diabetes – Benefits Canada.com https://www.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Fri, 22 Nov 2024 22:16:07 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 Claims for obesity, diabetes medications up in 2023: report https://www.benefitscanada.com/benefits/health-benefits/claims-for-obesity-diabetes-medications-up-in-2023-report/ Fri, 22 Nov 2024 14:00:21 +0000 https://www.benefitscanada.com/?p=163075 The percentage of claimants filing claims for obesity drugs increased by 43 per cent in 2023, according to a new report by GreenShield. The report, which analyzed the insurer’s 2023 claims data, found diabetes medications saw a 13 per cent increase in cost, accounting for nine per cent of total drug costs in 2023. There […]

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Canadian health benefits cost trend increasing to 7.4% in 2025: report https://www.benefitscanada.com/benefits/health-benefits/canadian-health-benefits-cost-trend-increasing-to-7-4-in-2025-report/ Wed, 20 Nov 2024 14:00:15 +0000 https://www.benefitscanada.com/?p=163055 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 […]

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How benefits plan sponsors, insurers are managing newer — and effective — GLP-1 medications https://www.benefitscanada.com/archives_/benefits-canada-archive/how-benefits-plan-sponsors-insurers-are-managing-newer-and-effective-glp-1-medications/ Fri, 15 Nov 2024 13:55:00 +0000 https://www.benefitscanada.com/?p=162339 With lyrics adapted to the tune of ‘Magic’ by Scottish pop group Pilot, the melody of ‘Oh, Oh, Oh, Ozempic’ is splashed across U.S. televisions in a snappy advertising campaign. The commercial push is likely unnecessary. Ozempic, one of the brand names of a glucagon-like peptide-1 receptor agonist medication used to treat type 2 diabetes, […]

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Innovative Medicines Canada calling on feds to clarify impact of pharmacare on private drug plans https://www.benefitscanada.com/benefits/health-benefits/innovative-medicines-canada-calling-on-feds-to-clarify-impact-of-pharmacare-on-private-drug-plans/ Wed, 06 Nov 2024 14:00:07 +0000 https://www.benefitscanada.com/?p=162136 Innovative Medicines Canada is calling on the federal government to introduce amendments to Bill C-64 that clarify the impact on all aspects of Canadians’ drug coverage. In a press release, the association urged the feds to ensure its new pharmacare program doesn’t disrupt existing coverage for the 27 million Canadians who are insured under a […]

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Senate passes pharmacare legislation without amendments https://www.benefitscanada.com/benefits/health-benefits/senate-passes-pharmacare-legislation-without-amendments/ Fri, 11 Oct 2024 19:00:00 +0000 https://www.benefitscanada.com/?p=161291 Prime Minister Justin Trudeau is calling on provinces and territories to start negotiating pharmacare deals as soon as possible, now that the federal legislation to enact the program has become law. “This is real progress, but now we need the provinces and territories to come to the table and sign agreements with us that supports […]

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How national dental-care, pharmacare programs will impact unionized employees https://www.benefitscanada.com/benefits/health-benefits/how-national-dental-care-pharmacare-programs-will-impact-unionized-employees/ Wed, 02 Oct 2024 13:00:22 +0000 https://www.benefitscanada.com/?p=160411 The Canada Dental Care Plan will help make dental services more accessible for unionized employees who don’t currently have a dental program within their contract, says Sandeep Kakan, director of pension governance at Unifor. Kakan, who until recently was the union’s director of pension and benefits, says the new program has established a standard from which […]

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Plan members’ financial strain a call to action for plan sponsors: 2024 BCHS report launch https://www.benefitscanada.com/benefits/health-wellness/plan-members-financial-strain-a-call-to-action-for-plan-sponsors-2024-bchs-report-launch/ Mon, 23 Sep 2024 13:00:30 +0000 https://www.benefitscanada.com/?p=160368 Canadian health benefits plan members are increasingly feeling financially strained, according to the 2024 Benefits Canada Healthcare Survey — a finding that experts say should be a call to action to employers to include more financial wellness supports in benefits plans. Personal finances has remained plan members’ top stressor for the past two years, with […]

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U.S. health benefits costs rising to nearly 8% in 2025: survey https://www.benefitscanada.com/benefits/health-benefits/u-s-health-benefits-costs-rising-to-nearly-8-in-2025-survey/ Wed, 28 Aug 2024 19:00:44 +0000 https://www.benefitscanada.com/?p=159526 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 […]

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2024 Vancouver Benefits Summit: A look at post-pandemic paramedical, drug claims https://www.benefitscanada.com/events/conference-coverage/2024-vancouver-benefits-summit-a-look-at-post-pandemic-paramedical-drug-claims/ Mon, 08 Jul 2024 11:58:55 +0000 https://www.benefitscanada.com/?p=157469 There has seen a “huge increase” in mental-health practitioner claims following the coronavirus pandemic, said Sylvana Leclerc, organizational health consultant for integrated health solutions at Sun Life Financial Inc., during a session at Benefits Canada’s 2024 Vancouver Benefits Summit in May. Citing findings from the insurer’s annual Health by Design report, she said in 2022, […]

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Mental-health claims by Canadians up 132% since pandemic: report https://www.benefitscanada.com/benefits/health-benefits/mental-health-claims-by-canadians-up-132-since-pandemic-report/ Thu, 27 Jun 2024 19:00:57 +0000 https://www.benefitscanada.com/?p=157536 Mental-health claims by Canadians have increased by 132 per cent since the onset of the coronavirus pandemic, according to a new report by GreenShield. The report, which compiled data from the insurer’s claims database between 2020 to 2023, found women and younger generations account for the majority of mental-health services accessed. Among those accessing mental-health services, stress […]

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