Disability – Benefits Canada.com

Back to basics on captive arrangements

lbailey — Fri, 19 Nov 2021 13:50:19 +0000

Five years ago, Rolls Royce Canada Ltd. realized its insurer and one of its European divisions’ insurers had separate reinsurance through a larger multinational company, so it worked out a deal to pool both divisions’ insured benefits. As a multinational company with more than 50,000 global employees, the automaker was an ideal candidate for a […]

The post Back to basics on captive arrangements appeared first on Benefits Canada.com.

Majority of HR leaders believe benefits, retirement offerings meeting needs of all: survey

mdunne — Fri, 29 Oct 2021 13:00:02 +0000

The majority of human resources professionals said they believe their organizations’ current benefits and retirement offerings are meeting the needs of a diverse workforce, according to a new survey by Aon. The survey, which polled 262 HR professionals across Canada, found almost three-quarters (74 per cent) said they believe their retirement savings program is sufficient for […]

The post Majority of HR leaders believe benefits, retirement offerings meeting needs of all: survey appeared first on Benefits Canada.com.

Liberals promising to protect employers mandating coronavirus vaccines

bwolfe — Thu, 09 Sep 2021 19:00:42 +0000

Amid the ongoing federal election campaign, the Liberal Party is promising to table legislation that would allow employers to request proof of a coronavirus vaccination without fear of a legal challenge. While few details were provided, the legislation would pertain to vaccination requirements for employees and customers, according to a press release. Read: Where do […]

The post Liberals promising to protect employers mandating coronavirus vaccines appeared first on Benefits Canada.com.

Employees with chronic health conditions facing challenges during pandemic: survey

bwolfe — Thu, 03 Jun 2021 19:00:29 +0000

Canadian employees with ongoing health challenges have faced unique challenges during the coronavirus pandemic, according to a new survey by RBC Insurance. Among employees with a chronic health condition, 63 per cent said the inability to visit a doctor or clinic during the pandemic negatively impacted their health, compared to 47 per cent of those without […]

The post Employees with chronic health conditions facing challenges during pandemic: survey appeared first on Benefits Canada.com.

Canada Life offering medication assistance to plan members on disability leave

bwolfe — Mon, 22 Mar 2021 05:00:24 +0000

Canada Life Assurance Co. is partnering with HumanisRx to provide medication reviews for plan members on disability leave. Through the MedCheckUp program, HumanisRx pharmacists provide one-on-one support to Canada Life plan members on disability to help them better achieve intended health outcomes, minimize side effects and return to work faster, according to a press release. Read: Canada Life […]

The post Canada Life offering medication assistance to plan members on disability leave appeared first on Benefits Canada.com.

Plan sponsors, pension plans taking lessons from 2020 to decade ahead

mschmit — Fri, 29 Jan 2021 05:00:11 +0000

Following an unprecedented 2020, Canada’s plan sponsors and pension plans are incorporating the lessons of the last year as they prepare for a new decade, according to a recent webinar hosted by Mercer Canada. The coming years will be marked by developments including increased geopolitical tensions and the lingering economic effects of the coronavirus pandemic, […]

The post Plan sponsors, pension plans taking lessons from 2020 to decade ahead appeared first on Benefits Canada.com.

Eligibility affecting caseloads in provincial disability benefits programs: report

mschmit — Thu, 28 Jan 2021 05:00:27 +0000

Data collected over the last decade suggests that differing eligibility requirements for provincial disability benefits programs affected caseloads in the provinces that offer them, according to a new report by the University of Calgary. It found that as incidences of disability were similar in Alberta, British Columbia, Ontario and Saskatchewan, variations in caseloads per 1,000 […]

The post Eligibility affecting caseloads in provincial disability benefits programs: report appeared first on Benefits Canada.com.

Pharmacoeconomic analyses a tool in private-payer decision-making process

mschmit — Fri, 15 Jan 2021 04:56:43 +0000

A recent Telus Health comparison of a drug’s cost effectiveness when calculated from the private versus the public-payer perspective demonstrated clearly that the private-payer perspective matters when assessing the value of a medication, explained Dr Nina Lathia, pharmacist, and health economist, at Benefits Canada’s Face to Face Drug Plan Management Forum on Dec. 9, 2020. […]

The post Pharmacoeconomic analyses a tool in private-payer decision-making process appeared first on Benefits Canada.com.

Specialty drug prior authorization a useful tool for plan sponsors

mschmit — Fri, 15 Jan 2021 04:54:35 +0000

Analysis by Telus Health found specialty drugs have grown from 11 per cent of total private drug plan claims costs in 2008 to 30 per cent in 2019 and require effective management to ensure sustainability of health benefits plans, said Suzanne Lepage, private health plan strategist, during a session at Benefits Canada’s Face to Face […]

The post Specialty drug prior authorization a useful tool for plan sponsors appeared first on Benefits Canada.com.

How three benefits plan members are receiving medical cannabis coverage

mschmit — Fri, 16 Oct 2020 04:55:33 +0000

While medical cannabis coverage is appearing in more benefits plans, most insurers that cover it still have very specific conditions. Sun Life Canada covers the most conditions, at seven, after adding two ailments to its roster in 2019. Marie-Chantal Côté, the insurer’s vice-president of market development for group benefits, says evidence is emerging that shows […]

The post How three benefits plan members are receiving medical cannabis coverage appeared first on Benefits Canada.com.