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In Canada, the year-over-year cost increase for claims under a medical plan on a per-person basis is projected to reach seven per cent in 2023, according to a new report by Mercer. The report, which analyzed responses from more than 200 insurers across 56 countries, found the global year-over-year cost is expected to increase to […]

  • By: Staff
  • November 30, 2022 November 29, 2022
  • 09:00

As the coronavirus crisis enters an endemic phase, employers are beginning to see a return to pre-pandemic levels in paramedical benefits’ usage. During the first eight months of the pandemic, many plan members put off paramedical appointments because they were uncomfortable with non-essential, in-person interactions. In addition, many paramedical services were unavailable due to restrictions […]

Employer-sponsored health benefits cost trends are expected to increase by a record 10 per cent on average globally in 2023, amid rising inflation and increasing health-care utilization, according to a new survey by WTW. The survey, which polled more than 250 insurers representing 55 countries, found cost trends in Canada are expected to increase by […]

  • By: Staff
  • October 17, 2022 October 17, 2022
  • 15:00

Nearly three-quarters (73 per cent) of employers have increased their communications emphasis on mental-health and behavioural health offerings in the past two years, according to a new survey by the International Foundation of Employee Benefit Plans. In addition, the survey found 90 per cent of employers said they offer employee assistance programs, 86 per cent […]

  • By: Staff
  • July 27, 2022 July 27, 2022
  • 09:00

Employees are experiencing more pain than ever before, with nearly half of the workforce diagnosed with some form of chronic pain lasting more than three months, according to Dr. Ayla Azad, chief experience officer at the Canadian Chiropractic Association, during a session at Benefits Canada‘s 2022 Benefits & Pension Summit on June 1. Citing several different […]

Musculoskeletal issues have a far-reaching impact on the mental, physical and emotional wellness of benefits plan members and their families — however, they also come at a cost to plan sponsors. According to Sun Life Assurance. Co.’s 2020 disability claims, 20 per cent were related to musculoskeletal health conditions and 30 per cent of these affected […]