Latest news in Health benefits

Together We Stand: Part II

Part 2: Exploring the potential for collaboration to trigger new initiatives and value-for-money in Canada’s healthcare system. Part 2 of a two-part series on the…

Employers Struggle to Deliver Competitive Benefits Programs

As companies deal with managing benefits costs while attracting and retaining skilled talent, the link between employee benefits strategies and business and financial goals is…

ACE Life Introduces Redesigned Group Critical Illness Plan

ACE INA Life Insurance has launched the SPECTRUM Group Critical Illness Insurance Plan, which features unique benefits such as second event coverage and coverage for…

CDH Plans Grow in Popularity

Consumer-driven health(CDH)plans are growing in popularity in the United States, according to a survey. The study conducted by Aon and the International Society of Certified…

Getting the Biggest Bang for your Benefits Buck

Many organizations have information readily available to help them gauge the effectiveness of their employee benefit programs—data that’s accessible without having to go on a…

Older Employees Likely Working Because of Benefits

The increasing number of older Americans in the labour force is likely being driven by the need to obtain affordable employment-based health insurance and the…

Emergis Renews Great-West Life Relationship

Emergis has renewed its service agreement with The Great-West Life Assurance Company. Under this new five-year deal, Great-West Life will continue using Emergis’s Assure Claims…

Together We Stand

Part 1: Public-Private collaboration is overdue Part 1 of a two-part series on the benefits of public-private collaboration in sparking innovation and competitive advantage. Our…

Twenty-five Years of Hesitation

Reluctantly, I admit to being involved in and around health benefits for 25 years now. When I started underwriting, mainframe computers ruled. There were no…

New RAMQ Rules to Cause Problems

The latest rules imposed by the Regie de l’assurance maladie du Quebec(RAMQ)regarding Bill 130 will cause some difficulties for plan sponsors, according to a report…

Groupworks buying Gallivan & Associates

Groupworks Financial has agreed to acquire Gallivan & Associates Student Networks for $6.1 million. ”We are acquiring a strong and well-known national practice, which expands…

Retirees sue Labatt over health benefits

A group of non-unionized retirees—including some former executives—have filed a lawsuit against Labatt, claiming the company broke a promise to provide almost unlimited health benefits.…

Creating the “best” benefit plans

The June issue of Benefits Canada includes a list of 30 organizations cited as having Canada’s best pension and benefit plans, based on employee feedback.…

Sun Life completes acquisition of Genworth assets

Sun Life has completed the acquisition of Genworth Financial’s U.S. employee benefits group. That follows approval by all required regulatory authorities in the United States…

The People’s Choice

The only way to know something is to ask. And Canadian employees have spoken as to which employers rank among Canada’s 30 Best Pension and…

Dollars & Drugs

The introduction of new drugs and the increase of patient use will most certainly add to the health costs faced by plan sponsors. Canadians owe…

  • By: Cory Cowan
  • June 1, 2007 September 13, 2019
  • 00:00

The Side Effects

Drug legislation in the provinces will change the way plan sponsors and plan members think about cost controls. Recent drug legislation introduced in both Quebec…

A Matter of Time

Plan sponsors will have a break from high-cost trends within their drug plans. The key is to use the time wisely to keep costs down…

Benefits Trends: Boom, Bust or Benefits

Employers are looking to the future but still have to contend with an aging workforce and their benefits needs. Large-type fonts, special website sections and…

Here’s to Their Health

Today’s 30-year-olds value their health benefit plans now—and in the future. A majority of today’s 30-year-olds may live in the moment, but they’re looking to…

National strategy needed for catastrophic drugs

There’s a growing controversy over the coverage of very high cost drugs used to treat cancer and other catastrophic diseases in Canada. Most recently, Cancer…

Manulife launches group critical illness insurance

Manulife has unveiled new group insurance to offer lump-sum benefits to plan members and their families diagnosed with a critical illness. “For employers, offering critical…

Out of reach

With an ageing workforce and the rising costs of healthcare, is the possibility of a prefunded healthcare benefit a viable one? As of March, Bell…

Great-West buying stake in health plan administrator

Great-West Lifeco’s U.S. subsidiary plans to buy a stake in a Montana-based third-party administrator of employee health plans. It will acquire an 80% interest in…

It’s time. We need some muscle…

What has become transparent as a result of The Transparent Drug System for Patients Act (TDSPA)is employers’ immediate need for collective purchasing power in the…