Latest news in Health benefits

Copyright_olegback_123RF

Top 5 HR, benefits, pension and investment stories of the week

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…

  • By: Staff
  • October 20, 2023 October 19, 2023
  • 09:00

National pharmacare program will cost $40BN annually with shift of $14BN in private insurance

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…

  • By: Staff
  • October 18, 2023 October 17, 2023
  • 09:00

Webinar coverage: The link between type 2 diabetes and obesity

“We’re now in a very exciting time where we have treatments with previously unseen capacity to improve the control of type 2 diabetes and help…

66% of employees with health benefits report good overall well-being: survey

Two-thirds of (66 per cent) of Canadian employees who have employer-provided health benefits say their overall well-being is good or excellent, compared to fewer than…

  • By: Staff
  • October 17, 2023 October 18, 2023
  • 09:00

How employers can support ergonomics, reduce chronic pain amid return to office

Employers can support ergonomics by maintaining a proper workstation, providing education and offering proper paramedical coverage, says Dr. Crystal Draper, senior manager of professional practice…

Head to head: Is ROI the responsibility of HR or finance?

While one human resources professional says HR has the greatest impact on return on investment, the other says it’s a shared responsibility and a stronger…

A closer look at how chronic conditions are impacting benefits plans

In 2022, some of the top chronic conditions affecting group benefits plans were diabetes, obesity, depression and arthritis. Diabetes was the No. 1 ranked condition…

60% of employees willing to take pay cut in exchange for flexible, remote working: survey

Sixty per cent of Canadian employees say they’d be willing to accept a lower salary in exchange for flexible working hours or a remote working…

  • By: Staff
  • October 12, 2023 October 11, 2023
  • 09:00
Latest GM Canada, Unifor deal includes DB pension changes, benefits enhancements

Canadian auto workers, GM reach tentative contract agreement, mirroring Ford deal

General Motors and the union representing Canadian auto workers reached a tentative contract agreement Tuesday, ending a strike that began just after midnight. About 4,300…

Copyright_melpomen_123RF

74% of U.S. employers increasing benefits, compensation communications: survey

Three-quarters (74 per cent) of U.S. employers say they increased their communications about compensation and benefits in 2023, according to a new survey by Arthur J.…

  • By: Staff
  • October 11, 2023 October 10, 2023
  • 09:00
Copyright_aberheide_123RF

Top 5 HR, benefits, pension and investment stories of the week

An article on how employers can support workers’ savings amid the rising cost of living was the most-read story on BenefitsCanada.com over the last week. Here…

  • October 6, 2023 October 5, 2023
  • 09:00

Survey finds majority of employers say attraction, retention increasingly impacting total rewards decisions

Amid a challenging labour market, Canadian employers say attraction (64 per cent) and retention (57 per cent) are the top challenges impacting total rewards decisions,…

80% of SME workers consider benefits before accepting new role: survey

The majority (80 per cent) of Canadian employees say they consider a small- and medium-sized employer’s health benefits before accepting a new role and 73 per cent…

  • By: Staff
  • October 5, 2023 October 6, 2023
  • 09:00

Average cost of employer-sponsored health benefits expected to decline to 5% in 2024: report

The average cost of employer-sponsored health benefits in Canada is expected to decline to five per cent in 2024, down from 7.5 per cent in 2023,…

  • By: Staff
  • October 2, 2023 October 4, 2023
  • 15:00

Survey finds a third of Canadian workers finding cost a barrier to accessing mental-health support

A third (32 per cent) of Canadian employees say cost/affordability is the top barrier to getting mental-health support, according to the latest mental-health index by…

  • By: Staff
  • October 2, 2023 October 1, 2023
  • 09:00

Report finds employees less likely to say employer making positive changes to support mental health in 2023

While employees’ overall view of their employer’s workplace mental-health efforts are on the rise, workers were 49 per cent less likely to say their employer…

  • By: Staff
  • September 29, 2023 September 27, 2023
  • 15:00

Top 5 HR, benefits, pension and investment stories of the week

An article on the new agreement between Ford of Canada and Unifor was the most-read story on BenefitsCanada.com over the last week. Here are the five most…

  • By: Staff
  • September 29, 2023 September 28, 2023
  • 09:00
109095428-123RF

Canadian insurers paid out record $114BN in health, retirement benefits in 2022: CLHIA

Canada’s life and health insurers paid out a record $114 billion in health and retirement benefits last year, up $11 billion since before the coronavirus…

  • By: Staff
  • September 29, 2023 September 28, 2023
  • 09:00
Copyright_nito500_123RF

Expert panel: How employers can support transgender, gender non-conforming employees

Canada’s most recent census found there are 59,460 Canadians aged 15 or older who identify as transgender and 41,355 who identified as non-binary. However, these individuals…

Survey finds majority of plan members with a workplace wellness culture satisfied with their jobs

Plan members with a workplace wellness culture are much more likely (89 per cent) to be satisfied with their jobs compared to those without one…

  • By: Staff
  • September 28, 2023 September 28, 2023
  • 09:00
How CAA’s wellness app is evolving during the pandemic

73% of plan members agree their work environment supports mental wellness: survey

Three-quarters (73 per cent) of benefits plan members agree — 22 per cent strongly — their workplace environment supports mental wellness, according to the 2023 Benefits Canada…

  • By: Staff
  • September 27, 2023 September 26, 2023
  • 09:00

Survey finds plan sponsors, members divided over whether workplace supports musculoskeletal health

While nearly three-quarters (72 per cent) of health benefits plan sponsors agree their work environment supports musculoskeletal health, two-thirds (65 per cent) of plan members…

  • By: Staff
  • September 26, 2023 September 26, 2023
  • 09:00
Copyright_Andriy Popov_123RF

Fewer U.S. employees say employer provides well-being resources: survey

Just four in 10 (43 per cent) U.S. employees say their company supports them with resources to better manage and improve their well-being, down from…

  • By: Staff
  • September 26, 2023 September 25, 2023
  • 09:00

Ford, Unifor agreement includes significant DC pension improvements, transition to DB plan

More than 5,600 Ford of Canada workers have voted in favour of ratifying a three-year collective agreement that includes improvements to the defined contribution and…

  • By: Staff
  • September 25, 2023 September 25, 2023
  • 09:00