CLHIA – Benefits Canada.com https://www.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Mon, 29 Apr 2024 21:34:34 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 CLHIA releases critical illness insurance guide to provide clarity, highlight benefits https://www.benefitscanada.com/benefits/health-benefits/clhia-releases-critical-illness-insurance-guide-to-provide-clarity-highlight-benefits/ Fri, 15 Mar 2024 13:00:57 +0000 https://www.benefitscanada.com/?p=153151 The Canadian Life and Health Insurance Association has released a critical illness insurance guide to help Canadians better understand the benefits of critical illness insurance and how it works. Critical illness insurance is less well known than other types of insurance, so the guide helps to fill in the blanks for Canadians who may have […]

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]]> CLHIA focusing on improving pharmacare, rare disease drug coverage in 2024 https://www.benefitscanada.com/benefits/health-benefits/clhia-focusing-on-improving-pharmacare-rare-disease-drug-coverage-in-2024/ Mon, 29 Jan 2024 14:00:29 +0000 https://www.benefitscanada.com/?p=151208 In the year ahead, the Canadian Life and Health Insurance Association will continue its advocacy efforts to ensure the federal government’s proposed pharmacare plan extends coverage for those who lack benefits without disrupting workplace benefits that millions of working Canadians rely on, says Stephen Frank, the association’s president and chief executive officer. The right approach to […]

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]]> How group life insurance can support employee financial, mental wellness https://www.benefitscanada.com/benefits/health-benefits/how-group-life-insurance-can-support-employee-financial-mental-wellness/ Tue, 14 Nov 2023 14:00:39 +0000 https://www.benefitscanada.com/?p=146745 A group life insurance policy can support employee financial and mental wellness as they pay off debt, mortgages and other liabilities, says Kevin Dorse, assistant vice-president of strategic communications and public affairs at the Canadian Life and Health Insurance Association. “Knowing they have a confirmed payout amount upon death gives comfort to an employee and […]

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]]> Canadian insurers paid out record $114BN in health, retirement benefits in 2022: CLHIA https://www.benefitscanada.com/news/bencan/canadian-insurers-paid-out-record-114bn-in-health-retirement-benefits-in-2022-clhia/ Fri, 29 Sep 2023 13:00:39 +0000 https://www.benefitscanada.com/?p=144232 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 pandemic and up 60 per cent from a decade ago, according to the Canadian Life and Health Insurance Association’s annual fact book. “During a year when many households faced higher […]

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]]> AI tools helping insurers manage plan costs by weeding out instances of benefits fraud https://www.benefitscanada.com/benefits/health-benefits/ai-tools-helping-insurers-manage-plan-costs-by-weeding-out-instances-of-benefits-fraud/ Wed, 06 Sep 2023 13:00:31 +0000 https://www.benefitscanada.com/?p=142721 In 2022, Beneva Inc.’s fraud management department noticed unusual activity under a plan member’s account. The insurer’s artificial intelligence tool, used to analyze millions of benefits claims, flagged that a plan member and the person’s dependant had used up all their maximum coverages within a short period of time. When the plan coverage rolled over […]

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]]> CAPSA’s draft CAP guideline alters industry standards, say ACPM, CLHIA, PIAC https://www.benefitscanada.com/pensions/cap/capsas-draft-cap-guideline-alters-industry-standards-say-acpm-clhia-piac/ Thu, 10 Aug 2023 13:00:47 +0000 https://www.benefitscanada.com/?p=142018 The Association of Canadian Pension Management, the Canadian Life and Health Insurance Association and the Pension Investment Association of Canada say the Canadian Association of Pension Supervisory Authorities’ draft guideline for capital accumulation plans significantly alters the expectations and industry standards for CAPs. In an open letter, the organizations requested the CAPSA reconvene its industry working […]

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]]> Dental-care program’s employer reporting requirement may cause barriers to care: experts https://www.benefitscanada.com/benefits/health-benefits/dental-care-programs-employer-reporting-requirement-may-cause-barriers-to-care-experts/ Thu, 06 Apr 2023 13:00:53 +0000 https://www.benefitscanada.com/?p=136073 A 2023 federal budget proposal to require employers to report dental coverage as part of the national dental-care program will be onerous on plan sponsors and still leaves more questions than answers, says Pam Martin, vice-president and senior consultant at Baynes & White Inc. Since dental benefits are important to an individual’s mental health, the federal government […]

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]]> Top 5 HR, benefits, pension and investment stories of the week https://www.benefitscanada.com/news/bencan/top-5-hr-benefits-pension-and-investment-stories-of-the-week-27/ Fri, 10 Mar 2023 14:00:38 +0000 https://www.benefitscanada.com/?p=135169 An article on how the Canadian Life and Health Insurance Association is collaborating with insurers on suspected benefits fraud investigations was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. CLHIA working with insurers on suspected benefits fraud investigations 2. AIMCo closing gender equity gap through […]

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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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]]> Collaboration key in maintaining value of private payer health care: experts https://www.benefitscanada.com/benefits/health-benefits/collaboration-key-in-maintaining-value-of-private-payer-health-care-experts/ Thu, 10 Nov 2022 14:00:48 +0000 https://www.benefitscanada.com/?p=129562 Amid the increasing introduction of specialized medicines in Canada, key stakeholders in the private payer health-care sector are enhancing their collaborations to maintain the value of private drug coverage, said Joe Farago, executive director of private payers and investment at Innovative Medicines Canada, during a webinar by the Group Insurance Pharmaceutical Committee this week. “[The […]

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