Latest news in Health benefits

CVS Health touts restrained prescription spending growth

CVS Health touts restrained prescription spending growth

CVS Health is refining its prescription for controlling drug costs, and patients can expect more frequent coverage adjustments, as the pharmacy benefits manager pores over data and…

Understanding the costs of dental benefits

Understanding the costs of dental benefits

If employees don’t understand their dental benefits, they may pay unexpectedly out of pocket for their expenses. Worse, they could be vulnerable to fraudulent dental…

Voluntary benefits an emerging option for employers

Voluntary benefits an emerging option for employers

While employers strive to provide the right balance in their total rewards strategies, there’s sometimes a disconnect between what they offer their employees and what…

48% off work for disability are not financially prepared

48% off work for disability are not financially prepared

Nearly half (48%) of Canadian employees off work due to disability said they are not financially prepared, according to new research. The 2015 RBC Insurance…

  • By: Staff
  • February 18, 2016 September 13, 2019
  • 09:00
Employer-sponsored drug plans becoming risky business

Employer-sponsored drug plans becoming risky business

The financial risk to employers that provide prescription drug benefits for their employees has increased significantly over the past decade. Few employers have been lucky enough…

  • February 16, 2016 September 13, 2019
  • 09:30
Great-West Life earnings up in Q4

Great-West Life earnings up in Q4

Great-West Lifeco has reported net earnings attributable to common shareholders of $683 million for the three months ended December 31, 2015, compared to $657 million…

  • By: Staff
  • February 12, 2016 September 13, 2019
  • 09:10
Sun Life posts 4Q profit of $419.6 million, result tops expectations

Sun Life posts 4Q profit of $419.6 million, result tops expectations

Sun Life Financial reported a fourth-quarter profit of $419.6 million on Wednesday. On a per-share basis, the Toronto-based company said it had profit of 65…

Which broker provides health benefits for Etsy and Uber staff?

Which broker provides health benefits for Etsy and Uber staff?

Despite the continued debate around whether employees in the “gig economy” should be classified as independent contractors or staff with benefits, a startup insurance broker is catering…

  • By: Staff
  • February 11, 2016 September 13, 2019
  • 09:00
Employers tweaking corporate health plans to appeal to millennial workers

Employers tweaking corporate health plans to appeal to millennial workers

During his three-year tenure as a financial analyst at one of Canada’s biggest banks, Devon Wright never once used his company health plan. “There was…

Manulife partners with Vitality to reward healthy living

Manulife partners with Vitality to reward healthy living

Manulife Financial Corporation has reached an agreement in Canada with The Vitality Group (Vitality) to introduce life insurance that rewards people for healthy living. The partnership will be first…

What are the top 5 employee benefits?

What are the top 5 employee benefits?

The five most common employee benefits offered by Canadian employers are health and dental insurance, group life insurance, training expenses, vehicle allowances, and gifts and awards,…

Payworks to launch group benefits

Payworks to launch group benefits

Payworks has launched a group benefits product that builds on its suite of payroll, HR and time management platforms. The group benefits plan, which is being…

  • By: Staff
  • February 5, 2016 September 13, 2019
  • 09:11
How to support staff with cancer on World Cancer Day

How to support staff with cancer on World Cancer Day

Events taking place around the world today will unite cancer patients, survivors, caregivers, advocates, clinicians and others to celebrate World Cancer Day. Globally, more than eight million…

League launches health and wellness benefits platform

League launches health and wellness benefits platform

Digital health platform League has launched a full benefits platform called League Benefits. The platform has been designed to help organizations deliver personal spending accounts,…

55% concerned about financial impact of critical illness

55% concerned about financial impact of critical illness

More than half (55%) of Canadians are concerned about their inability to meet living expenses should they become impacted by a serious illness, according to…

Ontario to introduce employer resources to prevent PTSD among first responders

Ontario to introduce employer resources to prevent PTSD among first responders

Ontario is putting in place a number of new initiatives to help prevent or mitigate the risk of post-traumatic stress disorder (PTSD) among first responders, such as…

Financial Horizons Group acquires Quebec-based benefits firm

Financial Horizons Group acquires Quebec-based benefits firm

Financial Horizons Group has acquired Odyssey Insurance, a group benefits company headquartered in Quebec. The transaction, which closed on January 1, 2016, involved the purchase of…

  • By: Staff
  • February 2, 2016 September 13, 2019
  • 08:42
Legislative round-up: key dates for group benefits plans

Legislative round-up: key dates for group benefits plans

Stay up to date on legislative changes that impact group benefits plans across the country with some key dates in 2016. January 3, 2016: Leave of absence…

  • By: Staff
  • February 1, 2016 September 13, 2019
  • 09:24
No end in sight for ‘spike unit’ helping social security tribunal

No end in sight for ‘spike unit’ helping social security tribunal

A special group assigned to help deal with a massive backlog of appeals around employment insurance and other social security benefits isn’t winding down anytime…

Team approach emphasized for chronic disease management

Team approach emphasized for chronic disease management

KINGSTON, Ont. — Plan members with diabetes who work in Kingston may become part of a unique pilot project in the near future following a gathering…

  • By: Karen Welds
  • January 29, 2016 September 13, 2019
  • 09:00
GroupHEALTH partners with GMS Insurance

GroupHEALTH partners with GMS Insurance

GroupHEALTH Benefit Solutions has partnered with GMS Insurance to grow its advisor partner network. The partnership allows GMS Insurance to expand its portfolio by offering…

Sounding Board: National drug bulk-buying agreement should represent all Canadians

Sounding Board: National drug bulk-buying agreement should represent all Canadians

This past week, Canada joined with the provinces to look at bulk-purchasing prescription drugs.  That prompted the Canadian Life and Health Insurance Association (CLHIA) to…

Working group formed to tackle national pharmaceutical strategy

Working group formed to tackle national pharmaceutical strategy

A meeting of health ministers has wrapped up in Vancouver, with what the federal government calls a “first step” toward improving Canada’s healthcare system. Federal…

Employers want to be heard on national healthcare: report

Employers want to be heard on national healthcare: report

While Canadian employers agree that coverage of prescription drugs is an important part of the national healthcare system, they have strong viewpoints and concerns about…

Xerox partners Evive Health for personalized healthcare

Xerox has partnered Evive Health to add more predictive analytics to its interactive suite of healthcare solutions, RightOpt, enabling employers to strengthen their well-being programs…