Data – Benefits Canada.com

Award finalists discuss mental health, enhanced communications amid pandemic

bwolfe — Mon, 01 Nov 2021 13:00:09 +0000

More than 19 months into the coronavirus pandemic, employers are focusing on enhanced mental-health offerings and streamlined communications for their benefits and pension plans. During a virtual roundtable on Oct. 14, the 2021 Workplace Benefits Awards finalists discussed the changes brought about by the pandemic and how they’ve adapted their benefits and pensions offerings, while looking […]

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2021 BPS coverage: Integrating benefits and pension plans a win-win for employers, employees

bwolfe — Thu, 03 Jun 2021 13:00:46 +0000

By integrating their benefits and pension plans, employers can fulfill their plan objectives while creating a better experience for plan members, said Christine van Staden, regional vice-president of group customer and national accounts at Canada Life Assurance Co., during Benefits Canada’s 2021 Benefits & Pension Summit. “This is a trend we’re seeing more of in […]

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Plan sponsors may benefit from using electronic drug prior authorization

mschmit — Fri, 15 Jan 2021 05:01:28 +0000

While prior authorization can be a great tool for plan sponsors, it comes with its own set of challenges, said Tara Liu, director of drug strategy at Canada Life, during Benefits Canada’s Face to Face Drug Plan Management Forum on Dec. 9, 2020. The pharmaceutical pipeline is focused on high-cost specialty drugs, which are being used in […]

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Risk-factor management, glucose monitoring both key to controlling diabetes

mschmit — Fri, 15 Jan 2021 05:01:11 +0000

From a plan-manager perspective, eight per cent of plan members are living with diabetes, said Dr. Bruce Perkins, professor in the division of endocrinology and metabolism at the University of Toronto, during Benefits Canada’s Face to Face Drug Plan Management Forum on Dec. 9, 2020. He said risk-factor management is necessary when it comes to […]

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Sleep Country Canada is connecting with employees via a new app

mschmit — Fri, 20 Nov 2020 04:58:39 +0000

Like many national retailers, Sleep Country Canada Holdings Inc. has a diverse group of employees across the country, working in more than 250 stores, as well as warehouses and distribution facilities, delivery services and a head office. “The whole point of this was to create a way for us to communicate with our [employees] across […]

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Magna’s data-driven wellness strategy proving focus on analytics reduces costs

mschmit — Mon, 09 Nov 2020 06:00:49 +0000

Magna International Inc. is using data to personalize its wellness program, increase employee engagement and reduce costs. In 2012, the Canadian automobile parts manufacturer established its own internal health and wellness team. At first, the program focused solely on disseminating basic educational materials, such as quarterly newsletters, posters and handouts, said Dr. Krista Markew, manager […]

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UTAM looks under the hood at investment managers’ ESG approaches

mschmit — Fri, 18 Sep 2020 04:53:14 +0000

Environmental, social and governance issues are key for many Canadian pension plans, but taking meaningful action is easier said than done, especially at small and mid-sized organizations. With a team of about 30 people, the University of Toronto Asset Management Corp. managed more than $11 billion of the university’s endowment, pension plan and short-term working […]

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Sprout acquiring Calgary-based predictive health-data analytics provider

mschmit — Fri, 14 Aug 2020 05:00:25 +0000

Toronto-based digital well-being solutions provider Sprout is acquiring Calgary-based predictive health-data analytics company Vivametrica Ltd. Vivametrica analyzes, measures and predicts health risks, potential outcomes and longevity with data from wearable technology and other personal sensors. Sprout previously partnered with Vivametrica on its health risk assessment solution. Read: Taking big data to next level key to […]

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Just 22% of health benefits plan sponsors regularly receive claims data: Sanofi survey

mschmit — Tue, 07 Jul 2020 05:00:41 +0000

Two-thirds (65 per cent) of plans sponsors said they have a specific objective for their health benefits plan for the upcoming year, compared to 56 per cent that said the same in 2018, according to the 2020 Sanofi Canada health-care survey. Overall, 21 per cent said they strongly agree they have a specific objective, increasing to […]

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Role of data integration in disability management post-pandemic

mschmit — Tue, 23 Jun 2020 04:30:42 +0000

The long-term economic impacts of the COVID-19 s pandemic is anybody’s best guess, as are its long-term health impacts. Emerging evidence shows that, even after recovering from infection, longer-term symptoms such as exhaustion headaches and muscle aches in some patients can last for weeks. In more severe cases, resulting in hospitalization, longer-term consequences can include lung scarring, […]

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