Kenneth MacDonald is associate vice-president, national accounts, for HUB International Ltd.
These are the views of the author and not necessarily those of Benefits Canada.
I remember when employers were concerned about the potential impact of a little blue pill called Viagra that came with an annual price tag of about $1,200. In those days, $1,200 would have been a high-cost drug. In 2017, that seems like a bargain, as today’s specialty drugs cost tens of thousands of dollars per patient per year. For […]
Achieving success at anything doesn’t just happen. In his 2008 book Outliers, Malcom Gladwell suggested the biggest contributing factor to success among those who are masters in their fields is practice — 10,000 hours of it, to be specific. If you ask employers with a thriving, well-managed benefits program what their secret to success is, […]
The 21st century is a smorgasbord of endless abundance and choice. Growing up in the 1970s and ’80s, strawberries were only available in season and, if the local record store had sold out of the new hit album, you’d have to wait by the radio for hours to hear the single. These days, people can […]
It’s no surprise to most Albertans that dental fees in the province are the highest in Canada by a wide margin. Recent statistics from Alberta Blue Cross show that, on average, the cost of dental services are about 30 per cent higher in Alberta than in the neighbouring provinces of British Columbia and Saskatchewan. A […]
Many of you have probably never heard of Ben Pobjoy. While he may not be a household name, some of you may have seen his YouTube video or read about his incredible story of weight-loss, exercise and community spirit. In 2014, Pobjoy moved to Toronto to start a new job and quickly realized he was the […]
Alberta is not the same place it was just 18 months ago when West Texas Intermediate crude oil was trading around US$100 per barrel. That’s about 200% higher than it’s been trading in recent weeks. The oil bust is having a dramatic impact on the provinces that rely heavily on the energy sector to keep […]
The financial risk to employers that provide prescription drug benefits for their employees has increased significantly over the past decade. Few employers have been lucky enough to steer clear of at least one high-cost biologic and specialty drug claim impacting their experience – and regardless whether an employer has had high-cost drug claims, they most likely have felt […]
Some of the most intriguing books in history are about the resiliency and triumph of the human spirit. In Yann Martel’s Life of Pi, a teenage boy loses his entire family in a shipwreck and spends 227 days at sea in a lifeboat with a man-eating Bengal tiger. More recently, in Andy Weir’s The Martian, […]
It’s 11:00 p.m. and you’ve survived another day of back-to-back meetings, endless emails, gridlock traffic, making dinner and getting the kids off to bed. Your head hits the pillow as you turn out the light, but your mind is still at the office, assessing the day’s events and speculating what tomorrow might hold in store. This is an all-too-familiar scenario that many of us encounter routinely.
Albertans live and die by the price of crude oil. Whether you work for a company in the energy industry or not, oil prices impact the daily life of Albertans more so than in any other province in Canada. While most Canadians have been filling up their vehicles lately with smiles on their faces, we Albertans squeeze the gasoline nozzle with a little more trepidation. Low oil prices are a double-edged sword here—one edge may be cutting prices at the pumps but the other is slashing jobs and corporate expenditures.