Third-party administrators are key health benefits industry players that have grown in size and influence but are relatively unknown and sometimes misunderstood. The Third-Party Administrators’ Association of Canada represents the majority of TPAs in Canada, which together manage benefits plans for more than 5.3 million Canadians through 70,000 employers, says Mike McClenahan, the TPAAC’s president […]
While more than a third of disability claims under Canadian employer-sponsored benefits plans in 2022 were due to mental-health reasons, just two-thirds (63 per cent) of organizations are addressing this risk effectively, according to a new survey by Mercer. The survey, which polled more than 100 organizations globally, found more than half (55 per cent) […]
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 in group retirement plans. J&D Benefits offers customized benefits administration services, specializing in multi-provider, flexible benefits and multi-employer platforms. Read: Maple acquiring Wello, CloudMD finalizes MindBeacon deal Todd Rappitt, president of […]
Group Health Group Holdings Inc. is acquiring a minority interest in CDAT Software Inc., the British Columbia-based maker of Oliver benefits administration software. In June, GroupHEALTH acquired a 75 per cent stake in Canadian Benefits Investment & Insurance Group Inc., a B.C.-based provider of group benefits and wealth management services. And in March, Germany-based Munich Re announced […]