Benefits plans tend to support employees dealing with either mild or severe mental-health symptoms, but an entire middle category of plan members lack a treatment option geared toward their moderate symptoms. As such, plan sponsors should think about matching services with severity when they’re considering which mental-health programs to incorporate into their benefits plans, said […]
When Kristy Dickinson’s health took a turn eight years ago and she was diagnosed with a rare and complex disease, she stepped away from her role in recruitment. Managing her chronic illness — from the appointments with her specialist, the information-gathering and sharing across three hospital jurisdictions and the medications and expenses — was too […]
A typical patient’s journey takes plan members from the doctor to the pharmacy for medication and then leaves them on their own. But employees’ lives aren’t static, with factors like age, mental and physical health, stress and activity level having the potential to impact how effectively those medications work, said Frederic Simard, co-founder and chief […]
Employers, employees and benefits advisors alike have long struggled with the inefficient and largely paper-based approach to administrating benefits. Advisors face long wait times for quotes, employers face the annoyance of a slow onboarding process that prevents employees from accessing their benefits immediately after enrolment and employees can have difficulty submitting claims and face confusion […]
Employers are increasingly facing a tight labour market and need to compete for top talent with a stronger benefits offering. Using technology to compare offerings across insurance companies and other providers can ensure employers have a cost-competitive plan that speaks to employees’ needs, said Matt Lister, co-founder and chief executive officer at CloudAdvisors, during Benefits […]
A majority (88 per cent) of human resources professionals believe mental-health resources can increase productivity, employee retention (86 per cent) and organizational return on investment (78 per cent), according to a new survey by the Society for Human Resource Management Foundation. It found while 90 per cent of respondents said mental-health resources can serve as […]
Half (50 per cent) of small- and medium-sized employers are having trouble coping with mental-health challenges after two years of the coronavirus pandemic, according to a new survey by the Canadian Federation of Independent Business and group insurance provider Nexim Canada. It found two-thirds (66 per cent) of employers are close to burning out, citing […]
Almost two-thirds (61 per cent) of U.S. employees aged 25 to 35 have changed jobs in the last two years or are planning to make a move by 2024, according to a new survey by Fidelity Investments Inc. The survey, which polled 1,500 employees, found while salary was the most important factor to employees who […]
While almost two-thirds (62 per cent) of British Columbians said they’re covered by either a group or personal health benefits plan, just 18 per cent said they’ve accessed mental-health benefits, according to a new survey by Pacific Blue Cross. The survey, which polled more than 1,000 adults in B.C., found that, among respondents with an […]
An article on how employers can support workers as a record number of Canadians prepare to retire was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. How employers can support workers as record number of Canadians near retirement 2. Best Buy adopting remote working-first approach […]