Random Musings

Long Term Disability – Incidence Gap – What is it?

2020-09-24T16:31:04+00:00

Disability incidence rates have increased continually over the past 5 years. This incidence trend, which is the rate at which new claims are changing compared to the past, is industry wide and affects everyone. Based on published reports from industry leaders, Manulife and Sun Life, current Long-Term Disability (LTD) pricing, is not reflective of this [...]

Long Term Disability – Incidence Gap – What is it?2020-09-24T16:31:04+00:00

How OPG is leveraging virtual care to improve health access

2020-05-17T13:07:08+00:00

Cassandra Williamson-Hopp | May 15, 2020 -  Benefits Canada Quotes from Chris Pryce - Human Capital Benefits In the midst of the coronavirus crisis, virtual health care is taking center stage. But Ontario Power Generation was ahead of the curve, introducing a pilot project in 2019 to help employees with high mental-health incidences and absenteeism [...]

How OPG is leveraging virtual care to improve health access2020-05-17T13:07:08+00:00

Why Waiving Dental Co-payments is a “No, No”

2020-02-02T15:50:19+00:00

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 [...]

Why Waiving Dental Co-payments is a “No, No”2020-02-02T15:50:19+00:00

Partnering for drug plan sustainability

2019-10-17T19:58:14+00:00

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 [...]

Partnering for drug plan sustainability2019-10-17T19:58:14+00:00

Why the drug pricing changes in Canada is a bold step forward

2019-09-11T17:06:16+00:00

Canadians currently pay some of the highest drug prices in the world. We pay close to 25% more than the median price than people in other developed countries for the exact same drugs; only United States and Switzerland pay more. Thus, the Canadian Government decided that something had to be done to contain costs. In [...]

Why the drug pricing changes in Canada is a bold step forward2019-09-11T17:06:16+00:00