Many thanks to Benefits Canada for publishing my latest article on what we saw in 2019 and earlier with respect to premium benefits cost trends. All too often, we are hearing from Insurers and those publishing their 'trend surveys' that high single digit costs escalations should be expected; given high cost drugs, etc. Then, not surprising [...]
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So far Chris Pryce has created 110 blog entries.
Although dental coverage today is different from true “insurance”, in that the plan sponsors pay for all the claims members use, plus an administration fee to the Insurer, dental coverage is viewed consistently as one of the most important and highly desirable aspects of an employee benefit plan. Recently, dentistry has been under scrutiny. Insurers [...]
PocketPills is an online service that delivers medications right to your door. What has widely been hailed as the ‘UberEats” of pharmacies, PocketPills’ free delivery of pharmaceuticals is an easy way to fill prescriptions and manage medications for consumers in Canada. The pharmaceutical distribution company based out of Surrey, B.C. has a primary goal of [...]
Human Capital Benefits participated in the AbbVie National Private Payer Advisory Board meetings in Toronto on October 22, 2019 at the InterContinental Hotel. The objective of the meeting was to gain feedback/recommendations from a handful of select advisors, pharmacist and Insurer drug practice leaders on both product and policy issues that AbbVie faces in order [...]
With the drug plan landscape continuing to shift and the idea of sustainability hanging in the balance, managing costs and value for the plan members is what is ultimately at risk. The 2019 Canadian Leadership Council on Drug Plan Partnerships recently hosted a roundtable discussion on the drug benefit and how it is an ongoing [...]