The idea of an early retirement conjures up daydreams of lazy beach-filled vacations and relaxing golf games, but the reality can be vastly different, according to a recent Manulife survey. The company’s 2024 Financial resilience and longevity report reveals that more...
Benefits advisors see it all too often: team members receiving full benefits, including health and dental, for years when they are on disability or other leaves of absence because plan sponsors didn’t realize they needed a separate policy on the continuation of...
Positive workplace environments and employee assistance programs (EAPs) can make a world of difference to employees faced with mild mental-health challenges. But what if these supports are not enough? Can employers do more to help employees whose mental health...
Preferred provider networks (PPNs) in the pharmacy sector save plan sponsors and members money and assure high-quality patient care, say insurance companies—yet independent businesses beg to differ. These are among the views presented to the Ontario Ministry of...
Plan sponsors offering group savings plans can look forward to more clarity on their role as well as more practical tools from service providers in 2025, thanks to the updated Guideline for Capital Accumulation Plans (CAPs) released in September 2024. “It was good to...
Until recently, the Smart Health Benefits Coalition (SHBC) was preparing to double down on its advocacy work regarding the federal government’s draft Pharmacare Act, or Bill C-64. “We have been preparing to underline our position that the current wording of the Bill...
