Only half (51 per cent) of U.S. generation Z employees say their employer cares about their mental health, according to a new survey by the Hartford Financial Services Group Inc. The survey, which polled more than 500 human resources decision-makers and more than 1,100 workers, found among gen Z workers, 53 per cent said they’re […]
More than half (58 per cent) of U.S. employees say they’re significantly worried about one or more aspects of their personal finances, including saving for retirement and building emergency savings, according to a new survey by John Hancock Financial. In addition, with the market declines across asset classes in 2022, 70 per cent of survey respondents […]
The annual spend per private drug plan member increased by 6.3 per cent in 2022, according to Express Scripts Canada’s annual drug trends report. Across both traditional and specialty drugs, the increase was primarily driven by a 5.4 per cent rise in plan members making a claim, which reversed the trend seen in 2020 and […]
Two in five (43 per cent) Canadian employees say they’re concerned about their financial future, according to Telus Health’s latest mental-health index. Nearly half (45 per cent) of respondents said they feel overwhelmed by debt, with this group reporting the lowest mental-health (53.4) and financial well-being (48.1) scores. Indeed, the report found Canadians’ mental-health score […]
In the wake of the coronavirus pandemic, employers will likely start to see more chronic diseases in their employee population and should consider proactive strategies for supporting workers’ overall health, said Peter Nord, chief medical officer at Medcan, during Benefits Canada’s 2023 Chronic Disease at Work conference in early February. “Employees are looking around for […]
While the World Health Organization defines stress as any type of change that causes physical, emotional or psychological strain, simply put, it’s the body’s response to anything that requires attention or action, according to Sherry Hnatyshyn-Webster, Carepath Inc.’s managing director, speaking during a session at Benefits Canada‘s 2023 Chronic Disease at Work conference in early […]
When it comes to chronic conditions, there’s a difference in understanding and appreciating — “and this difference goes a long way in helping employers navigate their disability claims and accommodations,” said Yvonne Murphy, director of disability claims and group benefits at Sun Life Financial Inc., during a session at Benefits Canada’s 2023 Chronic Disease at Work conference. […]
Employees aged 40 and younger are 60 per cent more likely than workers aged 50 and older to lack confidence in their ability to cope with stressors at work, according to LifeWorks Inc.’s latest mental-health index. The survey’s respondents reported an overall mental-health score of 64.6, up slightly from 64.3 in November. The sub-scores for anxiety […]
A pilot project between Sun Life Canada and CloudMD found employees who had access to a mental-health coach and targeted interventions at the early stage of a mental-health challenge saw significant reductions in their symptoms over time, as well as lower short-term disability durations for those who took leave. “Early detection initiatives can really enhance […]
Total drug costs grew to $2 billion in 2021, rising steadily from $1.4 billion in 2017, according to Green Shield Canada’s annual drug trends report. The report, which is based on claims reported by Green Shield Canada, found the number of claimants also increased from 1.9 million to 2.1 million over the same period. While […]