182 employees reported this benefit
Even with the premium, the benefits are still not that great. Out-of-pocket expenses are much more compared to a different bank that I used to work for before ($12 for dispensing fees vs. $0 for previous employer). The maximum dollar amounts for chiropractic care, etc. should be raised as everything seems to go under that umbrella so it gets used up pretty quickly even before the year is up.
cover a lot areas, we can chose plan
CIBC offers life insurance to the employees. Along with this there are short and long term disability and other benefits
Health insurance is provided through sun life which is pretty standard, its pretty much similar to what all banks offer
Up to $4,200 provided for health and other insurance which covers most of the basic plans
Health covers the basics. You might need to reduce health account to get more
Dental and medical are only 50 or 80% paid and only some medication.
tie up with sun life insurance which gives coverage of almost all the health needs, I am under spousal coordinate plans
It depends on the plan you have selected , if you choose comprehensive plan then 80 % is covered from prescriptions.
Allows you to upgrade from standard plan to your own plan if you want to pay extra. The standard plan is included.