employer-provided benefits plan – Benefits Canada.com https://www.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Mon, 15 Jul 2024 20:34:28 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 70% of U.S. employers say benefits critical to attraction, retention efforts: report https://www.benefitscanada.com/benefits/health-benefits/70-of-u-s-employers-say-benefits-critical-to-attraction-retention-efforts-report/ Wed, 10 Jul 2024 13:00:49 +0000 https://www.benefitscanada.com/?p=157955 Nearly three-quarters (70 per cent) of U.S. employers say their company’s benefits package is critical to attracting and retaining the best workers, according to a new report by LIMRA. It found half (51 per cent) of employers believe their company will be offering more benefits in the future than it does today and another six […]

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]]> 47% of Canadians have had an injury preventing them from functioning at work: survey https://www.benefitscanada.com/benefits/health-benefits/47-of-canadians-have-had-an-injury-preventing-them-from-functioning-at-work-survey/ Wed, 03 Jul 2024 13:00:11 +0000 https://www.benefitscanada.com/?p=157680 Nearly half (47 per cent) of Canadians say they’ve been injured in a way that impedes or has impeded them from being fully functional at work, at home or at play, according to a new survey by Ipsos on behalf of the Canadian Athletic Therapists Association. The survey, which polled 1,000 Canadian workers aged 18 and […]

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]]> U.S. workplace supplemental health product sales increase 3% to $1.3BN in Q1 2024: report https://www.benefitscanada.com/benefits/health-benefits/u-s-workplace-supplemental-health-product-sales-increase-3-to-1-3bn-in-q1-2024-report/ Tue, 02 Jul 2024 13:00:57 +0000 https://www.benefitscanada.com/?p=157620 Sales of U.S. workplace supplemental health products totalled nearly US$1.3 billion in new annualized premiums in the first quarter of 2024 ― a three per cent increase year over year, according to a new report by LIMRA. It found major product lines of accident, critical illness and hospital indemnity insurance combined grew four per cent from […]

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]]> Sounding Board: What plan sponsors should know about pharmacare https://www.benefitscanada.com/benefits/health-benefits/sounding-board-what-plan-sponsors-should-know-about-pharmacare/ Thu, 27 Jun 2024 13:00:06 +0000 https://www.benefitscanada.com/?p=157451 Plan sponsors worried about the expense and sustainability of their drug plan might initially embrace a pharmacare plan, hoping to shift drug costs to a new program funded by provincial and federal governments. However, this may not be the solution it seems. A single-payer universal pharmacare system might limit medication access for individuals with employer-sponsored benefits […]

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]]> Hunting for discounts and deals? Don’t forget to check perks through your workplace https://www.benefitscanada.com/benefits/health-benefits/hunting-for-discounts-and-deals-dont-forget-to-check-perks-through-your-workplace/ Tue, 25 Jun 2024 19:00:38 +0000 https://www.benefitscanada.com/?p=157422 Everyone loves a deal, but many Canadians either forget or don’t realize they can find discounts through their workplace. “There really are a lot [of perks] that employees just don’t seem to know about,” says Debby Carreau, chief executive officer and founder of Inspired HR, a human resources consultancy with offices across Canada. “Those things […]

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]]> 34% of U.S. employers covering GLP-1s for both diabetes, weight loss: survey https://www.benefitscanada.com/benefits/health-benefits/34-of-u-s-employers-covering-glp-1s-for-both-diabetes-weight-loss-survey/ Mon, 24 Jun 2024 13:00:37 +0000 https://www.benefitscanada.com/?p=157313 Roughly a third (34 per cent) of employers in the U.S. are providing coverage for glucagon-like peptide-1 medications for both diabetes care and weight-loss management in 2024, up from 26 per cent in 2023, according to a new survey by the International Foundation of Employee Benefit Plans. However, the survey, which polled more than 270 U.S. employers, found more […]

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]]> Top 5 HR, benefits, pension and investment stories of the week https://www.benefitscanada.com/news/bencan/top-5-hr-benefits-pension-and-investment-stories-of-the-week-87/ Fri, 21 Jun 2024 13:00:45 +0000 https://www.benefitscanada.com/?p=157294 A story discussing the factors leading employees to delay taking time off and instead engage in ‘quiet vacationing’ was the most-read story this week on BenefitsCanada.com. Here are the top five human resources, benefits, pension and investment stories of the past week: 1. Employees hesitant to take time off turning to ‘quiet vacationing’: expert 2. 42% of […]

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]]> Top 5 HR, benefits, pension and investment stories of the week https://www.benefitscanada.com/news/bencan/top-5-hr-benefits-pension-and-investment-stories-of-the-week-86/ Fri, 14 Jun 2024 13:00:22 +0000 https://www.benefitscanada.com/?p=156970 An article detailing a stark increase in the use of obesity medications among Canadian employer-sponsored benefits plan members was the most-read article on BenefitsCanada.com this week. Here are the top five human resources, benefits, pension and investment stories of the past week: 1. Claims for obesity drugs increased 42% in 2023, 92% since 2020: report 2. How […]

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]]> Claims for obesity drugs increased 42% in 2023, 92% since 2020: report https://www.benefitscanada.com/benefits/health-benefits/claims-for-anti-obesity-drugs-increased-42-in-2023-92-since-2020-report/ Fri, 07 Jun 2024 13:00:23 +0000 https://www.benefitscanada.com/?p=156565 The use of obesity medications among Canadian employer-sponsored benefits plan members has grown substantially, with claims increasing 42 per cent in 2023 and roughly 92 per cent since 2020, according to a new report by Manulife Financial Corp. The report, based on aggregate claims data, found more women are using obesity drugs than men (79 […]

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]]> CAA Club Group’s Workplace Benefits Award win demonstrating commitment to employee well-being https://www.benefitscanada.com/benefits/health-benefits/caa-club-groups-workplace-benefits-award-win-demonstrating-commitment-to-employee-well-being/ Mon, 03 Jun 2024 13:00:55 +0000 https://www.benefitscanada.com/?p=156280 CAA Club Group’s award-winning health and wellness strategy is showing employees, as well as potential candidates, that the organization is focused on supporting the holistic well-being needs of its workforce. Last year, the organization’s extensive employee well-being program led it to win Benefits Canada’s 2023 Workplace Benefits Awards in the Health/wellness program category for employers […]

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