chrispryce

About Chris Pryce

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So far Chris Pryce has created 120 blog entries.

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

What to expect after the Canada Emergency Response Benefit comes to an end

2020-09-08T15:52:57+00:00

Authors: Patrick Galizia Ione Deda Alves Canada |  Publication |  September 4, 2020 - 12 PM ET With the end of the Canada Emergency Response Benefit (CERB) fast approaching, the federal government announced on August 20 a number of major changes to the Employment Insurance (EI) program, including the creation of three new economic recovery benefits. In [...]

What to expect after the Canada Emergency Response Benefit comes to an end2020-09-08T15:52:57+00:00

Ontario Extends “Infectious Disease Leave” until January 2, 2021

2020-09-07T16:37:55+00:00

Today, the Ontario government issued a regulation extending the infectious disease leave available under the Ontario Employment Standards Act, 2000 (“ESA”) until January 2, 2021. What does this mean for employers? In summary, from March 1, 2020 to January 2, 2021: A non-unionized employee whose employer has temporarily reduced or eliminated their hours of work [...]

Ontario Extends “Infectious Disease Leave” until January 2, 20212020-09-07T16:37:55+00:00

Innovative Medicines Canada – Private Drug Plan Cost Drivers Report – Advisory Group

2020-09-27T02:21:40+00:00

Chris was invited to review and comment on the new IMC Cost Drivers Analysis of Private Drug Plans in Canada (2016-2019) with a handful of successful benefit consultants, in a series of virtual meetings.  The meeting was intended to get our input on the new data and to answer some focused questions on key findings [...]

Innovative Medicines Canada – Private Drug Plan Cost Drivers Report – Advisory Group2020-09-27T02:21:40+00:00

2020 YTD Annual Renewal Changes at +1.2%

2020-06-29T15:57:20+00:00

Recently, we looked at our client renewals from 2019, to question cost escalations based on Insurer trend factor surveys. These surveys suggested that benefit cost increases for health/dental were 8%-10% per annum. This number was the sticker price/MSRP, not the real rate of change. In 2019, we showed a +0.8% annual increase across all benefit [...]

2020 YTD Annual Renewal Changes at +1.2%2020-06-29T15:57:20+00:00
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