Latest news in Health benefits

Pharmacy benefits managers to play growing role in boosting outcomes, addressing costs

Pharmacy benefits managers to play growing role in boosting outcomes, addressing costs

Health-care costs are projected to increase a whopping 130 per cent over the next eight years after a period of relatively flat growth, according to…

  • April 30, 2018 September 13, 2019
  • 14:22
SurveyMonkey introduces benefits package for contract workers

SurveyMonkey introduces benefits package for contract workers

SurveyMonkey Inc. is introducing health benefits, improved time-off policies and transportation subsidies for its contract employees and those who work with the company through third-party commercial…

  • By: Staff
  • April 30, 2018 September 13, 2019
  • 12:00
RBC Insurance to study pharmacogenetic testing for biologic drugs

RBC Insurance to study pharmacogenetic testing for biologic drugs

When RBC Insurance Services Inc. began offering pharmacogenetic testing to its group benefits plan sponsors and began a clinical study of the issue in relation…

Sun Life recognized for digital functionality

Sun Life recognized for digital functionality

Sun Life Financial Inc. has received top marks from Forrester Research Inc. for the digital functionality of its life insurance business. The research and advisory firm evaluated the websites of…

  • By: Staff
  • April 26, 2018 September 13, 2019
  • 16:00
iA Financial rolls out new group health and wellness product

iA Financial rolls out new group health and wellness product

The iA Financial Group is introducing a new group health and wellness product that allows employers to create a customized program to manage health-related issues within their…

  • By: Staff
  • April 25, 2018 September 13, 2019
  • 16:00
People Watch: New appointments at Canada Infrastructure Bank, Financial Horizons

People Watch: New appointments at Canada Infrastructure Bank, Financial Horizons

The Canada Infrastructure Bank has appointed Annie Ropar as its chief financial officer and chief administrative officer, effective June 1. In her duties as chief…

  • By: Staff
  • April 25, 2018 September 13, 2019
  • 10:21
Have your say: Did Commons committee get it right on pharmacare?

Have your say: Did Commons committee get it right on pharmacare?

In last week’s report on pharmacare, the House of Commons’ standing committee on health recommended a significant departure from the current mix of private drug…

Workplace disability coverage drops significantly from 2015

Workplace disability coverage drops significantly from 2015

Less than half of working Canadians have disability coverage provided through their workplace benefits, according to a survey by RBC Insurance Services Inc. The survey,…

  • By: Staff
  • April 24, 2018 September 13, 2019
  • 09:59
France-based insurer acquires Benecaid

France-based insurer acquires Benecaid

France-based insurance company April has acquired Benecaid Health Benefits Solutions Inc. The acquisition will allow the Lyon, France-based company to expand and diversify the Canadian side…

Great-West Life expands mental-health coverage, adds paramedical benefits for staff

Great-West Life expands mental-health coverage, adds paramedical benefits for staff

Great-West Life Assurance Co. is expanding its benefits offering to employees, including increasing the maximum coverage for mental-health services to $5,000 a year, eliminating prescription drug deductibles…

  • By: Staff
  • April 19, 2018 September 13, 2019
  • 16:30
Commons committee recommends national pharmacare program

Commons committee recommends national pharmacare program

The House of Commons’ standing committee on health is recommending the creation of a universal, single public payer prescription drug coverage program for all Canadians.…

  • By: Staff
  • April 19, 2018 September 13, 2019
  • 10:15
Virtual care among ‘dramatic change’ predicted for benefits plans in future

Virtual care among ‘dramatic change’ predicted for benefits plans in future

One of the biggest changes in the benefits industry over the next five years will be the movement towards virtual care as a standalone category,…

MedReleaf introduces identification numbers for medical pot products

MedReleaf introduces identification numbers for medical pot products

Canadian cannabis producer MedReleaf Corp. has introduced a product identification number for 57 of its medical marijuana products in an effort to facilitate coverage in…

  • By: Staff
  • April 16, 2018 September 13, 2019
  • 10:20
A look at one company’s experience with pharmacogenetic testing

A look at one company’s experience with pharmacogenetic testing

At General Electric Co. Canada, part of Dr. Sol Sax’s job as consultant and medical director is to support and refine the company’s disability management process. That process…

Youth drug claims cut in half since launch of OHIP+

Youth drug claims cut in half since launch of OHIP+

Since Ontario’s youth pharmacare program took effect on Jan. 1, the number of drug claims for those under the age of 25 has been cut…

Hub acquires Vancouver-based benefits, consulting firm

Hub acquires Vancouver-based benefits, consulting firm

Hub International Ltd. has acquired Vancouver-based employee benefits and pension consulting firm ES3 Insurance Services Ltd. The company operates as ES3 Advisory and was founded…

  • By: Staff
  • April 6, 2018 September 13, 2019
  • 09:48
Hub International acquires Ontario-based retirement, benefits firm

Hub International acquires Ontario-based retirement, benefits firm

Hub International Ltd. has acquired Windsor, Ont.-based retirement and benefits firm the Benefits Company Inc. The deal follows a recent string of acquisitions by Hub International over the…

  • By: Staff
  • April 4, 2018 September 13, 2019
  • 10:18
Pension and benefits highlights of the Ontario budget

Pension and benefits highlights of the Ontario budget

On Wednesday, Ontario Finance Minister Charles Sousa unveiled his 2018 budget ahead of the upcoming provincial election. Benefits Canada has narrowed down the key budget items that…

  • By: Staff
  • March 29, 2018 September 13, 2019
  • 09:57
OHIP+ for seniors a ‘significant win’ for employers with retiree benefits plans

OHIP+ for seniors a ‘significant win’ for employers with retiree benefits plans

Ontario’s move to expand its youth pharmacare program to seniors in 2019 could be a significant win for plan sponsors offering retiree benefits. “A company would…

Ontario unveils new drug, dental coverage for people without workplace benefits

Ontario unveils new drug, dental coverage for people without workplace benefits

While Wednesday’s provincial budget in Ontario offered details on the inclusion of seniors in the government’s pharmacare program, Ontarians over age 65 aren’t the only cohort set to…

Ontario Trillium program sees rise in young users, spend on high-cost drugs

Ontario Trillium program sees rise in young users, spend on high-cost drugs

The number of Ontarians using the Trillium drug program increased threefold between the beginning of 2000 and the end of 2016, according to a new…

  • By: Staff
  • March 27, 2018 September 13, 2019
  • 16:30
Have your say: Is benefits fraud a widespread problem?

Have your say: Is benefits fraud a widespread problem?

With fraud prevention month underway, just how big of a problem is the issue for plan sponsors? “As an industry, we estimate that benefits fraud…

Lower generic prices not a cure for drug cost pressures

Lower generic prices not a cure for drug cost pressures

The announcement in late January that 70 of the most commonly prescribed drugs will see their prices fall by as much as 40 per cent on April 1…

  • March 26, 2018 September 13, 2019
  • 16:14
Manager in Sudbury benefits fraud case ordered to pay $20M to former employer

Manager in Sudbury benefits fraud case ordered to pay $20M to former employer

A former Atlas Copco Canada Inc. manager sentenced to jail time for his part in a benefits kickback scheme now faces a $20-million bill from his…

Canadian employers expect rise in medical leaves due to mental health: survey

Canadian employers expect rise in medical leaves due to mental health: survey

Forty-two per cent of Canadian employers are anticipating an increase in medical leaves related to mental-health concerns and illnesses, according to a report by the Conference Board…

  • By: Staff
  • March 22, 2018 September 13, 2019
  • 17:34