Nearly three-quarters (71 per cent) of U.S. employers feel the deteriorating mental health of their workforce is having a negative financial impact on their companies, according to a survey by the Hartford Financial Services Group Inc. The survey, which polled more than 500 U.S. employers and 1,000 workers, found 34 per cent of employees reported […]
While the overall private drug plan spend per member increased by 4.3 per cent in 2021, fewer plan members submitted claims and the per-claimant cost grew, according to Express Scripts Canada’s latest prescription drug trends report. Specifically, the percentage of plan members that made a claim decreased by 0.3 per cent last year while spend […]
Chronic physical health conditions and anxiety and mood disorders are frequently co-morbid conditions, so it’s important for employers to understand the link and how to support staff in the workplace, said Deborah McLeod, clinical director at Carepath Inc., during Benefits Canada’s 2022 Chronic Disease at Work conference in February. People living with chronic physical health […]
One in five Canadians will experience a mental illness in their lifetime and by age 40 about 50 per cent of the population will have or have had one. Mental illness includes conditions such as depression, schizophrenia or bipolar disorder, which “can really affect the ability of an individual to function,” said Nida Mian, senior […]
Recognized as the leading and most well-known event in workplace mental health for more than 15 years, Benefits Canada‘s 2021 Mental Health Summit, which was held virtually on Nov. 23-24, highlighted areas including links to disease impacts, treatment options, disability management and much more. Here’s what you missed: The importance of self-management in employee mental health How […]
When Nasreen, a 32-year-old marketing manager at a Toronto firm, started to suffer from anxiety and depression related to her isolation during the coronavirus pandemic, her manager and colleagues took notice. Nasreen, whose name has been changed to protect her privacy, was experiencing increased presenteeism and absenteeism as she suffered from an increasing number of […]
Over the next three years, 67 per cent of plan sponsors said they anticipate investing money and/or staff resources in wellness areas outside of their health benefits plan, with 51 per cent focusing on investments in emotional or mental health, according to the 2021 Benefits Canada Healthcare Survey. It found 14 per cent of plan sponsors […]
The vast majority (94 per cent) of employers said they expect an increase in medical services in 2022 due to delayed care during the coronavirus pandemic, according to a new survey by Business Group on Health. The survey, which polled 136 large employers that cover more than eight million plan members, asked about changes they […]
In the last 17 months, workplaces are prioritizing their employees’ physical health above all else. But what happens when employees’ mental health falls to the wayside? “Depression is a constellation of symptoms — and one must show five out of nine symptoms with some of the symptoms in question as slight as a change in […]
While there seems to be a light at the end of the tunnel with respect to the coronavirus pandemic and the return to normal life, the stress response from such a rapid and necessary shift in lifestyle has had and will continue to have profound impacts on mental health. Before the pandemic, Canada was already […]