provinces and small business are opposed to CPP premium hikes.
The ministry also said that while the insurance companies are providing huge discounts to big customers while «snatching business» from other PSU insurers, premiums have been hiked up continuously for individual retail policies.
The claim ratio — which is still very high in the medical insurance business — is likely to exert pressure on insurers to hike premiums further in the coming year.