Sun Life Group Benefits Coverage for Psychological Services (March 2021)

Sun Life recently released the document Shaping group benefits: Employer insights that are helping guide the plans of the future, which is intended to help employers shape their (health) benefits for employees.  Importantly, following discussions initiated by CPA, Sun Life included the CPA’s recommendation to increase coverage for psychological services to $3,500-$4,000.  Many employers currently cap their coverage in the $500-$1,000 range. This step is an important recognition by one of Canada’s largest insurers of the value to employers in providing meaningful amounts of coverage for psychological services.