National drugstore chain Rexall Health is being sold to U.S. health-care giant McKesson Corp. as part of a $3-billion deal, the two companies announced Wednesday.…
Your employees know they need to exercise more, but there’s always next week, or the week after. To entice your staff to stop procrastinating, employers or insurers…
Employers that provide health and wellness benefits for retirees will want to make sure they keep an eye on a number of changes to the…
Generic drug price levels in Canada experienced significant declines in the period from 2010-14, according to research by the Patented Medicine Prices Review Board. Its…
Despite many employers offering employee benefits that range from dental plans to retirement savings, the biggest problem companies have is engaging employes “to give a hoot,”…
Up to 600 TTC employees are under investigation for their involvement in a benefits fraud scandal, according to an article in the Toronto Star. According to the…
Ontario Finance Minister Charles Sousa announced the province’s 2016 budget on Thursday, outlining a range of developments of interest to employers and benefit plan sponsors, including:…
During its 2016 budget, the Ontario government said it will introduce a redesigned public drug program by 2019. As part of Ontario’s Patients First: Action Plan…
During its 2016 budget announcement on Feb. 25, the Ontario government also clarified its plans for reducing future WSIB premiums, continuing its review of benefits…
New immuno-onocology treatments for cancer are showing a lot of promise, but many questions remain about their side-effects and how they can be applied in both…
While employees’ attachments to their smartphones can be disruptive at work, there are innovative ways to harness them to create healthier workplaces, a forum heard yesterday.…
Medavie has appointed Dr. Myrna Francis, president of Mfran Enterprises, to its board. Dr. Francis currently provides strategic advisory services regarding health and technology to…
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…
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…
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…
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…
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…
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…
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…
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…
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 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…
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 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…
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…