innovation – 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 How AI can help employers with reskilling, career development during uncertain times https://www.benefitscanada.com/news/bencan/how-ai-can-help-employers-with-reskilling-career-development-during-uncertain-times/ Wed, 03 Jul 2024 13:00:46 +0000 https://www.benefitscanada.com/?p=157676 Amid an uncertain job market and cost-of-living worries, employers can harness the benefits of artificial intelligence to help employees with reskilling and career development, says Candy Ho, professor at Kwantlen Polytechnic University and board chair at non-profit organization CERIC. “I think we’ve got a huge opportunity ahead of us with AI and, not jobs being […]

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]]> A look at what’s next for inclusive employee benefits https://www.benefitscanada.com/archives_/benefits-canada-archive/a-look-at-whats-next-for-inclusive-employee-benefits/ Fri, 21 Jun 2024 12:57:54 +0000 https://www.benefitscanada.com/?p=157084 When looking at the future of inclusive benefits, it’s important for employers to take a holistic approach and ensure their benefits plans offer something for everyone, says Christine Tatham, chief people officer at Redbrick. “Whether you’re a recent university graduate, a parent, single or married, we try to support people wherever they’re at. For us […]

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]]> Deadline extended for the 2024 Workplace Benefits Awards https://www.benefitscanada.com/benefits/health-benefits/deadline-extended-for-the-2024-workplace-benefits-awards/ Mon, 17 Jun 2024 13:00:23 +0000 https://www.benefitscanada.com/?p=157010 Benefits Canada is extending the deadline for entering the 2024 Workplace Benefits Awards to Friday, July 5 at 5 p.m. EST. The original industry awards program has been recognizing employers and plan sponsors for more than 20 years, highlighting their innovative approaches to supporting the mental, physical and financial well-being of their employees. Enter the 2024 Workplace Benefits Awards […]

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]]> PMPRB report shows increased plan costs, promising pharmaceutical innovation: expert https://www.benefitscanada.com/benefits/health-benefits/pmprb-report-shows-increased-plan-costs-promising-pharmaceutical-innovation-expert/ Wed, 20 Sep 2023 13:00:50 +0000 https://www.benefitscanada.com/?p=143674 A recent report by the Patented Medicine Prices Review Board shows increased growth for private drug plan costs but promising pharmaceutical innovation, says Joe Farago, executive director of private payers and investment at Innovative Medicines Canada. The report also found the number of new medicines launched in Canada was higher than the median for Organisation for […]

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]]> Sun Life to acquire Dialogue Health Technologies https://www.benefitscanada.com/benefits/health-benefits/sun-life-to-acquire-dialogue-health-technologies/ Wed, 26 Jul 2023 19:00:08 +0000 https://www.benefitscanada.com/?p=141449 Sun Life Financial Inc. has entered into a definitive agreement to acquire Dialogue Health Technologies Inc. for roughly $365 million. The insurer initially invested in the virtual-care platform in 2020 and subsequently expanded the relationship as a large shareholder and partner. Dialogue will maintain its head office in Montreal and will continue to operate as a […]

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]]> Gene, cell therapies raising questions of drug cost responsibilities: expert https://www.benefitscanada.com/benefits/health-benefits/gene-cell-therapies-raising-questions-of-drug-cost-responsibilities-expert/ Fri, 21 Jul 2023 13:00:30 +0000 https://www.benefitscanada.com/?p=141260 The growth of gene and cell therapies are raising significant questions among private payers about who bears the responsibility for the costs of these treatments, says Tim Clarke, president at TC Health Consulting Inc. “One issue is whether this is going to be paid for by public health or if it’s an employer health issue. […]

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]]> 2023 Group Benefits Providers Report: Prioritizing partnerships, personalization and prevention https://www.benefitscanada.com/archives_/benefits-canada-archive/2023-group-benefits-providers-report-prioritizing-partnerships-personalization-and-prevention/ Fri, 14 Apr 2023 12:56:19 +0000 https://www.benefitscanada.com/?p=136341 As technology advances and plan members’ needs become more diverse, the relationship between benefits plan sponsors and providers is adapting to fit these changes. Sarah Beech, chief executive officer of benefits and consulting at Arthur J. Gallagher & Co., believes the trend of employees wanting more from their employers is the starting point for this […]

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]]> Why the OTIP brought on a pharmacist as a consultant for its disability claims team https://www.benefitscanada.com/archives_/benefits-canada-archive/why-the-otip-brought-on-a-pharmacist-as-a-consultant-for-its-disability-claims-team/ Fri, 17 Mar 2023 12:58:22 +0000 https://www.benefitscanada.com/?p=135318 The Ontario Teachers Insurance Plan has added a lead pharmacy consultant to its group life and disability claims team to assist in managing both early intervention and ongoing disability claims. The role, which was introduced in June 2021, creates a collaborative relationship between the pharmacist and the disability management team, providing further support for plan […]

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]]> 2022 IIC coverage: Identifying emerging opportunities in ESG investing https://www.benefitscanada.com/canadian-investment-review/post-event-coverage/2022-iic-coverage-how-to-identify-emerging-opportunities-in-esg-investing/ Mon, 16 Jan 2023 12:54:28 +0000 https://www.benefitscanada.com/?p=131749 Environmental, social and governance investment strategies can improve a portfolio’s ability to generate alpha, according to Patrick Vizzone, managing director of global private equity at Franklin Templeton, speaking during a session at the Canadian Investment Review‘s 2022 Investment Innovation Conference. “Impact investing is sometimes regarded as being a drag on financial returns, but we believe […]

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]]> TD Bank Group awarded for innovative benefits plan communications https://www.benefitscanada.com/benefits/benefits-communication/td-bank-group-awarded-for-innovative-benefits-plan-communications/ Fri, 21 Oct 2022 13:00:46 +0000 https://www.benefitscanada.com/?p=128760 The TD Bank Group’s innovative and engaging benefits communication strategy led to its win in the Benefits plan communications category at the 2022 Workplace Benefits Awards on Oct. 18. “It’s humbling and overwhelming to win this award,” says Darryl Burton, associate vice-president of Canadian and international benefits and well-being at TD. “When we’re trying to plan communications […]

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