The Latest from the AOMBT

All the latest from the AOMBT, including events, presentations and program updates. Please note that plan members may need to log in to access some of these resources.

Enroll in Optional Critical Illness up to $25,000 with no medical evidence - September 2018

September 5, 2018 | Filed under Public.

Enroll in Optional Critical Illness up to $25,000 with no medical evidence - September 2018

From September 1 - 30, our Critical Illness insurer, CHUBB, will accept applications for Guaranteed Issue Optional Critical Illness coverage of up to $25,000. Applications will be accepted without the requirement of medical evidence.

Optional Critical Illness coverage can be purchased to supplement your basic coverage, or to provide coverage for your eligible dependents. Click to download the premium calculator.

We encourage you to consider your family’s needs and personal situation when contemplating optional Critical Illness coverage. A major illness could have a debilitating effect on a person’s life and could potentially translate into huge medical costs that leave a family struggling to meet daily expenses. In such situations, Critical Illness insurance provides financial security for both medical treatment and for supporting your family. While disability policies cover lost income due to an accident or illness, Critical Illness insurance policies pay a lump-sum tax-free benefit in the event you are diagnosed with a serious, life-altering illness or condition, and survive a certain amount of days.

Applications for guaranteed issue optional coverage will be accepted until September 30, 2018. The application form is available for midwives and employer plan member groups. Please mail, fax, or email your completed application to:
AOM Benefits Trust
365 Bloor Street East, Suite 800
Toronto, Ontario M4W 3L4
Fax: 416.921.6556
Tel: 1.866.418.3773 or 416.425.9974

Equitable Life launches plan member video guides

July 31, 2018 | Filed under Public.

Equitable Life launches plan member video guides

AOMBT benefits plan insurer, Equitable Life, has launched a series of video guides designed to help plan members make the most of the benefits plan. There are short videos to help you register for the Equitable Life site, submit banking information for direct deposit of benefits claim reimbursements, and submit benefit claims. You can also watch a full video guide to the Equitable Life plan member website.

Benefit Premiums Update and Plan Changes

July 24, 2018 | Filed under Public.

Benefit Premiums Update and Plan Changes

As part of the annual benefits plan renewal process, the Benefits Trust works with Equitable Life to negotiate premium rates for the upcoming year based on our group's claims experience, claim trends, Equitable's expenses for administering the plans, and their required insurance reserves. As a result of this year's negotiations, benefit premiums will be increasing for all plan member groups, effective August 1, 2018. Premium calculators were sent by email in July; contact us to request a calculator for your plan member group.

The AOMBT Trustees continually strive to achieve a balance between reasonable monthly premiums and providing a comprehensive benefits plan that meets the needs of our plan members. Recognizing the importance of minimizing the impact of increasing premiums, containing costs, and maximizing the amount of benefits funding midwives are able to contribute to retirement savings, Trustees made the decision to implement the following changes to our benefit plans.

Effective September 1, 2018:

  • Coverage for Basic Dental Services reduced to 90%
  • Reimbursement for Paramedical services for eligible dependents (spouse/partner and children) reduces to 80%.

The decision to implement these cost-sharing changes was made after careful review of plan utilization, plan member survey results, and group benefits plan standards.

If you have any questions about these changes or benefit premiums, please contact the AOM Benefits Trust: | 416.425.9974 or 1.866.418.3773

New Video Resource - On the Horizon: Your Retirement Choices

June 28, 2018 | Filed under Public.

New Video Resource - On the Horizon: Your Retirement Choices

The road to retirement is different for everyone. What are your options for converting your savings to income? When can you start collecting Canada Pension Plan and OAS? What happens if you retire early, or late? TFSA or RRSP? Join the AOMBT and Certified Financial Planner Janet Gray for a free webinar to learn more about the decisions you'll need to make on your retirement journey.

Download the presentation or watch the video below.


2017 AOMBT Financial Statements

April 27, 2018 | Filed under Public.

As per the Trust Agreement, the AOMBT Audited Financial Statements for 2017 were shared this week with our midwife plan members by email, along with a letter from Andrea Mills, the Chair of the Finance & Audit Committee. Contact us if you did not receive this email or if you would like to request another copy.

National Employee Benefits Day!

April 2, 2018 | Filed under Public.

National Employee Benefits Day!

April 2 is National Employee Benefits Day! Practice staff, AOM/AOMBT staff, and TBC staff: Are you getting the most out of your health, dental, and income protection benefits? Do you know how to submit claims, access tools and resources, and where to go when you have questions? Take some time today to learn more about your benefits by watching Informed Choices: Benefits for Staff, presented by the AOMBT.

Watch the video below or download a PDF of the presentation.

AOMBT Trustees

April 1, 2018 | Filed under Public.

The AOM Benefits Trust is pleased to announce that Krista Fairles was acclaimed as a Trustee following an open nominations process in February. Krista is a recent MEP graduate from Ryerson University with 30 years of experience in finance. Before entering midwifery, Krista trained and worked as a molecular biologist at the Universities of Guelph and Calgary, giving her a strong foundation in analytical thinking that she applies to both midwifery and finance. Krista is completing her New Registrant year at Midwifery Care of North Don River Valley, where there is a strong commitment to sharing time and skills with the  broader community. 

We also wish a fond farewell to our departing Trustee, Otis Kryzanauskas. Otis joined the Trust in 2015, bringing with him a keen interest in learning the full scope of the Trustee role. Otis made valuable contributions to the sustainability of midwifery both as a Trustee and as a member of the Finance & Audit  Committee. Thank you Otis!  You can find information about our current Trustees, learn more about  what they do and what it’s like to be a Trustee, at

2017 Member Information Reports

March 30, 2018 | Filed under Public.

The Member Information Report is an important financial planning tool for midwives. It reflects your total benefits funding and shows how these funds were allocated to the various components of the benefits plan. 2017 reports were mailed earlier this week, along with any applicable receipts and tax slips. Contact the AOMBT if you have any questions about your MIR.

Group Retirement Savings Plan receipts are mailed by Desjardins Financial. Receipts for contributions from March to December 2017 were mailed in January, and the receipts for the first 60 days of 2018 were mailed earlier this month.

Tax Time for Midwives (video)

February 23, 2018 | Filed under Public.

Tax Time for Midwives (video)

Presented by Susan Morrison, a CPA who knows all about the unique way in which midwives are compensated, Tax Time for Midwives will help midwives prepare for tax season. What documents do you need to have before you start? How is self-employed income taxed? Are there any deductions and credits for which you are eligible?

Download the presentation, or watch the video below