The majority (91 per cent) of Canadian employers are planning to benchmark their benefits plan against market practices to remain competitive, with half (49 per cent) prioritizing this for next year and 42 per cent for the next three years, according to a new survey by MercerMarsh Benefits. The survey, which polled nearly 350 employers […]
Canadian employers are increasingly focusing on coverage for women’s health and gender affirmation in their employee benefits plans, according to a new survey by WTW. The survey, which polled more than 100 employers, found half (49 per cent) of organizations reported women’s health as a top or high priority. To that end, two-fifths (39 per […]
The U.S. Defense Department will no longer reimburse service members for travel out of state to get reproductive health care, including abortions and fertility treatments, according to a new memo. The directive eliminates a rarely used Biden administration policy enacted in October 2022, after the Supreme Court overturned Roe v. Wade and more states began […]
Women face unique health challenges throughout their lives — across most age groups, women experience higher rates of chronic diseases compared to men, said Neda Nasseri, pharmacist and product director of drug benefits at Desjardins Insurance, during a session supported by Pfizer Canada at Benefits Canada’s 2024 Face to Face Drug Plan Management Forum. Historically, […]
Advances in medical science and innovations in drug development necessitate updated drug plan strategies, according to Frédéric Leblanc (pictured far right), strategic leader of drug programs, group benefits and retirement solutions at iA Financial Group. During a panel discussion supported by EMD Serono Inc., GSK, iA Financial Group, Merck & Co. Inc., Novo Nordisk Canada Inc. […]
The pharmaceutical company’s director of benefits and recognition discusses the needs of a multigenerational workforce, the role of diversity, equity and inclusion in benefits plans and exploring the world one dish at a time. Q: What top challenges do you face in your role? A: By striving to understand the changing needs of our diverse, […]
The percentage of female benefits plan members using fertility drugs rose by roughly 12 per cent between 2019 and 2023, according to a new report by Manulife Financial Corp. The report, which analyzed the insurer’s 2024 aggregate claims data, found between 2021 and 2023, 15 per cent of new mothers made claims for mental-health treatments within […]
Admiral Insurance’s award-winning benefits program is demonstrating how employers can use versatility to strike a fine balance between finding innovative solutions and maintaining plan sustainability. The organization was the winner in the Drug/Benefits Plan Innovation category of the 2024 Workplace Benefits Awards. “We’re honoured to win this award and be nominated in three categories,” says Allison Jost […]
The union representing more than 5,200 Air Canada pilots has ratified a four-year collective agreement that includes multiple benefits gains, avoiding a possible strike. The agreement includes physiotherapy coverage of up to $5,000 a year per plan member and lifetime coverage for fertility drugs up to $10,000. Employees will also have a choice between $500 […]
PepsiCo Canada’s 2024 Workplace Benefits Awards win demonstrates how weaving diversity, equity and inclusion into strategic business practices can foster employee mental health and wellness. The food and beverage company’s inclusive end-to-end business transformation strategy made it this year’s winner in the DEI Program category. “It’s so fantastic that all of our hard work has been […]
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