U.S. employer-sponsored health insurance and well-being programs are expected to yield an average return on investment of 47 per cent this year, according to a new report by Avalere Health, commissioned by the U.S. Chamber of Commerce. It found the key drivers of this ROI are improved employee productivity (US$275.6 billion), reductions in direct medical […]
Shopify Inc.’s 2021 Workplace Benefit Awards win is helping the company build on the most successful elements of its employee wellness programs, with an emphasis on trauma-focused care. “We’ve been able to dive a bit deeper into that and better understand the different employee groups across the organization and help them [address] their wellness needs,” says […]
LifeLabs Inc. is marking Mental Health Week by offering additional mental-health resources including telemedicine through its benefits program. “We’re hoping it will provide a lot of convenience for our employees, just to save time,” says Trin Pettingill, LifeLabs’ national director of total rewards, human resource operations and technology. “It’s something we’ve been looking at for […]
Does your organization’s benefits plan or financial wellness program deserve recognition? Are you leading the way when it comes to supporting your employees’ mental health? Is your company implementing award-worthy diversity, equity and inclusion initiatives? Benefits Canada’s annual Workplace Benefits Awards is officially open for nominations. Submit your entries here. As in previous years, the 2022 awards will […]
Dialogue Health Technologies Inc. is acquiring U.K.-based Tictrac Ltd., a provider of a global health and wellness platform, for up to $56 million. Tictrac supports employers and insurance partners, engaging their employees and customers to improve overall wellness and driving positive outcomes through meaningful insights, according to a press release. The transaction is expected to […]
As employers prepare to bring employees back to their physical workplaces in 2022, they’re planning to position mental health (91 per cent), physical health (60 per cent) and work-life balance (57 per cent) initiatives as integral components of the transition, according to a new survey by Fidelity Investments Inc. and Business Group on Health. The […]
Yale University and some of its employees have settled a class-action lawsuit over the university’s employee wellness program for US$1.29 million net of lawyers’ fees. The Healthy Expectations Program required its 5,000 unionized staff and their spouses to pay US$25 for every week they declined to participate in the program, for a total penalty of […]
Type 2 diabetes is a chronic, progressive disease characterized by the body’s resistance to the effect of insulin and, over time, the gradual loss of the pancreas’ ability to produce insulin, according to Dr. Donna Mojdami, a clinical research physician in diabetes at Eli Lilly Canada, speaking during a session at Benefits Canada‘s 2022 Chronic […]
Musculoskeletal issues have a far-reaching impact on the mental, physical and emotional wellness of benefits plan members and their families — however, they also come at a cost to plan sponsors. According to Sun Life Assurance. Co.’s 2020 disability claims, 20 per cent were related to musculoskeletal health conditions and 30 per cent of these affected […]
Nearly two years into the coronavirus pandemic, leading Canadian employers are demonstrating their unwavering commitment to supporting their employees’ mental health. In fact, Benefits Canada’s 2021 Workplace Benefits Awards’ mental-health category was so packed with standout entries that it was split into two categories based on company size. The four finalists and two winners have […]