On Dec. 15, the industry’s most popular drug benefits conference returned in a virtual format, highlighting the trends and opportunities for Canadian benefits plan sponsors to consider. Here’s what you missed: Using proactive drug plan design to ensure future sustainability Ensuring plan sponsors get value for money from their drug plans Patient support program insights […]
In 2020, Canada Life Assurance Co. saw a decrease in the number of benefits plan members making a drug claim, though the costs of those claims were higher, according to Barb Martinez, the insurer’s national practice leader in drug solutions, speaking during a session at Benefits Canada‘s Face to Face in Drug Plan Management Forum […]
The drug pipeline is full of new medications that may be more effective but may also be more expensive than existing treatments. Although they could significantly improve a benefits plan member’s health, they could also render a plan unaffordable. “Because drugs represent a significant portion of group insurance plan costs, plan sponsors are concerned about […]
The Toronto-Dominion Bank is enhancing its benefits offerings in 2022 with expanded family planning coverage. The bank’s benefits program is now covering fertility and reproductive treatments and offering support for surrogacy or donor costs and adoption costs, with a $20,000 lifetime maximum for each benefit, says Melanie Burns, TD’s senior vice-president of human resources and talent […]
A new year is bringing back old issues for employers and employees alike. The rise of the highly contagious Omicron coronavirus variant meant many students once again switched to online schooling. And while some schools across Canada are now reopening, employers continue to use a combination of flexible schedules and benefits offerings to support working […]
As the phenomenon of coronavirus long-haulers — individuals who display symptoms for months following infection — becomes more prominent amid the ongoing pandemic, plan sponsors are taking a flexible and individualized approach through their human resources practices and benefits offerings to support impacted plan members. Mike Mousseau, national well-being and engagement consultant at Arthur J. […]
The minister in charge of Canada’s federal social safety net for workers says the government is looking at removing rules that make it difficult for some to get their full parental leave as part of a review of the employment insurance system. Federal Employment Minister Carla Qualtrough says the issue’s particularly acute for new mothers because […]
Patagonia Inc. is giving all of its North American employees an additional week of paid time off this holiday season. The clothing retailer’s customer service and distribution centres will be closed from Dec. 24 to Jan. 2, while its stores and offices will close between Dec. 25 and Jan. 1, according to a press release. […]
The percentage of Canadians taking all of their allotted vacation time increased to 27 per cent in 2021, compared to 2020 when 20 per cent said they used all of their vacation days, according to a new survey by Maru Public Opinion for ADP Canada Co. For the first time since 2017, the “time-off tax” — an […]
Hootsuite Inc.’s director of total rewards talks benefits in a remote working environment, the four pillars of wellness and recharging through physical activity. Q: What top challenges do you face in your role? A: Hootsuite is very big on diversity, equity and inclusion and we operate in multiple countries, so it’s a balance of finding […]