inflation

2023 median benefit costs way up (7.1%) but in line with long-term inflation

Chris Pryce2023-09-05T15:08:02+00:00

Earlier this year, a timely article in Benefits Canada suggested that Aon plc had forecasted an increase in employer-sponsored medical benefits of 7.5% in 2023. At that same time plan sponsors had just been jolted by the release of a similar (8.5%) Ontario Dental Association fee guide increase for 2023. These were disconcerting figures, as health and [...]

2023 median benefit costs way up (7.1%) but in line with long-term inflationChris Pryce2023-09-05T15:08:02+00:00

Group Insurance Trends and Predictions for 2022

Chris Pryce2021-12-10T22:18:14+00:00

A regional Third Party Administrator, Benefits by Design authored a fairly decent Blog post recently. In the post they made some notable predictions for events that should impact the Canadian Benefits landscape for 2022. What do you think? Do you think there are some trends missing? The 10 predictions have been summarized below: Continued Impacts [...]

Group Insurance Trends and Predictions for 2022Chris Pryce2021-12-10T22:18:14+00:00