With more data emerging showing vaping can lead to lung injuries and other adverse health issues, many employers have concerns about the potential cost of providing extended health-care benefits to employees who vape, says Julie Stich, vice-president of content at the International Foundation of Employee Benefit Plans. “We’re seeing more and more evidence coming forth […]
In the age of the #MeToo movement, the coronavirus pandemic and the global outcry for social justice, Canadians workers have been glued to their phones or tablets. Doomscrolling — the ongoing consumption of negative news — is taking its toll on their mental health. Doomscrolling is on the rise in Canada and employers need to […]
In the first quarter of 2022, new annual premiums for supplemental health insurance products totalled $1.1 billion in the U.S., a six per cent increase from the same period last year, according to LIMRA’s latest workplace benefits sales surveys. Most workplace supplemental health insurance product lines ― accident, critical illness, cancer and hospital indemnity insurance ― […]
More than two-thirds (70 per cent) of large U.S. employers are planning to beef up their benefits plans in 2023 to enhance their attraction and retention efforts, according to a new survey by Mercer. The survey, which polled more than 700 employers, found a third (32 per cent) of large employers already offer inclusive family-building […]
After the U.S. Supreme Court revoked the federal right to an abortion that’s been in place for half a century, companies like Amazon.com Inc., Apple Inc., JPMorgan Chase & Co. and the Walt Disney Co. pledged to cover travel costs for employees who live in states where the procedure is now illegal so they can […]
Paramedics from 40 ambulance services across Quebec are striking to lower the required retirement age for their defined benefit pension plan and for pay equity with their emergency services colleagues. The Fédération des employés du préhospitalier du Québec union — which has nearly 2,500 pre-hospital members, including paramedics — went on strike July 1. Currently, the members’ […]
Nearly three-quarters (73 per cent) of Canadian employees aged 18 to 34 and 69 per cent of workers aged 35 to 44 say they’re significantly more likely to leave their current employer for another role offering better benefits, according to a new survey by RBC Insurance Services Inc. The survey, which polled more than 1,000 […]
Two-fifths (43 per cent) of U.S.-based human resources leaders say workers are having difficulty accessing mental-health care, according to a survey by virtual health care provider Uprise Health. The survey, which polled more than 540 U.S.-based HR leaders at firms with 100 or more employees, found 35 per cent of employers aren’t currently offering any […]
The amendments to the Patented Medicine Prices Review Board regulations are officially taking effect July 1, after being delayed multiple times. The changes, which were originally proposed in 2019, are the first significant update to the regulations in more than 30 years. After consulting with stakeholders, Health Canada will be moving forward with the implementation of […]
An Ontario Superior Court judge awarding $210,000 in costs against the Financial Services Regulatory Authority of Ontario was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. Ontario court awards $210K in costs against FSRA in Brewers Retail pension case 2. Transition to low carbon economy […]