benefits costs – Benefits Canada.com https://www.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Thu, 21 Nov 2024 16:04:35 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 Canadian health benefits cost trend increasing to 7.4% in 2025: report https://www.benefitscanada.com/benefits/health-benefits/canadian-health-benefits-cost-trend-increasing-to-7-4-in-2025-report/ Wed, 20 Nov 2024 14:00:15 +0000 https://www.benefitscanada.com/?p=163055 In Canada, the average health benefits cost trend for 2025 is estimated to be 7.4 per cent, up from five per cent in 2024, according to a new report by Aon. It found the top medical conditions driving health benefits plan costs are diabetes, autoimmune diseases (excluding diabetes), mental health, lung disorders/respiratory and cardiovascular and […]

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]]> Top 5 HR, benefits, pension and investment stories of the week https://www.benefitscanada.com/news/bencan/top-5-hr-benefits-pension-and-investment-stories-of-the-week-102/ Fri, 04 Oct 2024 13:00:54 +0000 https://www.benefitscanada.com/?p=161010 An article on how national dental-care and pharmacare programs will impact unionized employees was the most-read story on BenefitsCanada.com this past week. Here are the top five human resources, benefits, pension and investment stories of the last week: 1. How national dental-care, pharmacare programs will impact unionized employees 2. Survey finds 56% of Canadian workers reporting reduced productivity […]

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]]> Majority of employers feel it’s challenging to provide benefits in today’s economic climate: 2024 BCHS https://www.benefitscanada.com/benefits/health-benefits/majority-of-employers-feel-its-challenging-to-provide-benefits-in-todays-economic-climate-2024-bchs/ Thu, 19 Sep 2024 13:00:47 +0000 https://www.benefitscanada.com/?p=160233 A large majority (80 per cent) of Canadian employers feel it’s extremely (36 per cent) or somewhat challenging (44 per cent) to provide benefits in today’s economic climate, according to the 2024 Benefits Canada Healthcare Survey. However, three-quarters (77 per cent) of plan sponsors indicated their health benefits plan was extremely or very important to […]

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]]> Top 5 HR, benefits, pension and investment stories of the week https://www.benefitscanada.com/news/bencan/top-5-hr-benefits-pension-and-investment-stories-of-the-week-99/ Fri, 13 Sep 2024 13:00:39 +0000 https://www.benefitscanada.com/?p=160144 An article on the Ontario government’s review of preferred pharmacy networks was the most-read story on BenefitsCanada.com this past week. Here are the top five human resources, benefits, pension and investment stories of the last week: 1. Ontario reviewing impact of preferred pharmacy networks on plan members’ costs, accessibility 2. Canadian employers focusing on workers’ emotional well-being in […]

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]]> U.S. health benefits costs rising to nearly 8% in 2025: survey https://www.benefitscanada.com/benefits/health-benefits/u-s-health-benefits-costs-rising-to-nearly-8-in-2025-survey/ Wed, 28 Aug 2024 19:00:44 +0000 https://www.benefitscanada.com/?p=159526 U.S. employers’ health benefits costs are expected to increase to nearly eight per cent for 2025, the highest amount in more than a decade, according to a new survey by Business Group on Health. The survey, which polled 125 large employers, found they’re planning to continue to absorb much of the increases at least for […]

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]]> U.S. employers projecting health benefits cost increase of 8% for 2025: survey https://www.benefitscanada.com/benefits/health-benefits/u-s-employers-projecting-health-benefits-cost-increase-of-8-for-2025-survey/ Mon, 26 Aug 2024 13:00:24 +0000 https://www.benefitscanada.com/?p=159445 U.S. employers are projecting health benefits costs to increase by eight per cent for 2025, up from seven per cent in 2023, according to a new survey by the International Foundation of Employee Benefit Plans. It found employers cited several factors in rising costs, including catastrophic claims (20 per cent, up from 19 per cent […]

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]]> Expert panel: The importance of employee feedback in shaping benefits plans https://www.benefitscanada.com/expertpanel_/kim-siddall/expert-panel-the-importance-of-employee-feedback-in-shaping-benefits-plans/ Wed, 14 Aug 2024 13:00:25 +0000 https://www.benefitscanada.com/?p=159189 Most employers look to get feedback from their employees on a variety of topics that touch on the worker experience. Valuable information can be found through the talent acquisition process, exit interviews and employee reviews on sites like Glassdoor.com. Many employers use regular employee engagement surveys, pulse surveys or focus groups, while others gather information […]

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]]> Top 5 HR, benefits, pension and investment stories of the week https://www.benefitscanada.com/benefits/health-benefits/top-5-hr-benefits-pension-and-investment-stories-of-the-week-90/ Fri, 12 Jul 2024 13:00:18 +0000 https://www.benefitscanada.com/?p=158072 A story on how group insurers can help plan sponsors provide adequate coverage and ensure appropriate use of treatments for rare diseases was the most-read article on BenefitsCanada.com this past week. Here are the top five human resources, benefits, pension and investment stories of the last week: 1. Sounding Board: How employers can mitigate cost of […]

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]]> 2024 Vancouver Benefits Summit: What are millennials, gen-Zers looking for in employee benefits packages? https://www.benefitscanada.com/events/conference-coverage/2024-vancouver-benefits-summit-what-are-millennials-gen-zers-looking-for-in-employee-benefits-packages/ Mon, 08 Jul 2024 11:53:32 +0000 https://www.benefitscanada.com/?p=157538 With millennials and generation Z employees representing roughly 75 per cent of the Canadian workforce, employers need to respond to the changing needs of these demographics, said Andrew Brandsma, director of sales for new business development at claims processing company National HealthClaim, during a session at Benefits Canada’s 2024 Vancouver Benefits Summit in May. Both […]

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]]> Top 5 HR, benefits, pension and investment stories of the week https://www.benefitscanada.com/news/bencan/top-5-hr-benefits-pension-and-investment-stories-of-the-week-88/ Fri, 28 Jun 2024 13:00:38 +0000 https://www.benefitscanada.com/?p=157562 An article on the benefits of tailoring an individual’s work schedule around their circadian rhythm and optimum times of productivity was the most-read story on BenefitsCanada.com this past week. Here are the top five human resources, benefits, pension and investment stories of the last week: 1. How ‘Chronoworking’ is helping boost employee productivity, recruitment 2. FSRA releases final […]

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