Latest news in Health benefits

Deadline extended for the 2024 Workplace Benefits Awards

Benefits Canada is extending the deadline for entering the 2024 Workplace Benefits Awards to Friday, July 5 at 5 p.m. EST. The original industry awards program has been recognizing…

  • By: Staff
  • June 17, 2024 June 14, 2024
  • 09:00

72% of U.S. employees staying with their employer to keep pay, job security: survey

Nearly three-quarters (72 per cent) of U.S. employees are choosing to stay with their employers, a significant change from 2022 when 53 per cent were…

  • By: Staff
  • June 14, 2024 June 13, 2024
  • 09:00

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

An article detailing a stark increase in the use of obesity medications among Canadian employer-sponsored benefits plan members was the most-read article on BenefitsCanada.com this…

  • By: Staff
  • June 14, 2024 June 13, 2024
  • 09:00
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20% of U.S. workers say being able to save was their biggest financial worry last year: survey

A fifth (20 per cent) of U.S. employees say contributing to their savings account has been their biggest financial worry in the last 12 months,…

  • By: Staff
  • June 12, 2024 June 11, 2024
  • 09:00

How plan sponsors, insurers should approach Wegovy rollout in Canada

When considering whether to cover Wegovy, an obesity medication, it’s important for plan sponsors to weigh increased short-term costs with long-term savings, while considering alternative…

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

An article on the federal government’s national pharmacare bill receiving approval in the House of Commons was the most-read story on BenefitsCanada.com this week. Here…

  • By: Staff
  • June 7, 2024 June 6, 2024
  • 09:00

Claims for obesity drugs increased 42% in 2023, 92% since 2020: report

The use of obesity medications among Canadian employer-sponsored benefits plan members has grown substantially, with claims increasing 42 per cent in 2023 and roughly 92…

Pharmacare bill passes in House of Commons, heads to Senate

The federal government’s pharmacare bill is headed to the Senate after passing third reading in the House of Commons. The bill was the result of…

Nestlé, Unifor agreement includes pension, benefits gains

The union representing more than 460 employees at Nestlé in Toronto has ratified a three-year collective agreement that includes pension and benefits gains, ending a…

  • By: Staff
  • June 4, 2024 June 3, 2024
  • 09:00

CAA Club Group’s Workplace Benefits Award win demonstrating commitment to employee well-being

CAA Club Group’s award-winning health and wellness strategy is showing employees, as well as potential candidates, that the organization is focused on supporting the holistic…

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

An article on legal challenges filed against the federal government’s hybrid work mandate for public service employees was the most-read story on BenefitsCanada.com this week.…

  • By: Staff
  • May 31, 2024 May 30, 2024
  • 09:00
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Survey finds 92% of U.S. employees seeking additional financial resources from employer

Nine in 10 (92 per cent) U.S. employees say they need additional financial resources in their employer-sponsored benefits plan, up from 79 per cent in…

  • By: Staff
  • May 30, 2024 May 31, 2024
  • 15:00

Coverage for high-cost, specialty drugs missing from rollout of feds’ pharmacare plan: experts

While the concept behind the federal government’s universal pharmacare plan is well intentioned, the program would make a larger impact for employers by focusing on…

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Survey finds 77% of U.S. workers think employers’ motivation for returning to office is about control

More than three-quarters (77 per cent) of U.S. workers believe the primary motivation for return-to-office policies is so that employers can exert more control over…

  • By: Staff
  • May 29, 2024 May 29, 2024
  • 09:00

BNP Paribas’ 2023 Workplace Benefits Awards win fostering expansion of DEI initiatives

BNP Paribas in Canada’s 2023 Workplace Benefits Awards win is reinforcing the company’s goal of expanding its diversity, equity and inclusion initiatives, says Flavie Motte, the…

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79% of Canadians would use mental-health services more if cost wasn’t a factor: survey

Nearly two-thirds (62.3 per cent) of Canadian employees rarely or never access mental-health services and more than three-quarters (78.6 per cent) say they’d access these…

  • By: Staff
  • May 22, 2024 May 21, 2024
  • 09:00

CGI Group promoting mental-health support through compassion tool, employee recognition

CGI Group Inc. is promoting Mental Health Awareness Month for employees through multiple initiatives, including an event to share experiences and a new ‘leading with…

Fidelity Canada touts preventative, life-sustaining benefits plans

77% of U.K. employees with cancer say their benefits didn’t meet their needs: survey

More than three-quarters (77 per cent) of U.K. employees say their employee benefits didn’t meet their needs during their cancer journey, according to a new survey…

  • By: Staff
  • May 15, 2024 May 14, 2024
  • 09:00
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72% of Canadian workers prioritizing mental health: survey

Nearly three-quarters (72 per cent) of Canadian employees said taking care of their mental health is more of a priority, up from 68 per cent…

  • By: Staff
  • May 13, 2024 May 13, 2024
  • 15:00

How employers can help mothers maintain a healthy work-life balance

To help working mothers with the sometimes overwhelming task of maintaining a work-life balance, employers can invest in inclusive, flexible policies and provide support when…

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

An article on the federal government’s financial sanctions against the Canada Life Assurance Co. following delayed benefits access for public employees was the most-read article…

  • By: Staff
  • May 10, 2024 May 10, 2024
  • 09:00

Editorial: What a difference four years makes

Four years ago, as the coronavirus pandemic entered its third month, I unknowingly — and unwittingly — took my first steps towards a new chapter…

A deep dive into health-care navigation guides

With employees often struggling to find benefits offerings related to mental-health support or chronic conditions, demand for health-care system navigation services has increased significantly in…

Q&A with the Royal Bank of Canada’s Jamie Abbott

The RBC’s senior director of North American benefits and global well-being discusses building flexibility into the modern benefits plan, harnessing AI capabilities in the banking…