pharmacare – 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 Sounding Board: How employers can mitigate cost of drugs for rare diseases https://www.benefitscanada.com/benefits/health-benefits/sounding-board-how-employers-can-mitigate-cost-of-drugs-for-rare-diseases/ Mon, 08 Jul 2024 13:00:22 +0000 https://www.benefitscanada.com/?p=157855 The World Health Organization defines a rare disease as having a prevalence of 65 or less per 100,000 individuals. It recognizes some 5,500 rare diseases, the majority being of genetic origin and often life-threatening. Medical research has yielded significant drug development for the treatment of rare diseases, increasing life expectancy and improving quality of life. However, […]

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]]> Top 5 HR, benefits, pension and investment stories of the week https://www.benefitscanada.com/benefits/health-benefits/top-5-hr-benefits-pension-and-investment-stories-of-the-week-89/ Fri, 05 Jul 2024 13:00:08 +0000 https://www.benefitscanada.com/?p=157820 An article outlining the implications of a single-payer universal pharmacare system was the most-read story on BenefitsCanada.com this week. Here are the top five human resources, benefits, pension and investmnet stories of the past week: 1. Sounding Board: What plan sponsors should know about pharmacare 2. Meet the 2024 Workplace Benefits Awards judges 3. Mental-health claims by Canadians up […]

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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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]]> 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-85/ Fri, 07 Jun 2024 13:00:32 +0000 https://www.benefitscanada.com/?p=156623 An article on the federal government’s national pharmacare bill receiving approval in the House of Commons was the most-read story on BenefitsCanada.com this week. Here are the top five human resources, benefits, pension and investment stories of the past week: 1. Pharmacare bill passes in House of Commons, heads to Senate 2. 32% of Canadian SMEs facing […]

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]]> Pharmacare bill passes in House of Commons, heads to Senate https://www.benefitscanada.com/benefits/health-benefits/pharmacare-bill-passes-in-house-of-commons-heads-to-senate/ Tue, 04 Jun 2024 19:00:47 +0000 https://www.benefitscanada.com/?p=156527 The federal government’s pharmacare bill is headed to the Senate after passing third reading in the House of Commons. The bill was the result of careful and lengthy negotiations between the Liberals and the New Democratic Party as a key element of their political pact to prevent an early election. Read: Liberals table bill paving way […]

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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-84/ Fri, 31 May 2024 13:00:20 +0000 https://www.benefitscanada.com/?p=156306 An article on legal challenges filed against the federal government’s hybrid work mandate for public service employees was the most-read story on BenefitsCanada.com this week. Here are the top five human resources, benefits, pension and investment stories of the past week: 1. Unions representing federal public service workers file legal challenges against hybrid work mandate 2. Expert […]

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]]> A deep dive into health-care navigation guides https://www.benefitscanada.com/archives_/benefits-canada-archive/a-deep-dive-into-health-care-navigation-guides/ Fri, 10 May 2024 12:57:14 +0000 https://www.benefitscanada.com/?p=155221 With employees often struggling to find benefits offerings related to mental-health support or chronic conditions, demand for health-care system navigation services has increased significantly in the past few years. In May 2023, the Bank of Montreal launched a digital mental-health navigation guide, available to employees in both Canada and the U.S., that streamlines access to […]

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]]> Feds seeking to boost domestic investments by Canadian institutional investors: budget https://www.benefitscanada.com/news/cir-news-news/feds-seeking-to-boost-domestic-investments-by-canadian-institutional-investors-budget/ Wed, 17 Apr 2024 13:00:53 +0000 https://www.benefitscanada.com/?p=154356 In its 2024 budget on Tuesday, the federal government announced a new working group dedicated to encouraging increased domestic investments by Canadian institutional investors. Former Bank of Canada governor Stephen Poloz is being tasked to lead an organization that will identify priority investment opportunities in the country for the more than $3 trillion held by […]

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]]> Liberals table bill paving way for future pharmacare program a day before deadline https://www.benefitscanada.com/news/bencan/liberals-table-bill-paving-way-for-future-pharmacare-program-a-day-before-deadline/ Thu, 29 Feb 2024 20:00:25 +0000 https://www.benefitscanada.com/?p=152559 Health Minister Mark Holland tabled a long-awaited bill Thursday meant to pave the way for national pharmacare and preserve a deal that secures the New Democratic Party’s support for the government in the House of Commons. The bill includes a program to cover birth control as well as diabetes drugs and supplies for anyone with […]

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]]> Stakeholders forming coalition to minimize impact of pharmacare on employer-sponsored benefits plans https://www.benefitscanada.com/benefits/health-benefits/stakeholders-forming-coalition-to-minimize-impact-of-pharmacare-on-employer-sponsored-benefits-plans/ Tue, 27 Feb 2024 14:00:18 +0000 https://www.benefitscanada.com/?p=152380 Several stakeholders from the benefits sector are partnering to form the Smart Health Benefits Coalition, an advocacy group that aims to strengthen the health-care system and address longstanding gaps in care. The federal government will release the framework for its pharmacare program on March 1 and the coalition — comprised of representatives from Gallagher, Benefits Alliance, GroupHEALTH, Hub International Ltd., […]

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