benefits costs – Benefits Canada.com https://www.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Mon, 15 Jul 2024 20:34:28 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 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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]]> Sounding Board: What plan sponsors should know about pharmacare https://www.benefitscanada.com/benefits/health-benefits/sounding-board-what-plan-sponsors-should-know-about-pharmacare/ Thu, 27 Jun 2024 13:00:06 +0000 https://www.benefitscanada.com/?p=157451 Plan sponsors worried about the expense and sustainability of their drug plan might initially embrace a pharmacare plan, hoping to shift drug costs to a new program funded by provincial and federal governments. However, this may not be the solution it seems. A single-payer universal pharmacare system might limit medication access for individuals with employer-sponsored benefits […]

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]]> Three-quarters of Canadian employers offer or are keen to offer flexible benefits: survey https://www.benefitscanada.com/benefits/health-benefits/three-quarters-of-canadian-employers-offer-or-are-keen-to-offer-flexible-benefits-survey/ Tue, 25 Jun 2024 13:00:30 +0000 https://www.benefitscanada.com/?p=157360 Three-quarters of Canadian organizations (and 67 per cent of global employers) either offer or are keen to offer benefits choice or flexible benefits, according to a new survey by MBWL International, an international joint venture between Barnett Waddingham, Milliman Inc., Lurse and Normandin Beaudry. The survey, which polled more than 250 global employers, found 27 per cent […]

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]]> 79% of Canadians would use mental-health services more if cost wasn’t a factor: survey https://www.benefitscanada.com/benefits/health-wellness/79-of-canadians-would-use-mental-health-services-more-if-cost-wasnt-a-factor-survey/ Wed, 22 May 2024 13:00:43 +0000 https://www.benefitscanada.com/?p=155773 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 services at least twice a year if cost wasn’t a factor, according to a new survey by Humi. The survey, which polled nearly 650 employees, found roughly a quarter aspired […]

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]]> More private payers seeking to reduce costs turning to preferred pharmacy networks: expert https://www.benefitscanada.com/benefits/health-benefits/more-private-payers-seeking-to-reduce-costs-turning-to-preferred-pharmacy-networks-expert/ Wed, 01 May 2024 13:00:24 +0000 https://www.benefitscanada.com/?p=154972 As more insurers turn to preferred pharmacy networks to decrease costs, their efforts are being met with some resistance by plan members who may be finding it difficult and inconvenient to switch pharmacy providers. In January, Manulife Financial Corp.’s move to a preferred pharmacy network with Loblaw Cos. Ltd.’s Shoppers Drug Mart was met with […]

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]]> 40% of U.S. workers with employer-provided health benefits delayed care due to costs: survey https://www.benefitscanada.com/benefits/health-benefits/40-of-u-s-workers-with-employer-provided-health-benefits-delayed-care-due-to-costs-survey/ Tue, 30 Apr 2024 19:00:36 +0000 https://www.benefitscanada.com/?p=155031 Two-fifths (40 per cent) of U.S. workers with employer-provided health benefits reported delaying care due to cost, which negatively impacted their mental health, workplace culture and productivity, according to a new survey by research group Nonfiction on behalf of health-care provider Paytient. The survey, which polled more than 1,500 U.S. workers with health insurance through […]

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]]> 47% of Canadian employees relying on workplace benefits to improve well-being: report https://www.benefitscanada.com/benefits/health-wellness/47-of-canadian-employees-relying-on-workplace-benefits-to-improve-well-being-report/ Thu, 28 Mar 2024 13:00:52 +0000 https://www.benefitscanada.com/?p=153687 Nearly half (47 per cent) of Canadian employees say they’re interested in improving their well-being and plan on using workplace benefits to do so, according to a new report commissioned by Dialogue Health Technologies Inc. and conducted by Canadian market research firm Environics Research. The report, which analyzed multiple surveys polling more than 1,000 Canadian employees […]

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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-76/ Fri, 15 Mar 2024 13:00:54 +0000 https://www.benefitscanada.com/?p=153160 An article on how a shorter workweek can support higher levels of employee health and happiness was the most-read story on BenefitsCanada.com. Here are the top five human resources, benefits, pension and investment stories of the past week: 1. Four-day workweek improves employee well-being, retention: expert 2. Report finds women taking 69% of all mental-health leaves of […]

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