Plan Implementation

Five Myths About Group Insurance - Debunked With ASSET 2-25

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Aug 13, 2025 10:03 AM
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In a country like Canada, where the vast majority of businesses are SMEs, the question of whether to include a group insurance plan as part of employee compensation often takes centre stage. No one’s against doing the right thing—but many employers believe that offering a group insurance plan is too complicated, too expensive or simply too demanding for the resources they have. On the other hand, losing employees to companies that do offer benefits can seriously impact the stability and growth of a company. 

Fortunately, there are solutions—starting with ASSET  2-25, an AGA Benefit Solutions product for companies with 2 to 25  employees. In this article, we break down five common myths about group insurance and show how ASSET 2-25 addresses each one.

Myth 1: "My Business Is Too Small."

False. With ASSET 2-25, companies with 2 to 25  employees can offer a comprehensive group insurance plan - without having to wait until they grow. It’s a solution built specifically for SMEs, with options tailored to their needs. 

It’s simple: with ASSET  2-25, the employer selects a health care plan from six options - Onyx, Quartz, Crystal, Ruby, Sapphire and Diamond. These plans include drug coverage, a variety of medical expenses and, depending on the option, paramedical specialists including a wide range of mental health professionals. ASSET  2-25 also has coverage for vision care, travel insurance and critical illness insurance. 

Each option offers a different level of coverage and cost, making it easier to match the budget of both employers and employees. 

Myth 2: "There’s Not Enough Flexibility."

Quite the opposite. In addition to the six health care plan options, ASSET  2-25 offers a wide range of optional add-ons. For example, you can: 

You can build a custom plan and adapt it over time, even as a small employer. 

Myth 3: "It’s Too Complicated to Manage."

Not anymore. With the AGA +PLUS platform, administrative management is  simple, fast and centralized. You have access to a user-friendly employer portal and your employees can manage their claims online through the Members portal. They also get a wallet card, which is very useful at pharmacies, with health care professionals and for electronic claims processing.  

What’s more, AGA’s Customer Care team is just a phone call away, offering your employees direct support for claim follow-ups or general coverage questions, which minimizes your involvement. (Administrators also have access to online and telephone support!) 

Myth 4: "It’s Too Expensive for My Budget."

Not at all. ASSET  2-25 offers some of the most attractive rates and highly competitive administrative fees. With multiple coverage levels to choose from, you control costs while still providing your employees with quality coverage. 

And don’t forget that healthy employees who feel secure knowing they’re covered in case of the unexpected are less stressed, more focused and more productive. That’s a win for your business and your profitability. 

Myth 5: "Employees Aren’t Interested in Benefits Anymore."

Think again. Benefits remain a powerful tool for attracting and retaining employees, no matter the age group. Among Canadian workers surveyed who wanted to change jobs in 2024, 31% cited "better benefits" as their reason.1 Meanwhile, over 75% of Canadian employees believe their employer should offer generous mental health coverage.2 Benefits are more than ever at the heart of what sets a company apart in today’s competitive job market. 

In a Nutshell...

ASSET  2-25 is the perfect solution for businesses with 2 to 25  employees that want to offer more, without the hassle. Accessible, flexible, affordable - and above all, designed with you in mind. Visit the ASSET  2-25 webpage to learn more or explore our other group insurance products at AGA! 

1Robert Half survey, 2024

2TELUS Health Mental Health Index, 2025 

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Edith Pelletier, Group Insurance Plan Advisor
With nearly 25 years of experience in group insurance and employee benefits, many of them on the insurer side, Edith brings deep expertise to her work. She collaborates closely with advisors on portfolio management and shares her extensive knowledge across all AGA teams. Dedicated to enhancing the customer experience, Edith approaches her work with rigor and structure. Her strong communication skills and well-earned credibility make her a trusted partner within our network and among business collaborators.
Infolettre

Five Myths About Group Insurance - Debunked With ASSET 2-25

five-myths-about-group-insurance-asset-2-25

In a country like Canada, where the vast majority of businesses are SMEs, the question of whether to include a group insurance plan as part of employee compensation often takes centre stage. No one’s against doing the right thing—but many employers believe that offering a group insurance plan is too complicated, too expensive or simply too demanding for the resources they have. On the other hand, losing employees to companies that do offer benefits can seriously impact the stability and growth of a company. 

Fortunately, there are solutions—starting with ASSET  2-25, an AGA Benefit Solutions product for companies with 2 to 25  employees. In this article, we break down five common myths about group insurance and show how ASSET 2-25 addresses each one.

Myth 1: "My Business Is Too Small."

False. With ASSET 2-25, companies with 2 to 25  employees can offer a comprehensive group insurance plan - without having to wait until they grow. It’s a solution built specifically for SMEs, with options tailored to their needs. 

It’s simple: with ASSET  2-25, the employer selects a health care plan from six options - Onyx, Quartz, Crystal, Ruby, Sapphire and Diamond. These plans include drug coverage, a variety of medical expenses and, depending on the option, paramedical specialists including a wide range of mental health professionals. ASSET  2-25 also has coverage for vision care, travel insurance and critical illness insurance. 

Each option offers a different level of coverage and cost, making it easier to match the budget of both employers and employees. 

Myth 2: "There’s Not Enough Flexibility."

Quite the opposite. In addition to the six health care plan options, ASSET  2-25 offers a wide range of optional add-ons. For example, you can: 

You can build a custom plan and adapt it over time, even as a small employer. 

Myth 3: "It’s Too Complicated to Manage."

Not anymore. With the AGA +PLUS platform, administrative management is  simple, fast and centralized. You have access to a user-friendly employer portal and your employees can manage their claims online through the Members portal. They also get a wallet card, which is very useful at pharmacies, with health care professionals and for electronic claims processing.  

What’s more, AGA’s Customer Care team is just a phone call away, offering your employees direct support for claim follow-ups or general coverage questions, which minimizes your involvement. (Administrators also have access to online and telephone support!) 

Myth 4: "It’s Too Expensive for My Budget."

Not at all. ASSET  2-25 offers some of the most attractive rates and highly competitive administrative fees. With multiple coverage levels to choose from, you control costs while still providing your employees with quality coverage. 

And don’t forget that healthy employees who feel secure knowing they’re covered in case of the unexpected are less stressed, more focused and more productive. That’s a win for your business and your profitability. 

Myth 5: "Employees Aren’t Interested in Benefits Anymore."

Think again. Benefits remain a powerful tool for attracting and retaining employees, no matter the age group. Among Canadian workers surveyed who wanted to change jobs in 2024, 31% cited "better benefits" as their reason.1 Meanwhile, over 75% of Canadian employees believe their employer should offer generous mental health coverage.2 Benefits are more than ever at the heart of what sets a company apart in today’s competitive job market. 

In a Nutshell...

ASSET  2-25 is the perfect solution for businesses with 2 to 25  employees that want to offer more, without the hassle. Accessible, flexible, affordable - and above all, designed with you in mind. Visit the ASSET  2-25 webpage to learn more or explore our other group insurance products at AGA! 

1Robert Half survey, 2024

2TELUS Health Mental Health Index, 2025 

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