spending – Benefits Canada.com

Cancer treatments represented a third of medicines in clinical trials in 2023: report

Sadie Janes — Fri, 15 Nov 2024 14:00:04 +0000

Cancer treatments represented 33 per cent of medicines in all phases of clinical trials in 2023, followed by treatments for infectious diseases (13 per cent) and central nervous system diseases (12 per cent), according to a new report by the Patented Medicine Prices Review Board. It found more than 12,000 new medicines were undergoing clinical […]

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32% of Canadian employees saving less during the summer: survey

Sadie Janes — Wed, 16 Oct 2024 13:00:42 +0000

While 55 per cent of Canadian workers say their ability to save money remained unchanged during the summer months, 32 per cent indicated they saved less than anticipated over that period, according to a new survey by ADP Canada Co. The survey, which polled more than 1,200 workers, found more than half (56 per cent) […]

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What plan sponsors should know ahead of rollout of new obesity drugs in Canada

Sadie Janes — Mon, 01 Apr 2024 13:00:03 +0000

A new generation of glucagon-like peptide-1 drugs approved for the treatment of obesity will soon be available in Canada, presenting an opportunity for plan sponsors to meet members’ health and wellness needs. It’s important for employers to consider meeting with their insurer now to find out how the rollout of these drugs will affect their […]

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U.S. pension spend generated US$1.3 trillion in economic output in 2020: report

Sadie Janes — Mon, 09 Jan 2023 14:00:35 +0000

Retiree spending of public and private sector pension benefits generated US$1.3 trillion in total economic output in the U.S. in 2020, supporting nearly 6.8 million jobs during the onset of the coronavirus pandemic, according to a new report by the National Institute on Retirement Security. It also found $612.6 billion in pension benefits were paid […]

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84% of stressed Canadian employees saving less than 5% of their pay: survey

Sadie Janes — Tue, 20 Sep 2022 13:00:19 +0000

The majority (84 per cent) of employees who say they’re feeling stressed are saving less than five per cent of their pay, according to a new survey by the National Payroll Institute and the Financial Wellness Lab of Canada. The survey, which polled more than 3,000 Canadian employees, also found workers are saving less than […]

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Bidenomics: More stimulus, tougher regulation and gridlock

mschmit — Thu, 12 Nov 2020 05:25:46 +0000

President-elect Joe Biden will inherit a vulnerable economic recovery under threat from a resurgent virus, likely with a divided Congress that will hinder his ability to address the challenges. Yet despite the obstacles, the former vice-president and senator will pursue a drastic shift in America’s economic policy. He has vowed to reverse much of the […]

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