By focusing on cancer as part of a wider chronic disease management strategy, employers can support employee health while reducing benefits costs, said Chris Bonnett, founder and principal at H3 Consulting, during a webinar hosted by the Canadian Pension and Benefits Institute. While long-term disability plans pay out, on average, $3,500 per month, cancer patients […]
An article on a 2023 budget proposal to require employers to report dental coverage as part of the national dental-care program was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. Enhanced national dental plan to require reporting of employer-provided coverage: budget 2. CAAT raising DBplus […]
Nearly three-quarters (73 per cent) of U.S. employees who are caregivers for dependants with mental-health challenges wish their employers would offer more mental-health benefits, according to a new survey by the New York Life Insurance Co. The survey, which polled 1,000 employees, found mental-health benefits play a key role in employee satisfaction. The vast majority of […]
Even before the coronavirus pandemic, employers were predicting challenges around meeting the demands of unfilled roles in the skilled trades. For the last decade, the trades workforce has been gradually ageing out. Now, tradespeople are retiring at unprecedented rates and it isn’t slowing down. While businesses in the sector have traditionally attracted employees with certain […]
The union representing employees at Ontario-based flooring company Gesco Ltd. Partnership has ratified a three-year collective agreement that includes retirement and paid leave gains. The company will now match all regular employees’ contributions to the group registered retirement savings plan to a maximum of four per cent of their basic annual earnings. The agreement also […]
While nearly two-thirds (61 per cent) of Canadian human resources leaders say employee mental health is an important challenge to manage this year, 48 per cent say their employer’s benefits program doesn’t provide access to a mental-health professional, according to a new survey conducted by Environics Research for Dialogue Health Technologies Inc. Sylvain Beauséjour, vice-president […]
Although a majority (83 per cent) of U.S. employers say their employees are satisfied with their current benefits offerings, fewer than two-thirds (61 per cent) of workers agree, according to a new survey by MetLife Inc. The survey, which polled more than 2,800 employers and more than 2,800 full-time employees, found the No. 1 reason […]
The majority of U.S. employers say recruiting talent (67 per cent) and retaining talent (64 per cent) are their top priorities, according to a new survey by CBIZ Inc. The survey, which polled more than 850 U.S. employers, found the next most important priority was controlling employee medical costs (49 per cent), with these cost-containment […]
Three years ago this month, the world was grappling with the early days of the coronavirus pandemic. Even then, with very little information available, people were beginning to turn their attention to the anticipated long-term ramifications of the public health crisis. With everyone experiencing this once-in-a-century moment simultaneously, no one had a response for how […]
The Ontario Teachers Insurance Plan has added a lead pharmacy consultant to its group life and disability claims team to assist in managing both early intervention and ongoing disability claims. The role, which was introduced in June 2021, creates a collaborative relationship between the pharmacist and the disability management team, providing further support for plan […]