Benecaid Health Benefits Solutions Inc. is introducing a new online health benefits platform this month. The online app, Honeybee, allows employers to offer their health benefits package through a health-care spending account and allowance account. Under the platform’s defined contribution model, employers allocate funds for each account, allowing employees to choose their own benefits. Honeybee […]
Canadians over the age of 52 are the least likely to use digital technology to communicate with health-care professionals, according to a new survey by Telus Health. The survey found that while 58 per cent of those aged 52 and older agree digital tools would help them connect with their health-care provider, that age group […]
Smartphones, touch screens and voice-assisted technologies like Siri and Alexa are transforming our lives. As people rely more on machines to help manage their daily activities, the business environment has evolved rapidly to match the changing expectations. The pension industry is no different. While plan participants expect their retirement accounts to be secure and easily […]
Assets in registered pension plans were $1.7 trillion in 2015, a three per cent increase from 2014, according to new figures published by Statistics Canada. Larger pension plans with at least 30,000 members held more than half (55.2 per cent) of the assets. Of those larger plans, 32 account for half of all pension plan […]
Canadian digital benefits platform League has introduced a virtual care platform that delivers online health services to employees. The service allows employees who are members of League’s platform to chat with registered nurses through their mobile devices. Employees can also connect to doctors and specialists for consultations, diagnosis and treatment plans through a Canadian virtual care platform […]
In 2013, McKesson Canada Corp. launched a wellness program in an effort to reduce benefits costs and expenses resulting from decreased productivity and engagement and increased turnover and absenteeism. In launching the program, which included mental-health training for managers, health risk assessments and biometrics screening, the company aimed for a 3.8 per cent return on […]
Canadian digital benefits platform League is expanding into the United States, with plans to be in the largest 10 metropolitan areas by the summer of 2018. “We thought, from the beginning, we would be a better fit for the U.S. market,” says League founder Mike Serbinis, citing the need for prevention, health and wellness services given […]
A new technology platform has entered Canada’s benefits and human resources industry, adding to the multiple disruptors already active in the sector. On Wednesday, Rise People Inc. launched an online platform that allows employers to integrate and manage their human resource, benefits and payroll functions. “After observing how the limitations of standalone HR software solutions […]
Organizational redesign is everywhere, but human resources departments aren’t ready to handle it, a new study from Mercer has found. While 93 per cent of executives are planning structural overhauls, only a third (35 per cent) employ a service delivery model that includes the three components Mercer suggests are necessary for excellence: centres of expertise, […]
WINNIPEG — While traditional insurance companies and some of the disruptors coming on the scene would presumably be fierce competitors, there’s lots of room for them to work together, participants at the Canadian Pension and Benefits Institute’s national forum heard. “The insurance companies are late bloomers when it comes to the digital world,” said Lisa […]