Every quarter, Manulife publishes a newsletter geared for employee benefits plan administrators and advisors. This quarter’s publication included something which caught my attention. As of this fall, for groups that have drug cards (which is the majority), when a plan member goes to the pharmacy to get a prescription filled, Manulife’s system will check to…
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First off, my apologies. Even though the 2010 Group Benefits Providers update came out earlier this year, I didn’t think about entering a blog post about it until now. Here are a few items regarding the group benefits industry in 2010: – Sun Life is now the largest provider of group benefits in Canada, having…
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A few weeks back, I wrote about two of the insurance companies loading their Trend factor (to see the article, click here). Well, now the trend continues (sorry – I just couldn’t resist). Two more companies have announced that they are lowering their Trend factor as well. As a refresher, when an insurance company determines…
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