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The Federal Trade Commission is launching an inquiry into the operations of pharmacy benefits managers that control access to prescription drugs for millions of Americans. The consumer protection agency will order the nation’s largest PBMs to provide a range of information and records detailing how they do business. Pharmacy benefits managers run prescription drug coverage […]

The Canadian Imperial Bank of Commerce is adding gender affirmation coverage to its benefits program and enhancing existing offerings such as paid parental leave and fertility treatments. The gender affirmation benefit will cover specific gender transition surgeries and procedures not covered by provincial programs to an annual maximum of $10,000 and a lifetime maximum of $25,000, according to […]

  • By: Staff
  • May 12, 2022 June 1, 2022
  • 09:00

While almost two-thirds (62 per cent) of British Columbians said they’re covered by either a group or personal health benefits plan, just 18 per cent said they’ve accessed mental-health benefits, according to a new survey by Pacific Blue Cross. The survey, which polled more than 1,000 adults in B.C., found that, among respondents with an […]

  • By: Staff
  • May 6, 2022 May 5, 2022
  • 09:00

Using a real-time benefits scoring tool, Targeted Strategies Group is making changes to its benefits plan to enhance its employee value proposition amid a tight labour market. Since 2017, the insurance brokerage firm, which has 142 employees, has used CloudAdvisors’ benefits ranking tool to gauge whether it’s accomplishing the goals it’s set out to achieve […]

After multiple delays, the amendments to the Patented Medicines Review Board regulations will finally come into force on July 1, 2022. Last week, Health Minister Jean-Yves Duclos announced the federal government will proceed with the amendments to provide the PMPRB with new tools to protect Canadians from excessive prices for patented medicines. “This will improve access for […]

  • By: Staff
  • April 19, 2022 April 18, 2022
  • 09:00

Amid plans by the federal government to introduce national dental and pharmacare programs, key stakeholders in the private payer health-care sector should highlight the value of private health plans in Canada, according to a panel during a webinar by the Group Insurance Pharmaceutical Committee last week. In March, the Liberal Party and the New Democratic […]