The coronavirus pandemic has been disruptive for all and sadly, devastating and difficult for many. In the pandemic’s early days, we saw a great deal of change and upheaval very swiftly — both for organizations and our communities. The way in which we live our lives day to day changed very quickly. And for many Canadian employers, […]
Just half of Canadian employers said they’ve adopted a formal policy to clearly communicate their approach to disability benefits in the event of a conflict, according to a new survey by Aon. The survey, which was conducted before the coronavirus pandemic, asked Canadian employers about the disability benefits they’re offering to their employees and how […]
In the group benefits world, the first rumblings of the effects of the coronavirus pandemic came when plan sponsors started asking, as early as January, about their travel insurance provisions. “Clients were worried about their business travellers and expatriate employees, in China mostly, and afterwards for their employees travelling for their winter vacations,” said Daniel […]
Green Shield Canada is investing in Canadian pharmacogenetics company GenXys Health Care Systems. The two companies will be collaborating on new pharmacogenetic products, which are set to launch later this year, with a focus on driving more informed prescribing, fewer adverse drug reactions and better health outcomes for patients and plan members. “GSC has a […]
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 […]
Plan sponsors and insurers are increasingly wading into the waters of pharmacogenetic testing by offering the service to employees making long-term disability claims. In 2017, Sun Life partnered with the Centre for Addiction and Mental Health for a pilot project that offered pharmacogenetic testing to plan members on disability leave due to a mental-health condition. […]
Canadian employers are taking varied approaches to leave, compensation and benefits during the coronavirus pandemic, according to a new survey by Aon. The survey, conducted between April 1 and 3, found two in five employers said they’ve laid workers off temporarily. About a quarter (23 per cent) said they’ve encouraged workers to take annual leave, […]
Mental-health issues continue to be a driver of employee absence and disability year after year, so it’s important for employers to understand and cover a wider range of mental-health professionals on their benefits plans. Back in 2016, Scotiabank’s mental-health coverage was limited to psychologists. However, as different designations gained acceptance in the Canadian health-care space, […]
While physical well-being is vital during the coronavirus pandemic, the situation is raising multiple mental-health issues, including rising stress levels exacerbated by job uncertainty and social isolation. Looking at mental-health policies and tools, innovative practices and work-from-home protocols, Benefits Canada hosted a panel of experts in a webinar on March 31 to answer plan sponsor […]
The coronavirus pandemic is expected to impact employers’ short-term disability claims’ experience as workers fall ill and require time off work to recover from the virus, but plan sponsors may also have to prepare for an increase in long-term disability claims after the crisis eventually ends. The spike in claims could follow the same pattern as it did […]