Have no fear, small businesses — you won’t go bankrupt if you try to compete with Google’s employee benefits offering. Besides health-care coverage, the most popular benefits aren’t too expensive, according to a new survey by marketing agency Fractl. More than half (54 per cent) of the 2,000 American employees who responded to the survey said they’d […]
The Nova Scotia Human Rights Commission has ruled a benefits plan must cover a member’s medical marijuana prescription. “Employee benefit plans are not required to cover the sun, moon, and the stars,” Benjamin Perryman, chair of the board of inquiry, wrote in his ruling. But if a member with a disability requests coverage similar to what other […]
While employers strive to provide the right balance in their total rewards strategies, there’s sometimes a disconnect between what they offer their employees and what staff say they need and want. Employees are asking for more choice and the ability to customize their benefits from both a health and financial perspective. Adding a selection of […]
At 11.59%, the overall average health trend factor will continue in the same range this year as it has for the last four years, says the 2015 Accompass Guide to Health and Dental Trends, which polled nine insurers.
It’s 11:00 p.m. and you’ve survived another day of back-to-back meetings, endless emails, gridlock traffic, making dinner and getting the kids off to bed. Your head hits the pillow as you turn out the light, but your mind is still at the office, assessing the day’s events and speculating what tomorrow might hold in store. This is an all-too-familiar scenario that many of us encounter routinely.
A well-designed group benefits plan can be critical to attracting and retaining the right talent, as well as keeping employees healthy and productive at work. But for small employers, offering a benefits plan is easier said than done.
The future of medicine will be data-driven and focused on creating personalized medicine for each patient based on their individual molecular profile, according to a paper by The Personalized Medicine Initiative and PwC Canada.
The cost of prescription drugs has been rising fast. Driven by novel and improved treatments for illnesses such as hepatitis C and cancer, fewer drugs coming off patent than in prior years and our aging population, drug benefits costs have been increasing for several years.
There’s nothing like a number of employees from different generations to keep employers thinking about their benefits offering. "Now we have five different cohorts in the workforce," said Marilee Mark, vice-president, market development, group benefits, with Sun Life Financial.
According to PwC, by 2017, a new breed of consumer will dominate: the "digital native."