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High-cost drug claims lead to 20-times greater cost per claim for small plan sponsors

A recent survey by Innovative Medicines Canada found there are growing listing delays among Canada’s private drug plans, said Joe Farago, the organization’s executive director…

Innovative drugs helping plan members manage chronic conditions

Many plan members with diabetes struggle with adherence to daily insulin injections and research has found the majority of patients wish they could achieve the…

How preferred pharmacy networks can lower drug plan costs, boost access to care

Pharmacists are now uniquely positioned to support Canadians at a time when the public health-care system is stretched thin, creating significant barriers for people looking…

A closer look at growing asthma drug spend

Many Canadians living with asthma are experiencing poor control over their symptoms, impacting the workplace, said Anjila Arora, director of pharmaceutical benefits at Sun Life…

How plan sponsors can improve employee health outcomes while optimizing drug plan spend

With chronic conditions growing in prevalence among plan members, plan sponsors have their work cut out for them in designing benefits plans that provide adequate…

Examining the link between cardiovascular disease, diabetes and obesity

While medications for three interconnected chronic conditions — cardiovascular disease, diabetes and obesity — represent a growing proportion of employers’ drug spend, there’s plenty that…

How plan sponsors can use biosimilars to support employee health, reduce drug costs

Despite the safety and efficacy of biosimilars — and the potential cost savings they offer — uptake among private payers has been low historically and is only starting to…

Plan sponsors, private payers can work together to help employees with rare diseases access novel treatments

It’s important for private payers and employers to be nimble and innovative to support plan members seeking access to novel drugs and treatments by addressing…

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

An article on how the federal government should ensure its new Canadian Dental Care Plan doesn’t displace existing employer-sponsored dental coverage was the most-read story…

  • By: Staff
  • January 19, 2024 January 18, 2024
  • 09:00

Majority of Canadian employees satisfied with their job: Stats Can

On a scale of one to 10, the majority (80 per cent) of Canadian employees rate their level of job satisfaction between seven and 10,…

  • By: Staff
  • January 17, 2024 January 17, 2024
  • 15:00

Tax credit could ensure national dental-care plan doesn’t displace employer-sponsored coverage: expert

With the new Canadian Dental Care Plan rolling out, it’s critical that it doesn’t displace existing employer-sponsored dental coverage, says Stephen Frank, president and chief…

My Take: More financial literacy needed to help employees achieve retirement goals

The skyrocketing cost of living has created increased need for employees to receive additional financial well-being information to meet their retirement savings goals. It’s increasingly…

51% of U.S. workers want employers to cover health-care premiums as financial benefit: survey

More than half (51 per cent) of U.S. workers say they’d like to see fully paid health-care premiums as a financial benefit from their company,…

  • By: Staff
  • January 15, 2024 January 12, 2024
  • 09:00

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

An article on the Ontario Court of Appeal’s affirmation of a $1.5 million punitive damages award was the most-read article on BenefitsCanada.com this week. Here are the…

  • By: Staff
  • February 9, 2024 February 8, 2024
  • 09:00

Court of Appeal upholds $1.5 million punitive damages award in LTD claims case

The Ontario Court of Appeal’s affirmation of a $1.5 million punitive damages award — reportedly the largest award of its kind in a Canadian long-term…

Manulife, Loblaw deal to deliver specialty drugs sparks access, competition concerns

Some pharmacare policy experts are raising concerns about competition and patient access to much-needed medication after Manulife Financial Corp. announced its coverage of certain prescription…

Expert panel: How employers can support neurodiverse workers through benefits, workplace policies

Canadian employers have taken important steps forward on a range of diversity, equity and inclusion matters. That work continues, particularly in the context of neurodiversity,…

Editorial: Turning challenge into opportunity

As I write this column, I’m reflecting on the spectrum of weather I’ve witnessed this past winter. From my office window in southwestern Ontario, I…

Q&A with BMO Financial Group’s Vanessa Lewerentz

The organization’s chief inclusion officer discusses building an inclusive learning roadmap, the adoption of AI in the HR space and finding ways to nourish her…

New incentives could boost satisfaction with in-person work, but few employers are making changes

Justin Ryan Horton has two jobs. When he’s not working 24-hour shifts as a firefighter, he’s working as an administrative assistant for a local community…

U.S. government launching initiative to encourage more employee ownership

The U.S. Department of Labor is launching an employee ownership initiative to encourage more employers and employees to take advantage of these opportunities. The new…

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

Report finds DEI increasingly important in talent attraction, retention efforts

While more than two-thirds (69 per cent) of employers say the macroeconomic environment is negatively impacting recruitment, three-quarters (74 per cent) say it hasn’t reduced…

  • By: Staff
  • April 11, 2023 April 10, 2023
  • 09:00