Latest news in Health benefits

Survey finds majority of Gen Z, millennials dealing with anxiety, depression

The majority (69 per cent) of employed generation Z and millennial Canadians are struggling with anxiety, while 59 per cent are dealing with depression, according…

  • By: Staff
  • February 2, 2022 February 10, 2022
  • 09:00

Benefits tops list of retention tools for employers: survey

The top three factors driving employee retention are benefits (34 per cent), a strong sense of culture (31 per cent) and belief in the senior…

  • By: Staff
  • February 2, 2022 February 2, 2022
  • 09:00

Webinar coverage: How can alopecia areata affect benefits plan members?

While there’s a 2.5 per cent lifetime chance of having alopecia areata, the progression can be unpredictable and cause a lot of stress for patients,…

How AstraZeneca is boosting employee connection, engagement amid pandemic

AstraZeneca is embracing belonging, inclusion and volunteering to keep its employees socially connected and engaged as the coronavirus pandemic rages on. The isolation that accompanies…

Alberta nurses’ union deal boosts mental-health support, Sobeys’ union deal increases RRSP contribution match

Alberta’s nurses have a new collective bargaining agreement, which includes more mental-health support as the coronavirus pandemic drags on. In addition to more psychological and…

Sterling Capital Brokers acquires Barclay Insurance Services

Toronto’s Sterling Capital Brokers Ltd. is acquiring Vancouver’s Barclay Insurance Services Inc. Founded in 1990 by Eric Barclay, Barclay Insurance Services focuses on small- to medium-size businesses, developing…

  • By: Staff
  • January 28, 2022 January 28, 2022
  • 15:00

Survey finds only 25% of U.S. employers have adopted a well-being strategy

While 86 per cent of U.S. employers said mental health, stress and burnout are top priorities, only 25 per cent have already articulated and adopted…

  • By: Staff
  • January 28, 2022 January 27, 2022
  • 09:00

Uber Canada to prioritize benefits, protections under new union agreement

Uber Technologies Inc. has signed an agreement with a private sector union that will provide representation to Canadian drivers and couriers, but doesn’t unionize workers.…

Scotiabank enhancing parental leave benefits globally by 2025

Scotiabank is implementing a new global standard for parental leave across its global footprint by 2025. The enhanced offering will include eight fully paid weeks…

  • By: Staff
  • January 26, 2022 January 26, 2022
  • 15:00

Survey finds Canadians’ financial well-being declines as pandemic drags on

Canadian workers’ financial well-being score is declining amid the ongoing coronavirus pandemic, according to LifeWorks Inc.’s latest financial well-being index. The survey, which polled 3,000…

  • By: Staff
  • January 26, 2022 January 26, 2022
  • 09:00

Bell Let’s Talk Day: Employers supporting staff amid pandemic stresses

This year, Canadian employers are marking Bell Canada’s Let’s Talk Day by addressing the ongoing coronavirus pandemic’s impact on the mental health of employees. The…

  • By: Blake Wolfe
  • January 26, 2022 January 26, 2022
  • 09:00

AGA Benefit Solutions acquiring J&D Benefits

Montreal’s AGA Benefit Solutions is acquiring Markham, Ont.’s J&D Benefits. AGA Benefit Solutions provides the development and administration of customized group insurance plans and specializes…

  • By: Staff
  • January 24, 2022 January 25, 2022
  • 15:00

Employers should back up mental-health talk with benefits, HR policies: experts

Bhagyashri Pawar was surprised to see a previous employer make headlines last year for its investments in mental-health programs for its staff. “Having worked there, I never…

Coverage of the 2021 Face to Face in Drug Plan Management Forum

On Dec. 15, the industry’s most popular drug benefits conference returned in a virtual format, highlighting the trends and opportunities for Canadian benefits plan sponsors…

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Using proactive drug plan design to ensure future sustainability

In 2020, Canada Life Assurance Co. saw a decrease in the number of benefits plan members making a drug claim, though the costs of those…

Ensuring plan sponsors get value for money from their drug plans

The drug pipeline is full of new medications that may be more effective but may also be more expensive than existing treatments. Although they could…

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Patient support program insights can inform payer programs

The coronavirus pandemic and the changing environment have impacted pharmaceutical manufacturer-sponsored patient support programs. Manufacturers offer patient support programs to help individuals access their medication…

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Incorporating diversity, equity and inclusion in drug plan design

A growing number of organizations are moving beyond compliance to foster diversity, equity and inclusion in their workplaces. According to research, companies that have embraced…

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How the evolution of pharmacy can impact benefits plan costs

The coronavirus pandemic is demonstrating that pharmacists are a key health-care provider, with one study finding nearly 75 per cent of pharmacists have had patients who…

The impact of mental health on drug plan sustainability

One in five Canadians will experience a mental illness in their lifetime and by age 40 about 50 per cent of the population will have…

An update on Canada’s national strategy for drugs for rare diseases

In 2020, members of the Canadian Life and Health Insurance Association spent $650 million on drugs for rare diseases for more than 13,000 patients. Rare…

90% of U.S. employers planning to invest more in mental-health benefits in 2022: survey

As competition to attract talent continues to heat up amid a tight labour market, the vast majority (90 per cent) of U.S. employers are planning…

  • By: Staff
  • January 21, 2022 January 20, 2022
  • 09:00

Top 5 HR, pension and benefits stories of the week

A story on the Toronto-Dominion Bank’s enhancement to its benefits offerings in 2022 with expanded family planning coverage took the top spot over the past week…

  • By: Staff
  • January 21, 2022 January 21, 2022
  • 09:00

78% of U.S. employers focusing on quality of health benefits over cost: survey

About three-quarters (78 per cent) of U.S. employers said they’re more focused on the quality of health care over cost management when making decisions about…

  • By: Staff
  • January 20, 2022 January 19, 2022
  • 09:00
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TD expanding fertility treatment coverage, bereavement policy

The Toronto-Dominion Bank is enhancing its benefits offerings in 2022 with expanded family planning coverage. The bank’s benefits program is now covering fertility and reproductive…

  • By: Blake Wolfe
  • January 19, 2022 January 21, 2026
  • 09:00