Latest news in Health benefits

Budget 2016: Government commits $39 million to foundation for healthcare improvement

Budget 2016: Government commits $39 million to foundation for healthcare improvement

In its budget announcement on March 22, the government said it would provide $39 million over three years, starting in 2016-17, to the Canadian Foundation…

  • By: Staff
  • March 22, 2016 September 13, 2019
  • 14:25
Aon launches total rewards system for small employers

Aon launches total rewards system for small employers

Aon has launched a total rewards system aimed at small- and medium-sized Canadian companies. The integrated online portal, Aon Choice, is underwritten by Desjardins Insurance.…

  • By: Staff
  • March 22, 2016 September 13, 2019
  • 08:47
How the oil bust could be ballooning your benefits costs

How the oil bust could be ballooning your benefits costs

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…

  • March 21, 2016 September 13, 2019
  • 09:37
How pharmacy services are catching on with private payers

How pharmacy services are catching on with private payers

Unlike most employers in Canada, plan sponsors that offer prescription drug benefits in Quebec have no choice but to pay for pharmacy services. Last summer,…

Drug plan trends report: How drug plans are addressing skyrocketing costs

Drug plan trends report: How drug plans are addressing skyrocketing costs

When Andrew Martin joined the HR department at Joey Restaurant Group eight years ago, the company hadn’t touched its paper-based, administrative services-only drug plan in…

How Canadian multinationals are rising to the challenge of global benefits governance

How Canadian multinationals are rising to the challenge of global benefits governance

Of the 114 multinational companies that participated in the last Mercer global benefits governance survey, 84 per cent of respondents said they believed their existing…

How League is rethinking traditional workplace health benefits

How League is rethinking traditional workplace health benefits

This article was originally published on Benefits Canada‘s companion site, Canadian Business. Mike Serbinis isn’t a fan of the word “pivot.” It’s an overused term in…

Valeant Pharmaceuticals’ shares plunge to lowest levels in years

Valeant Pharmaceuticals’ shares plunge to lowest levels in years

Valeant Pharmaceuticals shares plunged to their lowest level in years today after its fourth quarter earnings came in below expectations and it warned that the first quarter…

77% concerned about Ontario’s healthcare system: report

77% concerned about Ontario’s healthcare system: report

More than three-quarters (77%) of Ontarians are concerned about the sustainability of the province’s healthcare system, according to a new report. The Ontario Chamber of Commerce’s…

Ottawa spent $2.2 million in fees for maternity, sickness benefits lawsuit

Ottawa spent $2.2 million in fees for maternity, sickness benefits lawsuit

Newly released figures show the federal government has spent more than $2.2 million in legal fees fighting a class-action lawsuit over maternity and sickness benefits. Most…

Why you should care about self-injury exclusions in insurance

Why you should care about self-injury exclusions in insurance

Clauses in individual and group benefits plans exclude coverage for people who try to harm themselves. These clauses, set by insurers, are used in products…

  • By: Katie Keir
  • March 11, 2016 September 13, 2019
  • 09:23
Health benefits key area of focus in M&A transactions: report

Health benefits key area of focus in M&A transactions: report

The top rewards-related issue during a merger and acquisition transaction is medical benefits, a key area of focus in 92% of projects analyzed by Mercer…

30% of U.K. employers have a defined wellness strategy

30% of U.K. employers have a defined wellness strategy

Almost a third (30%) of U.K. employers have a defined wellness strategy in place for their employees, according to new research by the Reward & Employee…

Employee contributions to spousal health coverage on the rise: survey

Employee contributions to spousal health coverage on the rise: survey

More than half (56%) of U.S. employers have increased employee contributions to healthcare coverage for spouses, while another 25% plan to do so by 2018,…

  • By: Staff
  • March 10, 2016 September 13, 2019
  • 09:12
NFL must pay benefits for retired player’s brain injury: judge

NFL must pay benefits for retired player’s brain injury: judge

A federal judge has ordered the NFL’s pension plan to pay higher disability benefits to a retired player who apparently is suffering from an illness caused…

Xenon Pharmaceuticals posts loss of $3.9 million in fourth quarter

Xenon Pharmaceuticals posts loss of $3.9 million in fourth quarter

Xenon Pharmaceuticals has reported a fourth-quarter loss of $3.9 million, after reporting a profit in the same period a year earlier. On a per-share basis, the…

56% of employers use mobile technology to support employee health: survey

56% of employers use mobile technology to support employee health: survey

More than half (56%) of employer respondents are using mobile apps and associated technologies to promote employee health engagement, according to a new study. The…

  • By: Staff
  • March 8, 2016 September 13, 2019
  • 08:58
Sounding Board: Health outcomes and personal choice collide

Sounding Board: Health outcomes and personal choice collide

A Quebec employer recently boasted about its unconventional hiring policy – the company has never hired a “smoker” in its 30 years as a business, and its proud of this stance.…

Rexall acquired by U.S. drug distributor McKesson

Rexall acquired by U.S. drug distributor McKesson

National drugstore chain Rexall Health is being sold to U.S. health-care giant McKesson Corp. as part of a $3-billion deal, the two companies announced Wednesday.…

Track your employees fitness with an Apple Watch

Track your employees fitness with an Apple Watch

Your employees know they need to exercise more, but there’s always next week, or the week after. To entice your staff to stop procrastinating, employers or insurers…

How Ontario’s drug changes for seniors could affect employers

How Ontario’s drug changes for seniors could affect employers

Employers that provide health and wellness benefits for retirees will want to make sure they keep an eye on a number of changes to the…

Generic drug price levels falling, report finds

Generic drug price levels falling, report finds

Generic drug price levels in Canada experienced significant declines in the period from 2010-14, according to research by the Patented Medicine Prices Review Board. Its…

  • By: Staff
  • March 2, 2016 September 13, 2019
  • 09:02
How employees can maximize their benefits

How employees can maximize their benefits

Despite many employers offering employee benefits that range from dental plans to retirement savings, the biggest problem companies have is engaging employes “to give a hoot,”…

  • By: Staff
  • March 1, 2016 September 13, 2019
  • 08:49
Up to 600 TTC employees involved in benefits fraud

Up to 600 TTC employees involved in benefits fraud

Up to 600 TTC employees are under investigation for their involvement in a benefits fraud scandal, according to an article in the Toronto Star. According to the…

  • By: Staff
  • February 29, 2016 September 13, 2019
  • 09:27
What the Ontario Budget means for employers

What the Ontario Budget means for employers

Ontario Finance Minister Charles Sousa announced the province’s 2016 budget on Thursday, outlining a range of developments of interest to employers and benefit plan sponsors, including:…

  • By: Staff
  • February 26, 2016 September 13, 2019
  • 09:12