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 […]
Nearly two-thirds (60 per cent) of U.S. employees currently use or have previously used virtual care as part of their health-care experience, according to a new report by Cigna Healthcare. It found 70 per cent of U.S. adults were likely to use digital health tools in the future and roughly three-quarters believe the tools would […]
More than a third (36 per cent) of Canadian workers have been bothered by thoughts of death or self-harm over the past year, according to a new survey by Wysa Ltd. The survey, which polled more than 2,000 employees, found young people were especially at risk, with 56 per cent of Canadians aged 18 to 24 […]
The University Pension Plan’s chief people officer discusses expanding the talent pool, providing access to personalized and culturally relevant mental-health practitioners and finding time to enjoy the theatre. Q: What top challenges do you face in your role? A: As a new organization responsible for delivering pension security to 40,000 members, we need to attract […]
An article on the federal government’s financial sanctions against the Canada Life Assurance Co. following delayed benefits access for public employees was the most-read article on BenefitsCanada.com. Here are the top five human resources, benefits, pension and investment stories of the past week: 1. Canada Life facing gov’t financial sanctions following delayed benefits access for public […]
While the coronavirus pandemic may be in the rearview mirror for most employers, the Ontario-based Workplace Safety and Insurance Board knows all too well that the shadow pandemic that emerged from the health crisis is still impacting employees in the workplace. At a time when some employers are considering cutting back on mental-health benefits, the […]
More than two-thirds (69 per cent) of employees say their mental health has stayed the same or worsened in the past year, according to a new survey by Calm.com Inc. The survey polled more than 150 employers and more than 4,000 workers in the U.S., U.K., Germany and India. It also analyzed usage patterns of more […]
A third (34 per cent) of benefits plan members say they’ve received health-care services virtually by phone or computer over the past year, down from 41 per cent in 2022 and 43 per cent in 2021, according to the 2023 Benefits Canada Healthcare Survey. It found members recovering from a major injury (68 per cent) were […]
Navigating the care path for health-care issues can be overwhelming and confusing — so much so, it can act as a deterrent to people seeking help. In terms of mental-health support, the Bank of Montreal launched a digital navigation guide in May to point staff in the right direction. The tool, which is available to […]
Nearly two-thirds (61 per cent) of employers recognize they’ll need to offer a wider variety of benefits options to meet the expectations of the different generations in their workforces, according to a new report by LIMRA and EY. In particular, the survey, which polled more than 800 U.S. employers and more than 1,800 employees, found demand […]