preventative care – Benefits Canada.com https://www.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Fri, 22 Nov 2024 22:16:07 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 Canadian health benefits cost trend increasing to 7.4% in 2025: report https://www.benefitscanada.com/benefits/health-benefits/canadian-health-benefits-cost-trend-increasing-to-7-4-in-2025-report/ Wed, 20 Nov 2024 14:00:15 +0000 https://www.benefitscanada.com/?p=163055 In Canada, the average health benefits cost trend for 2025 is estimated to be 7.4 per cent, up from five per cent in 2024, according to a new report by Aon. It found the top medical conditions driving health benefits plan costs are diabetes, autoimmune diseases (excluding diabetes), mental health, lung disorders/respiratory and cardiovascular and […]

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Plan sponsors encouraged to use benefits for preventative health care: 2024 BCHS report launch https://www.benefitscanada.com/benefits/health-benefits/plan-sponsors-encouraged-to-use-benefits-for-preventative-health-care-2024-bchs-report-launch/ Tue, 24 Sep 2024 13:00:54 +0000 https://www.benefitscanada.com/?p=160402 Canadian benefits plan sponsors are increasingly seeking to balance providing competitive benefits against plan sustainability issues, said expert panellists during the launch event for the 2024 Benefits Canada Healthcare Survey last week. Andrea Belvedere (pictured right), assistant vice-president of health benefits and solutions at Sun Life, said plan sponsors are starting to ask more questions […]

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How the WSIB is supporting employee well-being with enhanced, unlimited mental-health coverage https://www.benefitscanada.com/archives_/benefits-canada-archive/how-the-wsib-is-supporting-employee-well-being-with-enhanced-unlimited-mental-health-coverage/ Fri, 12 Apr 2024 12:58:11 +0000 https://www.benefitscanada.com/?p=154146 While the coronavirus pandemic may be in the rearview mirror for most employers, the Ontario-based Workplace Safety and Insurance Board knows all too well that the shadow pandemic that emerged from the health crisis is still impacting employees in the workplace. At a time when some employers are considering cutting back on mental-health benefits, the […]

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2024 Group Benefits Providers Report: Leveraging AI to streamline benefits https://www.benefitscanada.com/archives_/benefits-canada-archive/2024-group-benefits-providers-report-leveraging-ai-to-streamline-benefits/ Fri, 12 Apr 2024 12:57:54 +0000 https://www.benefitscanada.com/?p=154136 While there are multiple opportunities for the use of artificial intelligence in the employee benefits space — including making the claims process more efficient and personalizing the plan member experience — one of the biggest advantages of the technology is the ability to streamline administrative tasks, allowing employees to focus on more value-added work in […]

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58% of global insurers anticipating health benefits cost increases over next 3 years: survey https://www.benefitscanada.com/benefits/health-benefits/58-of-global-insurers-anticipating-health-benefits-cost-increases-over-next-3-years-survey/ Wed, 06 Dec 2023 14:00:08 +0000 https://www.benefitscanada.com/?p=148315 More than half (58 per cent) of global insurers say they anticipate higher health benefits costs over the next three years, with the average global cost trend projected to increase by 9.9 per cent in 2024, according to a new survey by WTW. The survey, which polled more than 260 insurers representing 66 countries, found […]

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U.S. employer-sponsored health benefits costs expected to rise 7% in 2024: survey https://www.benefitscanada.com/benefits/health-benefits/u-s-employer-sponsored-health-benefits-costs-expected-to-rise-7-in-2024-survey/ Mon, 21 Aug 2023 19:00:21 +0000 https://www.benefitscanada.com/?p=142401 The costs of U.S. employer-sponsored medical benefits are expected to rise seven per cent in 2024, according to a new survey by the International Foundation of Employee Benefit Plans. The survey found 79 per cent of U.S. employers’ benefits plans are self-funded (with or without stop-loss coverage), while 21 per cent are fully insured. The […]

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Survey finds Canadian employers investing in innovative wellness benefits to drive attraction, retention efforts https://www.benefitscanada.com/benefits/health-wellness/canadian-employers-investing-in-innovative-wellness-benefits-to-drive-attraction-retention-efforts-survey/ Thu, 13 Jul 2023 13:00:20 +0000 https://www.benefitscanada.com/?p=140987 Canadian employers are investing in innovative financial, physical and mental-health benefits to drive their attraction and retention efforts, according to a new survey by Mercer. The survey, which polled more than 300 employers, found 59 per cent said they’ve invested in employee discount programs, followed by budgeting and other financial wellness education and supports (51 […]

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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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How remote, hybrid working arrangements are affecting musculoskeletal issues https://www.benefitscanada.com/archives_/benefits-canada-archive/how-remote-hybrid-working-arrangements-are-affecting-musculoskeletal-issues/ Fri, 17 Mar 2023 12:54:05 +0000 https://www.benefitscanada.com/?p=135275 During the coronavirus pandemic, most people were forced to work remotely and create makeshift offices in spaces that weren’t designed for that purpose. The result is a serious impact on musculoskeletal issues. Dr. Ayla Azad, interim chief executive officer of the Canadian Chiropractic Association, says remote and hybrid work are having a major effect on […]

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