Plan design: a strategic consideration
Plan design as an important strategic plan management tool is back in business. The focus on plan design has been given a big boost by…
- January 10, 2011 September 13, 2019
- 14:37
Plan design as an important strategic plan management tool is back in business. The focus on plan design has been given a big boost by…
Judge Karen Weiler of the Court of Appeal of Ontario has denied a leave to appeal motion brought by the Dissenting Nortel Disabled Employees in…
Plans sponsors and members in British Columbia are reminded of the BC Medical Services Plan premium increases that will come into effect in a couple…
Last November, Hewitt surveyed 133 Canadian employers about their views on existing tools and techniques for controlling drug benefit plan costs, as well as on…
NAV Canada has had a pension plan communications strategy in place since 2000. But a growing realization from the pension team that members were not…
I don’t claim to be an actuary, but how can a simple formula provide an appropriate valuation of a company’s drug plan liability for dynamic…
Given the past 18 months, it’s no surprise healthcare budgets haven’t increased. Employers are struggling to figure out how to stretch their limited resources to…
Why is there a focus on generic drug reform? asked Barbara Martinez, a principal with Mercer, speaking on December 1 during a Mercer webinar entitled…
Employers must rethink their healthcare priorities for the 21st century, focusing on prevention programs that will reduce the cost associated with critical illnesses, according to…
More than six years ago, the HR team at Cogsdale Corp. noticed that its employees’ health and benefits claims were less than the premiums being…
Benefits consulting in Atlantic Canada is like standing on a rock-bound cliff in the face of a nor’easter: you know rough and risky times are…
In Newfoundland and Labrador, about 40% of the 280 municipalities offer healthcare benefits to their employees, and only 20% offer any type of retirement or…
Keeping group benefits costs to a minimum is a challenge for all employers. But according to a survey by the International Foundation of Employee Benefit…
As the Canadian economy sluggishly moves past the recent recession, employers will have to quickly pull their heads out of the sand when it comes…
Is flex for our company? Does it work better than the traditional one-size-fits-all approach? Many plan sponsors have mulled over these questions for the last…
Canada ranks among the top 10 of Organisation for Economic Co-operation and Development countries for money spent on health (measured by both GDP per capita…
Every day, according to Statistics Canada, 14.5 million people go to work at a small or medium-size place of employment. It is no wonder these…
Employees who have remained on the payroll after the most recent economic downturn may be feeling the stress of decreased resources and increased burdens. Some…
Aging demographics. The economic boom. The financial meltdown. The economic recovery. Spiralling healthcare costs. Government off-loading. All of the buzzwords of the last five years…
For business owners looking to attract and retain top talent, providing group insurance has become a critical business investment. A survey of Canadians, done by…
Legislative changes over the past year have affected the landscape in which Canadian benefits plan sponsors operate. A presentation to delegates at the CPBI Western…
How does a company judge its own success? If Razor Suleman had his way, the first question any employer would ask is, How happy are…
We all know the workforce is changing. Today it’s the most culturally and generationally diverse than any other time in history. It’s also the oldest,…
A benefits program is an investment and as with all investments there are inherent risks. Risk that the expected return will not materialize. Risk that what…
Adding these benefits won’t cost you anything, but will carry value with employees. Payroll budgets may be more robust than they were a year ago,…