pharmacare – Benefits Canada.com https://www.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Fri, 03 May 2024 21:03:19 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 Feds seeking to boost domestic investments by Canadian institutional investors: budget https://www.benefitscanada.com/news/cir-news-news/feds-seeking-to-boost-domestic-investments-by-canadian-institutional-investors-budget/ Wed, 17 Apr 2024 13:00:53 +0000 https://www.benefitscanada.com/?p=154356 In its 2024 budget on Tuesday, the federal government announced a new working group dedicated to encouraging increased domestic investments by Canadian institutional investors. Former Bank of Canada governor Stephen Poloz is being tasked to lead an organization that will identify priority investment opportunities in the country for the more than $3 trillion held by […]

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]]> Liberals table bill paving way for future pharmacare program a day before deadline https://www.benefitscanada.com/news/bencan/liberals-table-bill-paving-way-for-future-pharmacare-program-a-day-before-deadline/ Thu, 29 Feb 2024 20:00:25 +0000 https://www.benefitscanada.com/?p=152559 Health Minister Mark Holland tabled a long-awaited bill Thursday meant to pave the way for national pharmacare and preserve a deal that secures the New Democratic Party’s support for the government in the House of Commons. The bill includes a program to cover birth control as well as diabetes drugs and supplies for anyone with […]

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]]> Stakeholders forming coalition to minimize impact of pharmacare on employer-sponsored benefits plans https://www.benefitscanada.com/benefits/health-benefits/stakeholders-forming-coalition-to-minimize-impact-of-pharmacare-on-employer-sponsored-benefits-plans/ Tue, 27 Feb 2024 14:00:18 +0000 https://www.benefitscanada.com/?p=152380 Several stakeholders from the benefits sector are partnering to form the Smart Health Benefits Coalition, an advocacy group that aims to strengthen the health-care system and address longstanding gaps in care. The federal government will release the framework for its pharmacare program on March 1 and the coalition — comprised of representatives from Gallagher, Benefits Alliance, GroupHEALTH, Hub International Ltd., […]

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]]> Top 5 HR, benefits, pension and investment stories of the week https://www.benefitscanada.com/news/bencan/top-5-hr-benefits-pension-and-investment-stories-of-the-week-71/ Fri, 02 Feb 2024 14:00:43 +0000 https://www.benefitscanada.com/?p=151473 An article on the Canadian Life and Health Insurance Association’s priorities for the coming year was the most-read story on BenefitsCanada.com this past week. Here are the top five human resources, benefits, pension and investment stories of the week: 1. CLHIA focusing on improving pharmacare, rare disease drug coverage in 2024 2. Majority of Canadian employers expecting […]

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]]> CLHIA focusing on improving pharmacare, rare disease drug coverage in 2024 https://www.benefitscanada.com/benefits/health-benefits/clhia-focusing-on-improving-pharmacare-rare-disease-drug-coverage-in-2024/ Mon, 29 Jan 2024 14:00:29 +0000 https://www.benefitscanada.com/?p=151208 In the year ahead, the Canadian Life and Health Insurance Association will continue its advocacy efforts to ensure the federal government’s proposed pharmacare plan extends coverage for those who lack benefits without disrupting workplace benefits that millions of working Canadians rely on, says Stephen Frank, the association’s president and chief executive officer. The right approach to […]

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]]> Top 10 benefits stories of 2023 https://www.benefitscanada.com/news/bencan/top-10-benefits-stories-of-2023/ Tue, 19 Dec 2023 14:00:35 +0000 https://www.benefitscanada.com/?p=148992 A story on how plan sponsors and insurers are considering covering weight-loss drugs as part of a broader push towards more inclusive benefits was the most-read benefits story on BenefitsCanada.com this year. Here are the 10 most popular benefits news stories of the year: 1. How plan sponsors, insurers are considering coverage of weight-loss drugs amid rising […]

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]]> Liberals say pharmacare bill unlikely to pass this year, despite promise to NDP https://www.benefitscanada.com/benefits/health-benefits/federal-governments-tight-fiscal-outlook-could-delay-pharmacare/ Tue, 28 Nov 2023 20:00:22 +0000 https://www.benefitscanada.com/?p=147866 Government House leader Karina Gould warned Tuesday the Liberals are unlikely to get a pharmacare bill passed by the end of the year, despite their promise to do so in an agreement with the New Democratic Party. “I don’t think we’re going to get it passed by the end of this year, but we’ll definitely […]

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]]> Top 5 HR, benefits, pension and investment stories of the week https://www.benefitscanada.com/news/bencan/top-5-hr-benefits-pension-and-investment-stories-of-the-week-57/ Fri, 20 Oct 2023 13:00:52 +0000 https://www.benefitscanada.com/?p=145632 An article on how flexible dress codes can support diversity, equity and inclusion was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. How flexible dress codes can support DEI amid post-pandemic return to office 2. With Ford, GM employees set to join CAAT’s DBplus pension, what’s […]

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]]> National pharmacare program will cost $40BN annually with shift of $14BN in private insurance https://www.benefitscanada.com/benefits/health-benefits/national-pharmacare-program-will-cost-40bn-annually-with-shift-of-14bn-in-private-insurance/ Wed, 18 Oct 2023 13:00:45 +0000 https://www.benefitscanada.com/?p=145468 The Parliamentary Budget Office is confirming the insurance industry’s projection that a single-payer model of national pharmacare program will cost $40 billion annually as a result of shifting more than $14 billion in private insurance coverage onto the government’s books. In a new report, the PBO estimated the cost of a single-payer universal drug plan to […]

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]]> Half of Canadian benefits providers include gender affirmation, fertility benefits in some plans: exclusive survey https://www.benefitscanada.com/benefits/health-benefits/half-of-canadian-benefits-providers-include-gender-affirmation-fertility-benefits-in-all-plans-exclusive-survey/ Tue, 18 Apr 2023 13:00:44 +0000 https://www.benefitscanada.com/?p=136669 While gender affirmation and fertility benefits coverage still isn’t included in all group benefits plans, around half of Canada’s group benefits providers include gender affirmation coverage (50 per cent) or fertility benefits coverage (59 per cent) in some of their plan offers, according to an exclusive survey by Benefits Canada. The survey, which polled Canada’s […]

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