cost management

Keyword: cost management

195 results found

Attention deficit hyperactivity disorder is a neurodevelopmental disorder, affecting up to nine per cent of children and five per cent of adults, said Marie-Hélène Dugal, manager of pharmacy benefit strategy at Medavie Blue Cross, during Benefits Canada’s 2024 Face to Face Drug Plan Management Forum. Diagnosis rates have increased among women and become more common […]

One of the keys to managed care is to reflect on past experiences, understand lessons learned and consider their implications for the future, said Bobby Currie, director of drug evaluation at Manulife, during a session at Benefits Canada’s 2024 Face to Face Drug Plan Management Forum. While traditional tools like caps, deductibles and co-insurance that employers […]

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Three-quarters (75 per cent) of Canadian employers and 66 per cent of U.S. employers say employee productivity is a key focus for 2025, with most planning to align total rewards — specifically compensation — with productivity metrics, according to a new survey by Hub International Ltd. The survey, which polled 900 employers across North America, […]

  • By: Staff
  • December 12, 2024 December 11, 2024
  • 09:00
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Global benefits costs are projected to increase by 10.4 per cent in 2025, according to a new survey by WTW. The survey, which polled nearly 350 insurers, found in North America, costs are projected to rise to 8.7 per cent in 2025, up from 8.1 per cent in 2024. In the U.S., insurers projected a […]

  • By: Staff
  • December 2, 2024 November 29, 2024
  • 09:00
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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 […]

  • By: Staff
  • November 20, 2024 November 19, 2024
  • 09:00
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Nearly three-quarters (74 per cent) of Canadian employers have reduced the size of their office footprint by embracing hybrid work and allowing employees to work in office and co-working spaces closer to where they live, according to a new survey by International Workplace Group PLC. The survey, which polled more than 250 Canadian employers, found […]

  • By: Staff
  • November 12, 2024 November 12, 2024
  • 15:00

Carol Bennett’s innovation and commitment to inclusion led to her recognition as the Human Resources/Benefits Professional of the Year at Benefits Canada’s 2024 Workplace Benefits Awards on Oct. 18. Bennett, senior advisor of Canadian health and welfare benefits at BMO Financial Group, was awarded for the innovation she has brought to the bank’s benefits and wellness programs […]

  • By: Sadie Janes
  • October 30, 2024 November 6, 2024
  • 09:00

Nearly two-thirds (61 per cent) of Canadian human resources professionals feel workplace harassment is a growing issue in their organization and needs more attention, according to a new survey by Traliant. The survey, which polled 1,000 HR professionals in Canada from organizations ranging from 50 to more than 1,000 employees, found 52 per cent said […]

  • By: Staff
  • October 25, 2024 October 25, 2024
  • 15:00

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 […]

  • By: Staff
  • September 19, 2024 September 18, 2024
  • 09:00
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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 […]

  • By: Staff
  • August 28, 2024 August 28, 2024
  • 15:00