Latest news in Health benefits

The 3 must-have benefits for Gen Y

The 3 must-have benefits for Gen Y

Stress is a necessary and important part of life, but its impact on young adults is particularly strong. As generation Y employees move into the…

Specialty drugs poorly managed in U.S. plans

Specialty drugs poorly managed in U.S. plans

A new study by U.S.-based Pharmacy Benefit Management Institute’s (PDMI) has found that American employers offering drug coverage need to take a look at how…

  • By: Staff
  • February 19, 2013 September 13, 2019
  • 10:00
Drug plan substitutions: Handle with care

Drug plan substitutions: Handle with care

Drug plan cost increases have levelled in recent years due to a large number of high-volume medications becoming available in a generic form and provincial…

Quebec needs to reel in healthcare costs

Quebec needs to reel in healthcare costs

Quebec’s social programs are going to take a substantial hit in the near future and needs to prepare now for the coming “demographic squeeze,” says…

  • By: Staff
  • February 8, 2013 September 13, 2019
  • 10:06
Tackle the plan-spend challenge

Tackle the plan-spend challenge

Recently, a plan sponsor with approximately 2,000 lives asked its carrier for a potential program that centres on surveillance of narcotic drug claims. The sponsor…

  • February 8, 2013 September 13, 2019
  • 09:46
Solutions to rising drug costs

Solutions to rising drug costs

Sick? Take a pill...or several. Canadians rely on medication to make them well when they are ill—and, for some people, to stay healthy. The medical…

Moving toward a healthier drug plan

Moving toward a healthier drug plan

The effects of plan design are far-reaching. The following excerpt from the conference panel discussion, moderated by Suzanne Lepage, private health plan strategist, Suzanne Lepage…

Win-win plan design: a case study

Win-win plan design: a case study

When drug plans are designed and managed properly, there is an opportunity for a win-win scenario for all key stakeholders involved. Drug plan management does…

  • January 31, 2013 September 13, 2019
  • 09:47
Private drug plans offer better coverage

Private drug plans offer better coverage

Canadians insured under private drug plans have significantly better access to new medicines than those who are only covered under public plans, according to a…

  • By: Staff
  • January 30, 2013 September 13, 2019
  • 09:53
A higher standard

A higher standard

When choosing an employee and family assistance program (EFAP) provider, employers often start by considering several factors, including services offered, available resources, organizational fit and…

  • By: Tim Davison
  • January 29, 2013 September 13, 2019
  • 13:58
Employers struggle to battle mental illness

Employers struggle to battle mental illness

An estimated 12% of employees have diagnosed mental health issues, according to one speaker at Benefit Canada’s Mental Health Summit. Judging from other conference participants,…

Y worry

Y worry

Stress is a necessary and important part of life, but prolonged periods of high stress levels can lead to distress—a risk factor for all forms…

Drugs, risk and politics drive trends in 2013

Drugs, risk and politics drive trends in 2013

What political/legal developments will be most influential to Canada’s pension and benefits landscape in 2013? We asked three forward-thinking institutional investment experts. They pointed to…

  • By: Staff
  • January 28, 2013 September 13, 2019
  • 10:04
10 tips for managing your mobile workforce

10 tips for managing your mobile workforce

Hard to find qualified people for jobs overseas? According to a recent Mercer survey, many multinational companies indicated that finding qualified candidates for global assignments…

  • By: Staff
  • January 25, 2013 September 13, 2019
  • 10:11
Tools to better understand drug plan spend

Tools to better understand drug plan spend

Plan sponsors lack understanding of plan-spend issues, such as cost drivers, inefficiencies and forecasting. Thankfully, a number of tools are available to help plan sponsors…

  • January 22, 2013 September 13, 2019
  • 07:00
Why to consider therapeutic substitution

Why to consider therapeutic substitution

Using mandatory generic substitution when designing a benefits plan can help with control drug costs, but what measure of control can be offered when a…

  • January 21, 2013 September 13, 2019
  • 09:53
Asia to lead global life insurance growth

Asia to lead global life insurance growth

A study from Swiss Re suggests life insurance premiums in Asia will rebound in 2013, growing by about 10% in real terms.

  • By: Staff
  • January 16, 2013 September 13, 2019
  • 10:26
Providing benefits for an immortal workforce

Providing benefits for an immortal workforce

I recently read a fictional book in which the focus of the story was on genetic engineering and the race to discover the scientific equivalent…

Missed understanding

Missed understanding

Insurance carriers and pharmacy benefit managers (PBMs) have long observed that plan sponsors rarely request many of the products developed to help contain drug plan…

  • January 4, 2013 September 13, 2019
  • 15:19
Case study: Attracting the best and brightest

Case study: Attracting the best and brightest

How can employers attract the best and brightest people and then keep them? The challenge is bigger for some industries than others.

Best of benefits 2012

Best of benefits 2012

Cutbacks and cost-sharing have typically been the first response to increase healthcare costs. But in 2012, some plan sponsors started to think differently and put…

  • By: Staff
  • December 31, 2012 September 13, 2019
  • 09:10
Case study: World’s best benefits?

Case study: World’s best benefits?

Companies are constantly seeking ways to attract and retain the best employees. One innovative Chicago-based agency does it by being a dream employer.

Insurance industry drug pooling begins Jan. 1

Insurance industry drug pooling begins Jan. 1

In April, the Canadian Life and Health Insurance Association (CLHIA) announced the creation of an industry wide drug pooling agreement that will protect fully insured…

  • By: Staff
  • December 21, 2012 September 13, 2019
  • 10:57
Pot a non-issue for plan sponsors, for now

Pot a non-issue for plan sponsors, for now

The federal government is getting out of the medicinal marijuana business and is looking to move the prescribing responsibilities to doctors and the manufacturing to…

The case for promoting chronic wellness

The case for promoting chronic wellness

Chronic illnesses such as depression, cancer, heart disease, stroke and diabetes cost organizations big dollars in declining productivity, as well as soaring drug costs and…

  • By: Sonya Felix
  • December 19, 2012 September 13, 2019
  • 11:18