Navigating Benefits Plan: Understanding and Managing Overage Dependents in Canada
BenefitsThe summer has come and gone, and there is much to look back on. Now that it’s the beginning of Fall, we are settling into our routine of school and work. Whether you are a parent or a student in college, you know how those first few weeks are, which can be described in one word: chaos. However, have no fear, as we are here to assist by supplying you with information regarding your overage dependents and what that means for their coverage on your benefit plan. What is classified as an overage dependent? In Canada, an overage dependent (OAD), is a dependent that has reached a certain...