Latest news in Health benefits

Latest GM Canada, Unifor deal includes DB pension changes, benefits enhancements

Canadian auto workers, GM reach tentative contract agreement, mirroring Ford deal

General Motors and the union representing Canadian auto workers reached a tentative contract agreement Tuesday, ending a strike that began just after midnight. About 4,300…

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74% of U.S. employers increasing benefits, compensation communications: survey

Three-quarters (74 per cent) of U.S. employers say they increased their communications about compensation and benefits in 2023, according to a new survey by Arthur J.…

  • By: Staff
  • October 11, 2023 October 10, 2023
  • 09:00
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Top 5 HR, benefits, pension and investment stories of the week

An article on how employers can support workers’ savings amid the rising cost of living was the most-read story on BenefitsCanada.com over the last week. Here…

  • October 6, 2023 October 5, 2023
  • 09:00

Survey finds majority of employers say attraction, retention increasingly impacting total rewards decisions

Amid a challenging labour market, Canadian employers say attraction (64 per cent) and retention (57 per cent) are the top challenges impacting total rewards decisions,…

80% of SME workers consider benefits before accepting new role: survey

The majority (80 per cent) of Canadian employees say they consider a small- and medium-sized employer’s health benefits before accepting a new role and 73 per cent…

  • By: Staff
  • October 5, 2023 October 6, 2023
  • 09:00

Average cost of employer-sponsored health benefits expected to decline to 5% in 2024: report

The average cost of employer-sponsored health benefits in Canada is expected to decline to five per cent in 2024, down from 7.5 per cent in 2023,…

  • By: Staff
  • October 2, 2023 October 4, 2023
  • 15:00

Survey finds a third of Canadian workers finding cost a barrier to accessing mental-health support

A third (32 per cent) of Canadian employees say cost/affordability is the top barrier to getting mental-health support, according to the latest mental-health index by…

  • By: Staff
  • October 2, 2023 October 1, 2023
  • 09:00

Report finds employees less likely to say employer making positive changes to support mental health in 2023

While employees’ overall view of their employer’s workplace mental-health efforts are on the rise, workers were 49 per cent less likely to say their employer…

  • By: Staff
  • September 29, 2023 September 27, 2023
  • 15:00

Top 5 HR, benefits, pension and investment stories of the week

An article on the new agreement between Ford of Canada and Unifor was the most-read story on BenefitsCanada.com over the last week. Here are the five most…

  • By: Staff
  • September 29, 2023 September 28, 2023
  • 09:00
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Canadian insurers paid out record $114BN in health, retirement benefits in 2022: CLHIA

Canada’s life and health insurers paid out a record $114 billion in health and retirement benefits last year, up $11 billion since before the coronavirus…

  • By: Staff
  • September 29, 2023 September 28, 2023
  • 09:00
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Expert panel: How employers can support transgender, gender non-conforming employees

Canada’s most recent census found there are 59,460 Canadians aged 15 or older who identify as transgender and 41,355 who identified as non-binary. However, these individuals…

Survey finds majority of plan members with a workplace wellness culture satisfied with their jobs

Plan members with a workplace wellness culture are much more likely (89 per cent) to be satisfied with their jobs compared to those without one…

  • By: Staff
  • September 28, 2023 September 28, 2023
  • 09:00
How CAA’s wellness app is evolving during the pandemic

73% of plan members agree their work environment supports mental wellness: survey

Three-quarters (73 per cent) of benefits plan members agree — 22 per cent strongly — their workplace environment supports mental wellness, according to the 2023 Benefits Canada…

  • By: Staff
  • September 27, 2023 September 26, 2023
  • 09:00

Survey finds plan sponsors, members divided over whether workplace supports musculoskeletal health

While nearly three-quarters (72 per cent) of health benefits plan sponsors agree their work environment supports musculoskeletal health, two-thirds (65 per cent) of plan members…

  • By: Staff
  • September 26, 2023 September 26, 2023
  • 09:00
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Fewer U.S. employees say employer provides well-being resources: survey

Just four in 10 (43 per cent) U.S. employees say their company supports them with resources to better manage and improve their well-being, down from…

  • By: Staff
  • September 26, 2023 September 25, 2023
  • 09:00

Ford, Unifor agreement includes significant DC pension improvements, transition to DB plan

More than 5,600 Ford of Canada workers have voted in favour of ratifying a three-year collective agreement that includes improvements to the defined contribution and…

  • By: Staff
  • September 25, 2023 September 25, 2023
  • 09:00
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Survey finds 60% of plan sponsors reporting increased health benefits costs

Three-fifths (60 per cent) of benefits plan sponsors say the costs of their health benefits plan increased in the past three years, according to the…

  • By: Staff
  • September 25, 2023 September 22, 2023
  • 09:00
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Top 5 HR, benefits, pension and investment stories of the week

An article on the 2023 Benefits Canada Healthcare Survey’s findings on plan members’ appreciation of health benefits was the most-read story on BenefitsCanada.com over the last week.…

  • By: Staff
  • September 22, 2023 September 21, 2023
  • 09:00

Half of plan members say coverage of certain benefits limits their ability to seek treatment: survey

Half (51 per cent) of plan members say the coverage levels of at least one of their health benefits limit their ability to seek necessary…

  • By: Staff
  • September 22, 2023 September 21, 2023
  • 09:00

34% of plan members used virtual health-care services in the last year: survey

A third (34 per cent) of benefits plan members say they’ve received health-care services virtually by phone or computer over the past year, down from…

  • By: Staff
  • September 21, 2023 September 20, 2023
  • 09:00

PMPRB report shows increased plan costs, promising pharmaceutical innovation: expert

A recent report by the Patented Medicine Prices Review Board shows increased growth for private drug plan costs but promising pharmaceutical innovation, says Joe Farago, executive…

  • By: Sadie Janes
  • September 20, 2023 September 20, 2023
  • 09:00
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Half of benefits plan members understand their plan extremely or very well: survey

Half (51 per cent) of Canadian benefits plan members say they understand their plan extremely or very well, down from 65 per cent in 2018,…

  • By: Staff
  • September 20, 2023 September 19, 2023
  • 09:00

54% of benefits plan members currently live with at least one chronic condition: survey

More than half (54 per cent) of Canadian benefits plan members currently live with at least one diagnosed chronic health condition, according to the 2023…

  • By: Staff
  • September 19, 2023 September 18, 2023
  • 09:00

38% of plan members experienced a high level of stress over past 3 months: survey

More than a quarter (38 per cent) of plan members say they’ve experienced a high level of stress on a typical day over the past…

  • By: Staff
  • September 18, 2023 September 15, 2023
  • 09:00

72% of plan members appreciate health benefits more today than before pandemic: survey

Nearly three-quarters (72 per cent) of Canadian benefits plan members say they appreciate their health benefits more today than they did before the coronavirus pandemic,…

  • By: Staff
  • September 15, 2023 September 14, 2023
  • 09:00