Latest news in Health benefits

Drug cost growth to be in low single digits: report

Drug cost growth to be in low single digits: report

The compounded annual growth rate of private market drug costs, at an overall market level, will be in the range of 1.6% to 2.8% between…

  • By: Staff
  • November 22, 2013 September 13, 2019
  • 10:56
Growth of health benefits costs slows

Growth of health benefits costs slows

Health benefit costs in the United States continued to slow in 2013 as employers took action in anticipation of new expenditures that will arise over…

  • By: Staff
  • November 21, 2013 September 13, 2019
  • 09:56
Bite-sized solutions to get drug plan costs under control

Bite-sized solutions to get drug plan costs under control

With ever-bloating drug plan costs, sponsors need bite-sized solutions to get costs under control

  • By: Alan Kyte
  • November 21, 2013 September 13, 2019
  • 07:00
The benefits of the future

The benefits of the future

I have been asked by several people for my views on the benefits of the future. In this article, I suggest that the benefits currently…

Workers still see value in benefits

Workers still see value in benefits

Most Americans see the benefits a company offers—especially health insurance—as an important consideration when they accept or reject a job, but not all employees are…

  • By: Staff
  • November 15, 2013 September 13, 2019
  • 15:25
New accounting disclosure requirements focus on risk assessment

New accounting disclosure requirements focus on risk assessment

Many Canadian companies will soon start preparing disclosures for their fiscal year-end corporate financial statements. For most organizations that account for their pension and other…

  • November 8, 2013 September 13, 2019
  • 10:08
Suspended senators keep benefits

Suspended senators keep benefits

Canadian senators Pamela Wallin, Mike Duffy and Patrick Brazeau have been suspended from the Senate without pay for the next two years, but they will…

  • By: Staff
  • November 6, 2013 September 13, 2019
  • 10:03
4 strategies to save on benefits plan costs

4 strategies to save on benefits plan costs

Four short-term strategies to save on benefits plan costs

Canadian contractor for Obamacare website blames glitches on Washington

Canadian contractor for Obamacare website blames glitches on Washington

CGI Federal—the Canadian company which is the main contractor for the new Obamacare website—says the U.S. government bears the ultimate responsibility for all the glitches…

  • By: Staff
  • October 25, 2013 September 13, 2019
  • 09:49
Workers believe their health insurance premiums will rise under Obamacare

Workers believe their health insurance premiums will rise under Obamacare

Despite general unfamiliarity with the Affordable Care Act, a majority of U.S. employees believe the new law will increase how much they pay for health…

  • By: Staff
  • October 24, 2013 September 13, 2019
  • 10:23
Central dispensing pharmacies: An indispensable tool?

Central dispensing pharmacies: An indispensable tool?

Encouraging employees to live a healthier lifestyle eventually gives way to the notion that for some, the need for prescription drugs may be largely unavoidable.…

  • October 24, 2013 September 13, 2019
  • 10:05
Communication: Impossible

Communication: Impossible

In his 2012 article, “Too complex to depict?”, Professor Henry Hu of the University of Texas Law School asks whether “too-big-to-fail” banks are too complex…

The rising power of the consumer in the benefits arena

The rising power of the consumer in the benefits arena

I recently presented at an employee benefits conference in the United States. As you would expect, much of the discussion was focused on Obamacare, however,…

Navigating new drug cost management options

Navigating new drug cost management options

Not long ago, drug cost management typically entailed reductions in coverage for plan members in the form of lower coinsurance, increased deductibles, dispensing fee caps,…

  • October 17, 2013 September 13, 2019
  • 10:47
Few small businesses offer health and retirement benefits

Few small businesses offer health and retirement benefits

Although many of Canada’s small businesses feel responsible for their employees, few of them provide health and retirement benefits, according to the 2013 Manulife Financial…

  • By: Staff
  • October 16, 2013 September 13, 2019
  • 11:49

2013 Vancouver Benefits & Pension Summit

The 2013 Vancouver Benefits & Pension Summit provided delegates with the information they need to reduce costs, create solutions, improve the workforce and manage risks.…

  • October 10, 2013 September 13, 2019
  • 09:23

Employee health and well-being: from myth to reality

A series of business divestments that resulted in staff reductions exceeding 75% of the upstream workforce created a challenging time at BP Canada Energy Group…

GSC limits initial prescriptions of high-cost drugs

GSC limits initial prescriptions of high-cost drugs

Starting next month, Green Shield Canada is limiting new prescriptions of high-cost drugs to 10 days under its initial days supply feature.

  • By: Staff
  • October 9, 2013 September 13, 2019
  • 09:00
Engagement: the lifeblood of communication

Engagement: the lifeblood of communication

In our fast-paced world where humans are bombarded every single day with thousands of messages, it’s no wonder that conventional communication strategies are quickly becoming…

Employees prefer not to buy life insurance at work

Employees prefer not to buy life insurance at work

A recent LIMRA study revealed that 76% of Canadians would prefer to buy life insurance face-to-face in the future as opposed to buying from work,…

  • By: Staff
  • October 3, 2013 September 13, 2019
  • 15:07
U.S. government shuts down as health insurance exchanges open

U.S. government shuts down as health insurance exchanges open

The United States government closed offices and shut down numerous services on Tuesday after Republicans tried to undermine the Affordable Care Act.

  • By: Staff
  • October 1, 2013 September 13, 2019
  • 10:44
Pharma logic

Pharma logic

Drug plan costs are an ongoing concern for Canadian employers. Benefits Canada’s Face to Face Drug Plan Management Forum in Vancouver shows how plan sponsors…

Most unaware when healthcare exchanges open

Most unaware when healthcare exchanges open

A poll finds a majority of Americans are unaware that new insurance marketplaces created by the Affordable Care Act are slated to open on Tuesday.

  • By: Staff
  • September 30, 2013 September 13, 2019
  • 16:25
Canada slow to access new drugs: Report

Canada slow to access new drugs: Report

Canadians access newly patented medicines later than other countries do—a situation that can be remedied if Canada accepts American and European Union drug approvals instead…

  • By: Staff
  • September 27, 2013 September 13, 2019
  • 10:36
The role of data integration in plan management

The role of data integration in plan management

Much has been written over the last 36 months with respect to programs that have been implemented to help contain and manage drug plan costs.…

  • September 26, 2013 September 13, 2019
  • 10:59