Benefits are a crucial factor to any company’s recruitment and retention strategy.
The world of pharmaceuticals is changing. New, more effective medications are replacing older ones, more biologic treatments are being developed, advances are being made in treating catastrophic illnesses, and drug patents are expiring resulting in more and more generic alternatives becoming available. Canada’s population is changing, too. Our aging population means an increased demand for […]
The Supreme Court of Canada denied leave to appeal from a decision of the British Columbia Court of Appeal in Lacey v. Weyerhaeuser Company Ltd.
Increasingly, Canadians are taking on more care responsibilities for family members and friends with a long-term health illness, disability or issue related to aging. As expected, with the increased responsibility, employees are facing a number of health and related issues that impact the workplace.
How actively do you promote your benefits plan? Do you fire off emails reminding employees to get their annual dental check-up? Post warnings when claim deadlines are approaching? Tweet about the benefits of your massage therapy coverage?
The cost of providing employee healthcare benefits at the largest U.S. employers is projected to increase by 7% next year.
A lot of articles have been written lately about administrative services only (ASO) funding arrangements for health and dental benefits, specifically targeted at smaller-size organizations with fewer than 100 employees. There’s nothing new about ASO—it was a viable funding option long before I showed up on the group insurance scene 20 years ago.
UPS plans to stop offering healthcare coverage to some of its employees’ spouses in 2014, partly due to the new U.S. healthcare law.
I recently had a discussion about business models and compensation structures within the financial services world with a few of the students in the finance elective class I teach at the University of Waterloo. The conversation centred around how widely accepted reimbursement models have evolved in various areas of the financial services sector, and how they didn’t always appear to make tremendous sense on the surface or seemingly add much value for the client.
RBC Insurance is offering small and medium-size businesses a full range of benefits for groups with as few as two employees.