Canadian insurers paid out more than $97 billion in benefits from life and health insurance products in 2020, according to the Canadian Life and Health Insurance Association’s annual fact book. The period, which included the first nine months of the coronavirus pandemic, included $420 million paid out for psychology-related claims to support mental health, up 24 […]
While the withdrawal of provincially-insured eye services by Ontario optometrists is unlikely to have a direct impact on benefits plans, it could cause a “trickle-down effect,” according to Kim Siddall, vice-president of enterprise consulting for the west at People Corporation. “Given that under Ontario law, insurers can’t cover the cost of the eye exams which were […]
Uber Technologies Inc. is revealing more details of a labour model it’s pitching to Canadian provinces and territories, a model that’s drawn opposition from some worker groups. The Flexible Work+ model the San Francisco-based tech giant has pushed since March asks provinces and territories to force Uber and other app-based companies to create a self-directed […]
Ontario’s Superior Court of Justice has certified a class-action lawsuit against Uber Technologies Inc., which advances a fight to get some of the platform’s Canadian couriers and drivers recognized as employees. The class action was certified by Judge Justin Paul Perell in a decision released late Thursday afternoon and stems from a court filing made […]
It’s easy for employers to focus less on table-stakes benefits offerings like vision care when there’s the the coronavirus pandemic to contend with. But, experts argue, as Canada and the world enters the second year of this crisis now is the perfect time for employers to take a second look at their vision care benefits […]
The coronavirus pandemic led to a sharp decrease in people visiting health professionals and filing claims, resulting in an estimated savings of $4.8 billion for Canadian private insurers between March 15 and June 15, according to a new report by insurance comparison platform Hellosafe.ca. The report, which used historic data sourced from the Canadian Life and Health […]
Canadians received a record $103 billion in benefits from life and health insurers last year, up 60 per cent from a decade earlier, according to the Canadian Life and Health Insurance Association’s annual fact book. The benefits include $53.3 billion in pension annuity payments, $38.1 billion in health benefits for prescription drugs and supplementary health […]
For many Canadians, quality vision is an ability taken for granted until we experience impairment. Whether it’s a prescription change, eye strain from our increasingly screen-centric work environments or a disease that gradually damages sight, the ability to access vision care when it’s required considerably enables our ability to perform on a daily basis. Vision loss and vision […]
Most (79 per cent) plan sponsors said they have at least one major concern about their health benefits plan, with this increasing to 89 per cent for employers with 500 or more workers, according to the 2020 Sanofi Canada health-care survey. The top concerns include drug plan sustainability (42 per cent), dental plan sustainability (39 […]
Plan sponsors have seen significant decreases in their extended health and dental claims over the past three months, according to new data by Eckler Ltd. While the consultancy’s analysis of its large self-insured clients found plan sponsors saw an up to five per cent increase in extended health claims between February and March 2020, these […]