Benefits – Benefits Canada.com https://www.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Mon, 14 Jun 2021 20:51:40 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 GroupHEALTH acquiring B.C.-based benefits provider https://www.benefitscanada.com/benefits/health-benefits/grouphealth-acquiring-b-c-based-benefits-provider/ Mon, 14 Jun 2021 13:00:00 +0000 https://www.benefitscanada.com/?p=102071 Group Health Group Holdings Inc. is acquiring a 75 per cent stake in Canadian Benefits Investment & Insurance Group Inc., a British Columbia-based provider of group benefits and wealth management services. The transaction will see GroupHEALTH expand its sales and service presence in Western Canada, according to a press release, which noted the acquisition includes […]

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Pride Month: How employers can create a more inclusive work culture https://www.benefitscanada.com/news/bencan/pride-month-how-employers-can-create-a-more-inclusive-work-culture/ Fri, 11 Jun 2021 13:30:23 +0000 https://www.benefitscanada.com/?p=101992 When Mercer Canada recently partnered with a vendor on an employee well-being initiative, the human resources team noticed the images included in the materials reflected a stereotypical idea of the traditional family — a heterosexual couple with two children, all Caucasian. “It wasn’t reflective of our population,” says Julie Duchesne, Mercer’s health business leader in […]

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Workplace Benefits Awards offers opportunity to learn from other employers, says 2020 winner https://www.benefitscanada.com/news/bencan/workplace-benefits-awards-offers-opportunity-to-learn-from-other-employers-says-2020-winner/ Fri, 11 Jun 2021 13:00:18 +0000 https://www.benefitscanada.com/?p=101954 Recognition in not one, but two categories at Benefits Canada‘s 2020 Workplace Benefits Awards is helping get the word out to Scotiabank employees that the bank is a leading employer when it comes to benefits offerings, says Ayman Alvi, director of global benefits. Read: Who are the winners of the 2020 Workplace Benefits Awards? “We participated in the Workplace […]

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Mental-health, specialty medications driving drug costs in 2020: report https://www.benefitscanada.com/news/bencan/mental-health-specialty-medications-driving-drug-costs-in-2020-report/ Thu, 10 Jun 2021 13:00:39 +0000 https://www.benefitscanada.com/?p=101893 Canadians’ health priorities are shifting as the coronavirus pandemic drags on, as claims for medications to treat mental-health conditions continued to rise in 2020, along with claims for specialty drugs designed to treat rarer, yet increasingly chronic diseases, according to Telus Health’s annual drug trends report. There were noticeable shifts in the utilization of mental-health […]

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Aon selling U.S. retirement assets on road to Willis Towers Watson merger https://www.benefitscanada.com/news/bencan/aon-selling-u-s-retirement-assets-on-road-to-willis-towers-watson-merger/ Tue, 08 Jun 2021 13:00:33 +0000 https://www.benefitscanada.com/?p=101748 Aon is selling its U.S. retirement business to Aquiline Capital Partners and its retiree health exchange business to Alight Solutions for a total of US$1.4 billion. The sales are intended to address questions raised by the U.S. Department of Justice ahead of the pending merger of Aon and Willis Towers Watson, according to a press […]

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Coverage of the 2021 Benefits & Pension Summit https://www.benefitscanada.com/news/bencan/coverage-of-the-2021-benefits-pension-summit/ Fri, 04 Jun 2021 13:15:46 +0000 https://www.benefitscanada.com/?p=101098 On May 18 and 19, Benefits Canada hosted the 2021 Benefits & Pension Summit, a virtual event bringing together both group benefits plans and defined contribution pension plans under one roof. View the conference highlights below: New disruptors awaiting employers in the post-pandemic workplace Drug, disability claims stabilizing but pandemic’s impact lingers Plan member use of specialty […]

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2021 BPS coverage: How PCL is balancing benefits, pension decisions during coronavirus https://www.benefitscanada.com/news/bencan/2021-bps-coverage-how-pcl-is-balancing-benefits-pension-decisions-during-coronavirus/ Fri, 04 Jun 2021 13:00:44 +0000 https://www.benefitscanada.com/?p=100846 With the majority of PCL Construction Ltd.’s workforce continuing to work at its Canada-wide job sites and offices throughout the coronavirus pandemic, the organization’s decisions around its health benefits and pension plan have been to keep rolling. Speaking during a Q&A session to close out Benefits Canada‘s 2021 Benefits & Pension Summit on May 19, […]

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Employees with chronic health conditions facing challenges during pandemic: survey https://www.benefitscanada.com/benefits/health-benefits/employees-with-chronic-health-conditions-facing-challenges-during-pandemic-survey/ Thu, 03 Jun 2021 19:00:29 +0000 https://www.benefitscanada.com/?p=101596 Canadian employees with ongoing health challenges have faced unique challenges during the coronavirus pandemic, according to a new survey by RBC Insurance. Among employees with a chronic health condition, 63 per cent said the inability to visit a doctor or clinic during the pandemic negatively impacted their health, compared to 47 per cent of those without […]

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2021 BPS coverage: Integrating benefits and pension plans a win-win for employers, employees https://www.benefitscanada.com/news/bencan/2021-bps-coverage-integrating-benefits-and-pension-plans-a-win-win-for-employers-employees/ Thu, 03 Jun 2021 13:00:46 +0000 https://www.benefitscanada.com/?p=101517 By integrating their benefits and pension plans, employers can fulfill their plan objectives while creating a better experience for plan members, said Christine van Staden, regional vice-president of group customer and national accounts at Canada Life Assurance Co., during Benefits Canada’s 2021 Benefits & Pension Summit. “This is a trend we’re seeing more of in […]

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Pride Month: TD taking intersectional approach to supporting LGBTQ2S+ employees https://www.benefitscanada.com/news/bencan/pride-month-td-taking-intersectional-approach-to-supporting-lgbtq2s-employees/ Thu, 03 Jun 2021 13:00:39 +0000 https://www.benefitscanada.com/?p=101522 To build on its efforts in support of the LGBTQ2S+ community, TD Bank is embedding diversity, equity and inclusion into the framework of the organization at every level. In 2020, the bank launched a gender identity and expression initiative for its 90,000 employees in Canada and the U.S., says Girish Ganesan, global head of diversity […]

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