While vaccine coverage varies across provincial drug plans, several million Canadians who are members of private drug plans don’t have coverage at all, according to Chris Bonnett (pictured left), founder and principal consultant of H3 Consulting, during a panel session supported by GSK, Merck & Co. Inc. and Pfizer Canada Inc. at Benefits Canada’s 2022 […]
Living with a rare chronic disease while also managing an employer-sponsored benefits plan provides Chris MacLeod with a unique perspective. During a session supported by Vertex Pharmaceuticals at Benefits Canada’s 2022 Face to Face Drug Plan Management Forum in Toronto in December, MacLeod, the founding partner at Cambridge LLP, said he was diagnosed with cystic fibrosis […]
The union representing 450 employees at Domtar Corp. in Dryden, Ont. has ratified three collective agreements that include benefits and pension gains. The agreements include several group benefits enhancements, including $100 for vision, a $200 increase for dental and orthodontics, a $10,000 increase in life insurance, $1,000 for eye surgery and improvements in short- and […]
An article on how employers can use ‘Blue Monday’ as an opportunity to discuss mental health was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. Employers can use ‘Blue Monday’ to reset workplace mental-health strategies 2. Microsoft’s U.S. employees receiving unlimited vacation days 3. Walmart enhancing […]
Employees who feel like they don’t belong at their workplace are 59 per cent more likely to consider quitting their job due to mental-health concerns, according to a new survey by LifeSpeak Inc. The survey, which polled 1,000 employees and 1,000 human resources professionals, found nearly two-thirds (61 per cent) of employees who reported a […]
Walmart Canada is enhancing its employee benefits plan with coverage for fertility treatments and gender affirmation. Nadia Cerisano, vice-president of total rewards and global mobility at Walmart, says the new benefits, which take effect Feb. 1, will help employees be their authentic selves in the workplace. Last fall, Walmart extended fertility benefits to its U.S. […]
Sales of U.S. workplace supplemental health insurance products totalled US$2.1 billion in the first nine months of 2022, rising 11 per cent year over year, according to a new survey by LIMRA. It also found workplace supplemental health insurers reported a combined total of $453 million in the third quarter of 2022, three per cent […]
The third Monday in January, also known as ‘Blue Monday,’ is considered to be the saddest day of the year, as people contend with frigid weather and higher-than-normal credit card bills from the holiday season. Employers can use this occasion to check in with employees and plan their mental-health strategies for the year, says Janet […]
An article on the potential impacts of Alberta withdrawing from the Canada Pension Plan was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. Employers raising concerns over Alberta leaving CPP, but expert says move could yield benefits for workers 2. Co-operators acquiring Smart Employee Benefits […]
The costs of employer-sponsored medical benefits in Canada are expected to rise 7.5 per cent in 2023, according to a new report by Aon. The report analyzed responses from more than 100 Aon offices that broker, administer or advise on employer-sponsored medical plans across the world. Consistent with last year, it found the medical conditions […]