Nearly a third (30 per cent) of insurers are making changes to ensure there’s diversity among the medical providers within their networks, according to a new report by Mercer. The report found more than a quarter (27 per cent) of insurers said they’ve changed their eligibility access processes to make coverage more inclusive for LGBTQ2S+ […]
Employer-provided medical benefits costs in Canada will rise seven per cent in 2022, according to a new survey by Aon. The annual global medical trend rates survey found the expected increase for Canadian employer-sponsored medical plan costs is due to a combination of higher costs for dental care, paramedical expenses and prescription drugs. It was conducted […]
Only five per cent of Canadian employers provide coverage for both fertility drugs and related costs such as in-vitro fertilization procedures and testing, according to a new report commissioned by Conceivable Dreams and Fertility Matters Canada. It found more than 85 per cent of benefit plans that covered fertility-related issues had lifetime maximums in place […]
From a plan-manager perspective, eight per cent of plan members are living with diabetes, said Dr. Bruce Perkins, professor in the division of endocrinology and metabolism at the University of Toronto, during Benefits Canada’s Face to Face Drug Plan Management Forum on Dec. 9, 2020. He said risk-factor management is necessary when it comes to […]
Mandy Kwasnica and her husband so desperately wanted to adopt they were ready to sink all of their money (and then some) into making their dream a reality. “Adoption is very, very expensive, but we knew in our hearts that this was the right move we were making,” recalls the manager of mortgage sales support at […]
The coronavirus pandemic is accelerating several health care trends in 2021, including the growth of virtual care and a focus on mental and emotional well-being, according to the Business Group on Health. The Washington-headquartered organization predicts the rapid expansion and availability of virtual care in 2020 will likely lead to increased options, including weight management, […]
The coronavirus pandemic is accelerating several health care trends in 2021, including the growth of virtual care and a focus on mental and emotional well-being, according to the Business Group on Health. The Washington-headquartered organization predicts the rapid expansion and availability of virtual care in 2020 will likely lead to increased options, including weight management, […]
With virtual health-care visits increasing as a result of the ongoing coronavirus pandemic, telemedicine should become a permanent part of Ontario’s health-care system, according to a new report by the Ontario Chamber of Commerce. It recommended the Ontario government develop a comprehensive framework for virtual care in Ontario, including support for employers’ continued investment in […]
With the coronavirus pandemic affecting plan sponsors in different ways, they can return to the basics and use data to manage their benefits spend, according to a webinar hosted by the Canadian Pension and Benefits Institute on Tuesday. “It’s helpful for companies to pivot and take the conversation back to the basics, which is discussing the […]
The Ontario Teachers’ Pension Plan is acquiring a majority stake in NVISION Eye Centers, a U.S.-based provider of eye-care services. As part of the transaction, Dr. Tom Tooma, NVISION’s founder, will retain a significant minority position in the company, serving as its chief medical officer and as a member of the board of directors. “Our […]