Keyword: cost management

198 results found

With employers and employees still suffering through the limbo of the coronavirus pandemic, Wednesday’s throne speech clarified how the federal government plans to continue to support Canadians. In her speech, Governor General Julie Payette said the Canada Emergency Wage Subsidy will be extended into 2021. She also said the government intends to shift away from emergency benefits […]

Over the past four years, total drug costs adjudicated by HBM+ have risen from about $1.2 billion to $1.5 billion, while the number of claimants has increased from 1.7 million to more than two million. The inaugural drug trends and strategic insights report by the health benefits manager, a division of Green Shield Canada, examined drug […]

  • By: Staff
  • September 18, 2020 November 17, 2020
  • 15:00

For many Canadians, quality vision is an ability taken for granted until we experience impairment. Whether it’s a prescription change, eye strain from our increasingly screen-centric work environments or a disease that gradually damages sight, the ability to access vision care when it’s required considerably enables our ability to perform on a daily basis. Vision loss and vision […]

Health and productivity is affected by a lack of access to care, according to Dr. Hanif Jamal, Canadian medical director at Teledoc Health, during a webinar hosted by Benefits Canada. Referring to a recent survey by the Canadian Medical Association, he noted 73 per cent of Canadians said they believe virtual care will improve access, followed by more […]

Half of Canadian plan members confident their benefits plan covers high-cost drugs: survey

Nearly half (49 per cent) of Canadian plan members said they’re confident their group benefits plan will cover medications for serious diseases such as cancer and diabetes, which cost between $1,000 and $10,000 per month, according to the 2020 Sanofi Canada health-care survey. When presented with the scenario of a drug that can treat or […]

  • By: Staff
  • June 29, 2020 November 12, 2020
  • 09:00

On May 21, Benefits Canada hosted a webinar to explore the coronavirus pandemic’s impact on chronic disease in the workplace, as well as how virtual solutions can support employee health through this unprecedented time. All employers are currently facing the same concerns, said Marie-Josée Le Blanc, a partner at Mercer, during the webinar. Pointing to the 2019 […]

Aon has introduced an interactive online tool that forecasts the impact of the coronavirus on employee populations across Canada, aiming to help employers anticipate the effect on their benefits plan costs, absenteeism and potential requirements for shifting work operations. “COVID-19 has brought on uncertainties in many aspects of our lives and this application will help […]

  • By: Staff
  • May 15, 2020 November 23, 2020
  • 09:03

In the midst of the coronavirus crisis, virtual health care is taking centre stage. But Ontario Power Generation was ahead of the curve, introducing a pilot project in 2019 to help employees with high mental-health incidences and absenteeism rates minimize their sick leave usage. The pilot, implemented on July 1, 2019, provides about 500 hydro […]

In 2019, Telus Communications Inc. bumped up its combined lifetime plan maximum per employee for fertility benefits to $15,000 for both treatment procedures and drugs. “More than anything, it’s just recognizing that we want to be a good place for women to work,” says Carol Craig, director of pensions and benefits at Telus. Generally, Canadian […]

Coronavirus could reduce employer health-care costs, finds analysis

The coronavirus pandemic could reduce employer health-care costs by as much as four per cent in 2020 as medical care for non-infected patients has declined, according to a new analysis by Willis Towers Watson. The analysis of large, self-funded U.S.-based employers is an update to a similar study conducted in March that projected employer costs […]

  • By: Staff
  • May 4, 2020 November 12, 2020
  • 08:45