Latest news in Health benefits

Ontario Power Generation ordered to cut pension, benefits costs by 2021

Ontario Power Generation ordered to cut pension, benefits costs by 2021

The Ontario Energy Board is ordering Ontario Power Generation Inc. to cut a substantial amount from its pensions and benefits costs by 2021. In a report published last…

  • By: Staff
  • January 5, 2018 September 13, 2019
  • 09:00
More Canadians in private insurance drug pools

More Canadians in private insurance drug pools

In 2016, more than 20,500 Canadians benefited from the private insurance drug pooling systems, according to the Canadian Drug Insurance Pooling Corporation (CDIPC). Further, CDIPC’s…

2017 opioid deaths on pace to hit 4,000: PHAC

2017 opioid deaths on pace to hit 4,000: PHAC

At least 1,460 Canadians have died from opioid-related overdoses in the first half of 2017 — a number that’s expected to rise, as not all…

  • January 4, 2018 September 13, 2019
  • 16:18
Finance ministers to talk changes to value, calculation of CPP benefits

Finance ministers to talk changes to value, calculation of CPP benefits

Manitoba’s finance minister says he and his counterparts will take another look at changes to the Canada Pension Plan amid concerns that low-income workers and…

Ontario minimum wage hike blamed for benefit cuts at two Tim Hortons outlets

Ontario minimum wage hike blamed for benefit cuts at two Tim Hortons outlets

As the debate continues over the potential impact of new labour reforms in Ontario, a fast-food operator has come under the spotlight for some of…

Top 10 health and benefits stories of 2017

Top 10 health and benefits stories of 2017

One of the biggest topics in the health and benefits industry in 2017 was the federal government’s new 18-month parental leave option. Three stories on this…

  • By: Staff
  • December 28, 2017 September 13, 2019
  • 08:35
Quebec employers concerned about province’s plan to eliminate pension disparities

Quebec employers concerned about province’s plan to eliminate pension disparities

Quebec employers are expressing concern about the business impact of the province’s move to eliminate disparities in pension and supplementary group benefits plans. “It’s an…

Why group life insurance policies require wet signatures

Why group life insurance policies require wet signatures

Enrolling new employees in life insurance policies can involve a number of steps for employers. Not only do they have to ensure workers understand their coverage options…

What will the transition from private plans to OHIP+ look like?

What will the transition from private plans to OHIP+ look like?

As Ontario prepares to roll out its new pharmacare program for youth on Jan. 1, plan sponsors and members will be watching to see how the transition to…

  • By: Ryan Murphy
  • December 22, 2017 September 13, 2019
  • 08:45
The $25 deductible: A useful tool or no longer relevant?

The $25 deductible: A useful tool or no longer relevant?

The annual deductible in group benefits plans is a long-standing strategy for sharing costs with employees and encouraging more responsible consumption of benefits. But in…

  • By: Sonya Felix
  • December 19, 2017 September 13, 2019
  • 08:58
Deeper dive into cost projections nets big savings for benefits plan

Deeper dive into cost projections nets big savings for benefits plan

With many of its plan members based in Alberta, the manager of Mercon Benefits Services was hoping to stay ahead of longer-term issues resulting from a turbulent…

Global health-care plan costs to rise faster than inflation in 2018: report

Global health-care plan costs to rise faster than inflation in 2018: report

The average cost increases for employer-sponsored health-care plans are set to increase at a faster rate than inflation in 2018, according to a new report by Aon.…

  • By: Staff
  • December 15, 2017 September 13, 2019
  • 09:55
Green Shield Canada to offer more options for medical marijuana coverage

Green Shield Canada to offer more options for medical marijuana coverage

Green Shield Canada will offer plan sponsors more options for including medical marijuana in their group benefits plans in early 2018. The insurer said its new offering has a…

  • By: Staff
  • December 13, 2017 September 13, 2019
  • 08:30
Why leaping to save on benefits premiums may cost employers

Why leaping to save on benefits premiums may cost employers

It seems to happen a lot. Seemingly daily, someone will say they can save a plan sponsor money on its group benefits plan. My not-so-subtle reply is…

  • By: Joe Demelo
  • December 11, 2017 September 13, 2019
  • 08:45
Ontario auditor general report takes aim at generic drug prices

Ontario auditor general report takes aim at generic drug prices

The Ontario government may be spending more than it needs to on generic drugs, according to the auditor general’s latest annual report. Auditor general Bonnie…

  • By: Staff
  • December 6, 2017 September 13, 2019
  • 16:00
Conference coverage: Calgary Drug Trends Summit

Conference coverage: Calgary Drug Trends Summit

From migraines to metabolic syndrome, speakers at Benefits Canada’s Calgary Drug Trends Summit provided plan sponsors with solutions to the many challenges they face around…

  • By: Staff
  • December 6, 2017 September 13, 2019
  • 12:00
Metabolic syndrome targeted as part of efforts to reduce chronic disease drug spending

Metabolic syndrome targeted as part of efforts to reduce chronic disease drug spending

Despite rising health-care costs, there’s a gap when it comes to seeing the results of all of that spending, according to a speaker at the…

‘The sky is not falling’ on drug costs

‘The sky is not falling’ on drug costs

While Canadians hear about the high cost of drugs all of the time, “the sky is not falling,” said Jim Favaro, senior manager for private…

Solutions to ease employee backlash to plan design changes

Solutions to ease employee backlash to plan design changes

Keeping private drug plans sustainable is key for all Canadians. While measures such as mandatory generic substitution and prior authorization are standard solutions in many…

Green Shield Canada launches free mindfulness training program for plan members

Green Shield Canada launches free mindfulness training program for plan members

Green Shield Canada is launching a new mindfulness training program that will be available for free to all of its plan members. The program, which…

  • By: Staff
  • December 5, 2017 September 13, 2019
  • 10:18
Feds propose overhaul of drug pricing regulations

Feds propose overhaul of drug pricing regulations

The federal government has announced sweeping changes to drug price regulation in Canada that it estimates will deliver $12.6 billion in net benefits over 10…

  • By: Staff
  • December 4, 2017 September 13, 2019
  • 10:22
Whiskey company moving future hires to DC plan under new agreement

Whiskey company moving future hires to DC plan under new agreement

Hiram Walker & Sons Ltd. and Unifor Local 2027 have ratified a four-year collective agreement that includes moving to a defined contribution plan for future…

  • By: Staff
  • December 4, 2017 September 13, 2019
  • 08:45
Alberta plan sponsors, members continue to face pressures despite new dental fee guide

Alberta plan sponsors, members continue to face pressures despite new dental fee guide

With the new Alberta dental fee guide taking effect on Jan. 1, 2018, many plan sponsors will likely be taking a look at their benefits…

  • By: Ryan Murphy
  • December 1, 2017 September 13, 2019
  • 09:30
Accompass employees laugh all the way to the wellness account

Accompass employees laugh all the way to the wellness account

It’s said that laughter is the best medicine. At consultancy Accompass Inc., a good belly laugh, among other activities, is earning employees extra points they…

Manulife announces five pilot projects aimed at mental-health, musculoskeletal issues

Manulife announces five pilot projects aimed at mental-health, musculoskeletal issues

Manulife Financial Corp. is has announced a series of pilot projects aimed at improving health outcomes for group benefits plan members dealing with mental-health issues,…

  • By: Staff
  • November 30, 2017 September 13, 2019
  • 09:37