Launched in 2016, Standalone® was born out of a desire to help working Canadians and to give as many people as possible access to the benefits they want. We’re proud to be able to say that it is doing just that – offering new options to those who otherwise might not be able to access them. One of the main differences of Standalone® is that it does not conform to traditional benefits rules – in fact, any incorporated company can apply, regardless of the number of employees or benefits budget.
The eligibility is also very open, making Standalone® an excellent choice for all of your employees, including part-time or seasonal employees who typically wouldn’t meet the hourly requirements. Employers decide how much they want to spend, and the employees decide what they want to use it for, making it a great “bang for your buck” option. Employees get the coverage they most want, and employers spend only what they want to spend – no surprise premium increases.
Standalone® Truly Stands Alone
Many different products exist out there, and finding the right one can be difficult. BBD aims to make this choice as simple as possible, while maintaining the same level of coverage and flexibility that those who work with us have come to expect. Standalone® allows us to fulfill these expectations for as many people as possible, with no concerns for pre-existing conditions, age or previous coverage. It’s a revolutionary product that smashes the idea of one-size-fits-all coverage, because we understand that not everyone is the same, and therefore should not have the same coverage.
Oh, and another thing – Standalone® is entirely electronic. You can manage your benefits from the Standalone® platform page, completely skipping the hassle of filling out paper forms and waiting for them to be processed and sent back.
Flexibility to Fit the Pieces Together
At BBD, we understand that sometimes things just don’t work. Your previous plan drove your usage up, and your drug benefit is being maxed, driving up your premiums to a level you just can’t do anymore. Rather than go to the trouble of finding a new provider, choosing a new benefits plan and implementing it all over again (or worse yet, choosing to neglect coverage at all) BBD can offer Standalone®. A simple and safe solution because you’ll only ever pay what you choose to offer your employees, and they’ll only ever use what they need to use. This allows you to maintain coverage and focus on insuring what your employees really value – whether that be wellness initiatives, dental, overall health, or other flexible options.
Standalone®: A Product Story in Summary
Ultimately, Standalone® works to insure as many people as possible, offering greater flexibility and fewer limits to those who can or cannot be insured, making it an excellent option for part-time and seasonal workers, or for those who would no longer qualify for a traditional plan with a different insurer.
Standalone® is an important part of our business, and a platform and cornerstone of who we are as a company. To drive this home, we elect product champions for each of our products – experts who know the ins and outs of their chosen product. If you would like to learn more about Standalone® and what it can do for you and your business, click below.