Traditional Group Benefits
PharmaFlex Benefits offers purpose built, pre-designed, traditional benefit plans that provide competitively priced employee benefits for pharmacy owners and their employees.
A digital group plan for today's employee
PharmaFlex Benefits leverages the best in benefits administration technology to bypass the pains of traditional benefits and provide easy access to the right benefits and resources, right away, right where you are.
Your perfect plan
Choose the plan designed to promote healthy, engaged, loyal and productive employees.
One partner for all your needs
By combining the best in modern plan design, powerful platform tools, and streamlined access to wellness resources that make a difference, PharmaFlex Benefits is your end-to-end benefits solution.
Cost efficient
PharmaFlex Benefits is designed to minimizing program admin costs and optimize your benefit dollars to deliver a superior benefit experience for your employees.
Design the perfect plan for your team
Build the benefit plan design to grow with your business, focusing on employees and work-life balance.
Maximize your spend and reduce unused benefits
Enrollment, plan management, plan administration and billing are all simplified through a dynamic, technology driven interface that interacts directly to the employee benefit insurance company’s administration for greater efficiency. Set-up and plan administration are easier, faster, and simpler.
We handle your benefits, HR, and more
A built-in scheduling and vacation tracking portal as part of the Hybrid, Traditional and Custom plan offerings (see below) put an end to complex scheduling, vacation approval and tracking via excel spreadsheets or other means. Included free of charge!
Our world-class insurance partners
Pharmaflex Benefits has access to all the best Canadian insurers: including Third party Administration (TPA), Third party Payor (TPP), leveraging cloud-based technology to aggregate the elements of a benefits plan from multiple top providers into one seamless user experience.
Discovery
We'll start by understanding your business and employee needs. In this stage, we’ll have an in-depth conversation to assess what benefits matter most to you and your team.
Plan design
Next, we customize a plan tailored to your business. You choose the benefits and coverage options that best align with your goals, all while staying within your budget.
Setup and launch
Once your plan is ready, we handle the setup and ensure everything is in place for a seamless launch. We’ll guide you through the process to make sure your team is ready to start using their new benefits.
Enjoy your benefits
Now it’s time to enjoy the perks! Your employees can start using their benefits right away, giving them peace of mind and helping you attract and retain top talent.
Frequently Asked Questions
What is PharmaFlex Benefits?
PharmaFlex is a consortium of insurance providers, endorsed by McKesson, offering a range of comprehensive insurance products and services to the McKesson banner stores. PharmaFlex includes special products, features and preferred pricing.
Who is PharmaFlex Benefits insurance for?
PharmaFlex serves pharmacists, pharmacy owners and their employees who work under any of the McKesson retail banners: The Medicine Shoppe, Remedy’sRx, Guardian and I.D.A. We also have many other pharmacies from within the McKesson family.
What does it mean to be a preferred vendor for McKesson Canada?
McKesson searched for, vetted, and selected a partner for insurance services. McKesson Canada chose PharmaFlex as a preferred vendor for The Medicine Shoppe, Remedy’s Rx, I.D.A., Guardian and members of their retail buying club. They did their due diligence, so pharmacy owners have one less thing to worry about. PharmaFlex is proud to be a preferred vendor of McKesson Canada and offer you savings and exclusive coverage as part of our group employee benefit plans.
How do you prepare my insurance quote?
Once you request a quote, we call you for a personal consultation. In this conversation, we go over your needs and help you understand your current coverage and options to simplify things, reduce costs or meet your objectives. To produce an illustration or “quote” we require a census of your employees and if you have an existing benefit plan, some information on your plan experience and most recent rate renewal. We then show you how to get the solution you need to put your mind at ease. With our quote and consultation process, you will leave the discussion with an understanding of where your current coverage may or may not meet your needs and how you can save money with PharmaFlex.
How long has PharmaFlex Benefits worked with McKesson?
PharmaFlex has provided quality service to Canadian pharmacists, pharmacy owners and their employees since 2013. While other brokers come and go, our longevity comes from our commitment to understanding pharmacists and pharmacies, serving them well and bringing them greater value than they could otherwise find in the marketplace.
Can you be more specific about what PharmaFlex Benefits offers?
PharmaFlex offers employee group insurance benefits like extended health and dental and employee spending accounts. PharmaFlex also offers personal insurance like life insurance, disability insurance and critical illness insurance. For pharmacy owners, we provide life insurance to fund shareholder/partnership agreements and valuable advice on how to run pharmacy and personal affairs better through integrated planning. Integrated planning lets pharmacy owners integrate their business and personal planning to avoid gaps and eliminate overlaps for greater cost and tax efficiency.
I’m busy so what’s the best way for me to learn about PharmaFlex Benefits insurance products and services?
We designed our website with busy pharmacy owners and pharmacists in mind! We know that you want to research your options at your convenience, so we put as much information as possible right here on our website. By the time you finish reading our site, you will know who we serve, what our products look like and the answers to your most frequently asked questions. However, we feel a personal touch and “learning your way” is the best approach. We are happy to provide customized information, whenever possible visit your pharmacy, or simply join a call to talk about your needs and your goals.
