Posts

Canadians Still Reluctant to Admit to Mental Illness at Work

Source: Benefits Canada| Author: Staff | September 24, 2019 From the article: The majority of Canadians said they’d either be reluctant to admit (48 per cent) or wouldn’t admit (27 per cent) to a boss or co-worker that they’re suffering from a mental illness, according to a new survey by RBC Insurance. Read the full […]

Impact of Migraine in the Workplace

Source: Benefits Canada | Author: Novartis From the article: Impact of Migraine The overall results from the survey demonstrate that migraine has a substantial impact on quality of life and productivity — about 80% of employees with migraine reported that migraine impacts their overall performance, productivity, concentration and ability to complete tasks at home and […]

Canadians continue to worry about outliving retirement savings

Source: Benefits Canada | Author: Staff | January 23, 2018 From the article: More than 60 per cent of Canadians are concerned they’ll outlive their retirement savings and 45 per cent don’t feel confident they’ll be able to afford the post-work lifestyle they want, according to a new survey by RBC Insurance Services Inc. Read […]

Health, wellness offerings on the decline: survey

Almost 60 per cent of Canadian human resources managers say the health and wellness offerings at their organizations have declined over the last five years, according to a new survey by staffing firm OfficeTeam.

The survey, which polled more than 300 human resources managers and more than 1,000 Canadian workers over the age of 18, also asked respondents about the most innovative health and wellness programs they had heard other companies offered to employees.

Options for getting the best value from drug plan spending

Employers should review their drug plans annually to make sure they’re getting value for money, according to a speaker at the recent Face to Face Drug Plan Management forum.

“It’s good drug plan management hygiene,” said Kim MacFarlane, assistant vice-president of group benefit product at Manulife Financial Corp.

Even if the unwieldy nature of drug plans makes quick design changes difficult, she told the audience at the Dec. 14 event that plan sponsors can put themselves in a better position by identifying problem areas.

From biosimilars to PLAs: Panel addresses hot topics in drug plan management

From biosimilars to product listing agreements, a panel of experts tackled some of the hottest topics in drug plan management at the Face to Face Drug Plan Management forum on Dec. 14.

The great pharmacare debate: An ‘overly simplistic’ solution or needed system rationalization?

“It sounds like a lovely solution,” Julia Brown, vice-president of government affairs and market access at Janssen Inc…. But it is “overly simplistic in its approach to what is a very complex health-care, drug reimbursement and patient environment,” she added.

But on the same panel, public policy professor Marc-André Gagnon countered that a consistent national formulary was a crucial component of a new system for pricing drugs.

Seven benefits trends to watch in 2018

Faced with the challenge of balancing employee needs and wants with changing workplaces and escalating plan costs, employers should prepare for a number of issues in the near future.

Here are seven trends to watch in the coming year and beyond:

Four pension and retirement trends to watch in 2018

As 2017 draws to a close, we turn our attention to the new year. As usual, there’s a lot happening in the Canadian pension environment. Below are four pension trends to watch for in 2018.

Focus on preventative measures in fight against chronic disease

Source: Benefits Canada | Author: Moira Potter | October 16, 2017 From the article: To combat the rise in chronic disease rates and the subsequent impact on the health-care system and benefits costs, there’s been a shift in thinking by employers, health professionals and benefits providers towards prevention rather than just treatment. Read full article […]