Benecaid is a Canadian company that has been providing health benefits plans for over 10 years. They administer health spending accounts and health/dental plans for over 50,000 Canadians and 5,000 companies. Their offerings include Health Spending Accounts that allow pre-tax dollars to be used for healthcare costs, as well as insurance plans. Their flexible plans are more cost effective than traditional insurance plans.

1. Benecaid Health Benefits Opening the Door to New Opportunities September 30 , 2010

3. Benefits of Partnering with Benecaid

4. Benecaid’s Product Offerings Benecaid Health Spending Account ®

8. HSA Case Study Typical Services Costs in 2010 Chiropractor $350 Massage $200 Dental $250 Laser Eye Surgery $4,200 TOTAL: $5,000 Without an HSA Gross income required: $9,000 (assumes $4,000 in source deductions) With a Benecaid Health Spending Account Gross income required: $5,600 (cost of services plus admin fees & taxes) SAVINGS TO HSA Holder: $3,400 Save on healthcare services

12. Benecaid Company/Plan Sponsor Insurance Company PROFITS EHC Dental Pays premiums* Pays claims using premiums Unclaimed premiums Company/Plan Sponsor Funds held in reserve EHC Dental Pays deposits Pays claims using deposits Unused deposits *includes estimated claims + administration fees + reserve funds + adjustments for trends & inflation + profit Traditional Insurance Plans Unused funds are reimbursed to the customer $$

13. Stop-Loss Explained

14. How does FlexStyle work? Claims paid using deposits : $4700 Remaining funds from deposits are held in reserve Total Claims: $8950 Claims paid through insured portion : $4250 Plan Members John Bob & spouse Jill & family Joan Igor Blake $1000 $2000 $3000 DEDUCTIBLE $2500 $3200 $1550 $800 $400 $500 Amounts above the deductible are covered through insured portion of plan Amounts below the deductible are covered by deposits Unspent deposits are returned to the customer

15. Benecaid flex style case study Month Beg of Month Monthly Payments Withdrawal Insurance Recovery EHC Claims Dental Claims Stop Loss Admin Fees Pooled Benefits Taxes Drug Card Fee Reserve Month End Travel July 3,001.62 - - 207.37 135.20 351.88 69.45 - 41.20 60.00 2,136.52 August 2,136.52 1,498.58 - - 402.13 187.20 351.88 94.12 - 68.35 2,531.43 September 2,531.43 1,498.58 - 390.00 269.70 351.88 101.16 - 76.09 2,841.18 October 2,841.18 1,498.58 - 340.28 135.20 351.88 82.74 - 55.82 3,373.85 November 3,373.85 1,498.58 - 726.78 570.24 351.88 164.89 - 146.19 2,912.45 December 2,912.45 1,498.58 - 197.02 94.98 351.88 64.39 - 35.64 3,667.12 January 3,667.12 1,498.58 - - - 407.20 351.88 75.91 - 48.31 4,282.40 February 4,282.40 1,498.58 - - 785.81 - 351.88 113.77 - 89.96 4,439.56 March 4,439.56 1,498.58 - 368.59 590.00 435.87 351.88 137.78 - 116.36 4,674.84 April 4,674.84 1,498.58 - 619.35 561.32 - 351.88 91.32 - 65.26 5,722.99 May 5,722.99 1,498.58 - 15.40 15.40 312.69 351.88 68.00 - 39.61 6,449.39 June 6,449.39 1,498.58 - 273.00 117.85 315.34 70.62 - 46.65 7,124.52 Totals 14,985.80 - 1,003.34 4,489.11 2,666.13 4,186.02 1,063.51 - 782.79 60.00 Claims Reserve Balance 7,124.52 EHC claims - net of Insurance recovery 3,485.77 Dental Claims 2,666.13 Stop Loss 4,186.02 Pooled Benefits - Adm+Taxes 1,846.30 Total Expenses 12,184.22 Average Monthly Expenses (Based on 12 months) 1,015.35

16. flex style case study Employee claims activity ID Drug Paramedical Hospital Vision Orthopedic Footwear EHC Other Total EHC Total Dental Total Claims Deductible Insurance Recovery 1 2,288.34 715.00 0.00 0.00 0.00 0.00 3,003.34 293.26 3,296.60 2,000.00 1,003.34 2 0.00 273.00 0.00 200.00 0.00 400.00 873.00 603.48 1,476.48 2,000.00 0.00 3 131.97 0.00 0.00 330.80 0.00 0.00 462.77 736.00 1,198.77 2,000.00 0.00 4 0.00 0.00 0.00 0.00 0.00 0.00 0.00 435.87 435.87 2,000.00 0.00 5 0.00 0.00 0.00 0.00 0.00 0.00 0.00 344.47 344.47 2,000.00 0.00 6 0.00 0.00 0.00 0.00 0.00 0.00 0.00 253.05 253.05 2,000.00 0.00 7 0.00 150.00 0.00 0.00 0.00 0.00 150.00 0.00 150.00 2,000.00 0.00 2,420.31 1,138.00 0.00 530.80 0.00 400.00 4,489.11 2,666.13 7,155.24 1,003.34

17. flex style case study - Results Benecaid flex style vs previous provider EHC Dental Total # of EE Single $ 83.38 $ 27.06 $ 110.44 3 331.32 Family $ 211.79 $ 75.14 $ 286.93 3 860.79 Monthly Total 1,192.11 With 8% PST 1,287.48 2 12 Months 15,449.75 Total Expenses To Date With Benecaid 12,184.22 Cost using Traditional Insurance (From Above) 15,449.75 Savings With Benecaid 3,265.53 21%

18. Why Benecaid?