benefits data – Benefits Canada.com https://www.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Fri, 26 Apr 2024 20:02:31 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 U.S. employer-sponsored health benefits costs expected to rise 7% in 2024: survey https://www.benefitscanada.com/benefits/health-benefits/u-s-employer-sponsored-health-benefits-costs-expected-to-rise-7-in-2024-survey/ Mon, 21 Aug 2023 19:00:21 +0000 https://www.benefitscanada.com/?p=142401 The costs of U.S. employer-sponsored medical benefits are expected to rise seven per cent in 2024, according to a new survey by the International Foundation of Employee Benefit Plans. The survey found 79 per cent of U.S. employers’ benefits plans are self-funded (with or without stop-loss coverage), while 21 per cent are fully insured. The […]

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]]> Editorial: Deciphering the data https://www.benefitscanada.com/archives_/benefits-canada-archive/editorial-deciphering-the-data/ Fri, 11 Aug 2023 13:00:21 +0000 https://www.benefitscanada.com/?p=141632 I’m sitting down to write this on the hottest day so far in 2023. Environment Canada has issued a multi-day heat warning in my region — today, it’s 31 degrees Celsius but feels closer to 40, the humidity is 70 per cent, pressure is 101.3 kilopascal and the UV index is seven. This is the […]

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]]> ChatGPT a game-changer for benefits communication, but risks remain with full automation: expert https://www.benefitscanada.com/benefits/benefits-communication/chatgpt-a-game-changer-for-benefits-communication-but-risks-remain-with-full-automation-expert/ Fri, 11 Aug 2023 13:00:07 +0000 https://www.benefitscanada.com/?p=141767 While ChatGPT is helping benefits communications become more efficient, detailed and reliable, the risks may outweigh the rewards when it comes to full automation, says Tom Milne, a principal at Normandin Beaudry. The possibilities for generative artificial intelligence in the benefits space are infinite, he says, noting the algorithms are helping expedite the research and […]

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]]> 2023 Consultants Report: How are consultants helping plan sponsors make the most of their benefits, retirement data? https://www.benefitscanada.com/archives_/benefits-canada-archive/2023-consultants-report-how-are-consultants-helping-plan-sponsors-make-the-most-of-their-benefits-retirement-data/ Fri, 11 Aug 2023 12:56:49 +0000 https://www.benefitscanada.com/?p=141793 In 2022, Xero sent out a global survey to all of its employees asking them to rank the most important components of its total rewards program, from time off to flexible working policies, salaries to employee benefits. The software company’s Canadian employees ranked health benefits as one of the most important aspects of total rewards. […]

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]]> Q&A with Nasdaq’s Bronwyn Ott https://www.benefitscanada.com/archives_/benefits-canada-archive/qa-with-nasdaqs-bronwyn-ott/ Fri, 17 Mar 2023 12:52:08 +0000 https://www.benefitscanada.com/?p=135056 The financial services company’s head of global well-being and benefits strategy talks hybrid working, diverse benefits and time outdoors with her dogs. Q: What top challenges do you face in your role? A: Being fairly new to Nasdaq, I’m learning something new every day about our organization, our people and what we do. Did you […]

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]]> CLHIA working with insurers on suspected benefits fraud investigations https://www.benefitscanada.com/benefits/health-benefits/clhia-working-with-insurers-on-suspected-benefits-fraud-investigations/ Mon, 06 Mar 2023 14:00:36 +0000 https://www.benefitscanada.com/?p=134877 The Canadian Life and Health Insurance Association will now be working with participating insurers to collaborate on joint investigations into suspected benefits fraud schemes. This initiative builds on last year’s launch of a CLHIA-supported program that uses advanced artificial intelligence to identify fraudulent activity across a vast industry pool of claims data. “We’ve been working […]

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]]> Supporting employees with chronic, complex conditions helps manage benefits costs https://www.benefitscanada.com/events/conference-coverage/supporting-employees-with-chronic-complex-conditions-helps-manage-benefits-costs/ Mon, 27 Feb 2023 12:53:19 +0000 https://www.benefitscanada.com/?p=133993 When it comes to chronic conditions, there’s a difference in understanding and appreciating — “and this difference goes a long way in helping employers navigate their disability claims and accommodations,” said Yvonne Murphy, director of disability claims and group benefits at Sun Life Financial Inc., during a session at Benefits Canada’s 2023 Chronic Disease at Work conference. […]

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