The coronavirus pandemic has increased health-care costs in the U.S., while shifting how and where employees access care, according to a new report by PricewaterhouseCoopers. It projected that the costs of medical treatment in the U.S. will increase by 6.5 per cent in 2022, slightly lower than this year (seven per cent). “The pandemic’s long […]
Sun Life Financial Inc. has completed its acquisition of PinnacleCare International Inc., a U.S. health-care navigation and medical intelligence provider. Based in Maryland, PinnacleCare has more than 170 employees and 20 years of experience helping people navigate their care options when facing a serious medical condition. It will become part of Sun Life’s U.S. stop-loss and […]
Half of Canadians said they’ve increased their use of virtual health care since the beginning of the coronavirus pandemic, according to a new survey by consulting firm Calian Group Ltd. It also found, while 49 per cent of respondents said they intend to continue using virtual care after the pandemic is over and safety precautions […]
Canadians’ current retirement savings aren’t likely to withstand the costs of long-term health care later in life, according to a new survey by Edward D. Jones & Co. It found 23 per cent of respondents said they believe their retirement savings will last them less than 10 years, including 21 per cent of those age […]
Canada Life Assurance Co. is partnering with HumanisRx to provide medication reviews for plan members on disability leave. Through the MedCheckUp program, HumanisRx pharmacists provide one-on-one support to Canada Life plan members on disability to help them better achieve intended health outcomes, minimize side effects and return to work faster, according to a press release. Read: Canada Life […]
The year 2020 tested the mettle of entrepreneurs and small business owners like none other in recent history. And private equity firms operating in the small- and medium-sized business space were called upon like never before to help manage through the pandemic. For many business owners, 2020 has been about survival and making it through […]
The most powerful and durable investment themes are those where ingenuity sparks innovation to address imbalances in the world, said David Docherty, investment director for thematics at Schroders, when speaking at the Canadian Investment Review’s Investment Innovation Conference in November. He pointed to imbalance between population and resources as an example, and themes related to […]
FTSE Russell has released a preliminary list of companies set to enter or leave its U.S. indexes at the end of June as part of its annual reconstitution, which occurs to reflect market changes from the previous year. And the results tell a tale of the growing gap between the largest and smallest cap stocks. […]
Health care and consumers staples are sectors that typically perform well, even in moments of market stress. But during the coronavirus crisis, these sectors have provided slightly less downside protection, says Ramiz Chelat, global equities portfolio manager at Vontobel Asset Management. On the consumer staples front, the coronavirus shutdown is impacting consumption outside of the […]