More than half (52 per cent) of U.S. full-time employees said the health benefits offered by their employer are unaffordable and 47 per cent said the same benefits aren’t worth the cost, according to a new survey by Alight Solutions. The survey, which polled more than 2,000 employees, also found time constraints (40 per cent), […]
Amid plans by the federal government to introduce national dental and pharmacare programs, key stakeholders in the private payer health-care sector should highlight the value of private health plans in Canada, according to a panel during a webinar by the Group Insurance Pharmaceutical Committee last week. In March, the Liberal Party and the New Democratic […]
The Ontario Liberals’ election promise of portable drug, dental and mental-health services was the most read article over the past week on BenefitsCanada.com. Here are the five most popular news stories of the week: 1. Ontario Liberals promising portable drug, dental and mental-health services 2. Employees rank remote work, salary as top elements of benefits packages: survey 3. Employers pausing […]
Canadian employers looking to redesign their benefits plans are in a holding pattern until they hear more details on the Liberal Party of Canada and the New Democratic Party’s joint proposed national dental-care and pharmacare programs. Last week, the two parties announced plans to form an alliance until 2025 in order to deliver these programs […]
A Vancouver-based software company is using education benefits and a flexible work schedule to attract and retain talent in an increasingly competitive labour market. Kathy Enros, vice-president of people for Klue, says the company is enhancing the education component of its benefits program, which is currently the most-requested benefit among employees. While the education programs […]
As inflation hits a record high in Canada, employers are helping workers weather the storm through various benefits and compensation offerings, according to several experts. In October, the Canadian inflation rate increased year over year by a record 4.7 per cent, the largest increase since February 2003, according to Statistics Canada. The Bank of Canada […]
The cost of employer-provided health benefits in the U.S. is expected to increase by an average of five per cent in 2022 to more than US$13,000 per employee, according to a new survey by Aon. The survey, based on information from a database of more than 700 U.S. employers, found that, in 2021, budgeted health-care […]
Employers in the U.S. expect health benefits costs to rise 4.7 per cent on average in 2022 compared to 2021, according to a new survey from Mercer. The survey, based on more than 1,500 employer responses, found fewer employers than usual (38 per cent) are using cost-savings measures — such as raising deductibles or co-pays […]
A look at a survey finding employees are prioritizing workplace benefits plans amid an increasingly competitive job market took the top spot as the most-read story over the past week on BenefitsCanada.com. Here are the five most popular news stories of the week: 1. Canadian employees prioritizing benefits programs over pay: survey 2. Survey finds cost of […]
Discussion around implementing a national universal pharmacare strategy is growing louder ahead of next month’s federal election. In its 2019 budget, the federal government said it would work with partners to move forward on a national pharmacare program, including the creation of a new national drug agency and formulary, as well as a national strategy for […]