Employers are increasingly facing a tight labour market and need to compete for top talent with a stronger benefits offering. Using technology to compare offerings across insurance companies and other providers can ensure employers have a cost-competitive plan that speaks to employees’ needs, said Matt Lister, co-founder and chief executive officer at CloudAdvisors, during Benefits […]
Dialogue Health Technologies Inc. is acquiring U.K.-based Tictrac Ltd., a provider of a global health and wellness platform, for up to $56 million. Tictrac supports employers and insurance partners, engaging their employees and customers to improve overall wellness and driving positive outcomes through meaningful insights, according to a press release. The transaction is expected to […]
A story about the federal government considering whether to include booster shots in the next version of the coronavirus vaccine mandate for workers was the most read story of the week on BenefitsCanada.com. Here are the five most popular news stories of the week: Feds consider definition of ‘fully vaccinated’ in review of federal worker mandate […]
Telus Health is acquiring digital health platform Sprout Wellness Solutions. Sprout is designed to inspire employees to improve their health through behaviour change, according to a press release, which noted Sprout will be integrated with Telus Health’s virtual care service. Read: Telus Health acquires health division of Toronto-based software company “We know preventative health practices can […]
While mental-health apps play an important role in employee benefits offerings, employers must remember apps are the gateway to treatment and not the treatment itself, says the co-author of a new study by the Workplace Safety & Prevention Services. “Don’t outsource your mental-health problems and think digital solutions alone are a panacea, just because it’s […]
Green Shield Holdings Inc. is acquiring specialty pharmacy NKS Health and digital pharmacy the Health Depot. NKS Health, which is focused on complex disease management, has four accredited pharmacies, 19 infusion clinics and a national network. The acquisition will provide Green Shield Canada with additional capability in managing drug costs for employers while enhancing patient health […]
“Diabetes is a disease that you do not see from the outside,” said Kayla O’Connell, who lives with type 1 diabetes and is a sales support associate at Medtronic, during a session at Benefits Canada‘s 2022 Chronic Disease at Work event in February. About 10 per cent of Canadians with diabetes have type 1, while […]
A retirement community operator is allowing employees to access their pay at any time as part of a wider financial wellness strategy. In May, Seasons Retirement Communities is incorporating a new app into its payroll system, which allows employees to receive up to 50 per cent of their daily pay instantly. Jessica Poling, senior director […]
The Canadian Life and Health Insurance Association is launching an industry initiative to pool claims data and use advanced artificial intelligence tools to enhance the detection and investigation of benefits fraud. While all Canadian insurance companies have their own internal analytics to detect fraud within their book of business, the new initiative — led by […]
The coronavirus pandemic and the changing environment have impacted pharmaceutical manufacturer-sponsored patient support programs. Manufacturers offer patient support programs to help individuals access their medication and navigate the health-care system, according to Sandra Anderson, senior vice-president of commercialization and strategy at Innomar Strategies, speaking during a session at Benefits Canada‘s Face to Face in Drug […]