Ten years ago, a $1,000 dental cap might have made sense. Today, it barely gets your team through two cleanings and a filling. The cost of care has gone up—year after year—but most benefits plans haven’t kept pace. For startups trying to recruit top talent and build a modern workplace, that gap isn’t just a… Continue reading When Benefits Don’t Keep Up: How Startups Can Avoid The Pitfalls Of Coverage Erosion

The Benefits Canada 2024 top employee benefits providers figures have been released. Canada Life’s Rise: Fueled by a Major Federal Contract Canada Life’s significant growth in 2024 can be attributed mainly to winning the Public Service Health Care Plan contract, even though it ended up being the only bidder. This transition positioned Canada Life as… Continue reading Canada’s Top 20 Employee Benefits Providers – 2024

The other day, I was downtown for a meeting and glanced out the window—only to realize how many floors across the street were dark and empty. Entire sections of once-coveted office towers now look like ghost floors. And once you see it, you can’t unsee it. In the wake of the COVID-19 pandemic, hybrid work… Continue reading Vacant Spaces & Rising Costs: How Canada’s Office Shift Could Impact Insurance Premiums

A quiet revolution is underway in the workplace. Mental health leaves are no longer rare—they’re rapidly becoming a new norm. The question is, are employers ready? The Pressure to Stay Connected —and What It’s Costing Employee Well-Being According to a Headspace survey reported by Benefits Canada, 40% of employees have taken a mental health leave,… Continue reading Mental Health Leaves Are Surging. Is This the New Workplace Norm?

Startups don’t win on perks. They win on people. Free snacks and a cool office won’t keep employees around, especially in today’s economy. What does? Benefits that actually matter—healthcare, financial wellness, and the kind of support that makes employees want to stay. The Shift from Job-Hopping to Stability Just a few years ago, the job… Continue reading Beyond Perks: How Startup Leaders Build Resilient Teams With Meaningful Benefits

The 2024 Benefits Canada Healthcare Survey is an annual survey that sheds light into critical trends shaping the future of employee health benefits and wellness programs. As the workforce continues to evolve, employers and plan sponsors must adapt to rising employee expectations, financial pressures, and the growing demand for comprehensive, accessible benefits.  This year’s findings… Continue reading The State Of Employee Health Benefits: Key Findings From The 2024 Benefits Canada Survey

Five years ago, the pandemic forced us to rethink how we live and work. Now, halfway through the decade, organizations are preparing for yet another wave of change in the employee benefits landscape, shaped by rising economic pressures and the demands of a dynamic workforce. From innovative family planning support to holistic wellness programs, employers… Continue reading The Future Of Employee Benefits: 6 Trends That Will Define 2025

Protecting employees while managing a tight burn rate is no small feat for startups. It can be a delicate balancing act on what items to include in a benefit package to attract talented workers without overspending on items that won’t move the needle. While many tech companies comprise a younger workforce, nobody is invincible, and… Continue reading From Stress to Security: Why Critical Illness Insurance is a Smart Safety Net

Employee benefit plans in Canada and the U.S. differ significantly due to each country’s varying government policies, healthcare systems, and labour laws. While both countries offer a range of benefits, the structure and scope vary significantly, particularly in areas like healthcare coverage, disability benefits, paid time off, and retirement plans. Canadian employees benefit from a… Continue reading Battle Of Benefits: Canada vs. U.S – Which Country Offers Better Employee Benefits?

With insurers increasingly adopting preferred pharmacy networks to cut costs, some plan members are pushing back, finding it inconvenient and challenging to switch pharmacy providers, not to mention the lack of variety.  That’s not without the Ontario Financial Services Regulatory Authority (FSRA) stepping up to ensure fairness in this evolving space by widening its oversight… Continue reading Cost Control vs. Patient Choice: A Delicate Balance When Navigating Preferred Pharmacy Networks