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Employee Benefits

Understanding Canadian Mental Health Benefits

  In Canada, mental health awareness and access to services are increasingly emphasized, with diverse resources available to support individuals of all backgrounds. Understanding how to access and utilize these benefits can make a significant difference, whether you’re managing ongoing mental health concerns, experiencing a new issue, or simply looking to bolster your well-being.   …

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Important Industry News, and Celebrating our Community!

Canada has been introducing significant changes to employee benefits in 2024, with new regulations aimed at expanding coverage, increasing employer responsibilities, and providing greater flexibility for employees. These reforms are designed to enhance the overall well-being of the workforce by focusing on preventive care and personalized health support. Benchmark Benefit promotes businesses to navigate these …

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Updates on Private Healthcare, and Our New Benefits Blog!

  As private equity firms increase their presence in healthcare, concerns about the quality and transparency of care have risen. In the U.S., this trend is under intense scrutiny due to potential risks to patient care and worker safety. While Canada has seen a more limited but growing involvement of private equity in healthcare facilities, …

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Group Benefits Plan for Franchise Operators

Franchise operators are individuals or entities that own and operate one or more franchise locations of a larger brand. In the franchise business model, the franchisor grants the franchise operator the right to use its trademark, business model, and operating systems in exchange for a fee or royalty payments. Franchise operators are responsible for managing …

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Canada’s Biosimilar Revolution Continues

Delving deeper into the promising landscape shaped by Ontario’s innovative biosimilar regulations. Discover how these policies are fostering enhanced accessibility for patients and driving positive transformations in the pharmaceutical industry.   There are a few similarities and a few differences between biosimilars and generic drugs. A generic drug is an exact copy of its reference …

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General Employee Benefits in 2024: A Comprehensive Guide for Canadian Organizations

In today’s competitive job market, attracting and retaining top talent is crucial for the success of any organization. One of the most effective ways to achieve this is by offering a comprehensive employee benefits package. General employee benefits play a very important part in hiring great employees, and not only enhances employee satisfaction, but also …

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Biosimilar Drugs In Canada

Biosimilars have been a trending topic for the last decade. For the last 15 years, they have been authorized to use in the European Union. Ontario joined the initiative to expand the use of biosimilar medications, following British Columbia, Alberta, New Brunswick, Quebec, Northwest Territories, Nova Scotia, and Saskatchewan. Biosimilar drugs have been available in …

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Celebrating Our Community Partners & Recapping a Wonderful UNIBA Event

It was an incredible experience to attend UNIBA Partners’ Worldwide Conference in Bangkok, Thailand. Our esteemed partners serve clients in close to 140 countries. As a UNIBA Partner, Benchmark has the opportunity to collaborate, share expertise and learn from each of our partners’ unique experiences. This helps us provide our clients with meaningful solutions tailored to both …

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Canadian Heathcare News And Information On Our Exclusive Economic Symposium

On May 5, the World Health Organization ended the COVID-19 public health emergency, and the insurance industry is now treating COVID-19 claims the same way it treats other claims. As of July 15, Canada Life will no longer use its Confirmation of Illness (COI) form for COVID-19-related short-term disability claims. Desjardins has waived the requirement …

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Diversity, Equity And Inclusion Initiatives For Your Workplace & Protecting Employees Against Fraud

Many organizations are looking to grow their diversity, equity, and inclusion (DE&I) efforts for the good of their employees and work environment. 92% of members of diverse groups in an organization value their benefits plan, and 60% of job candidates said they would decline a job at a company that did not value workplace diversity. Therefore, …

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