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Benefits World – The GroupHEALTH Blog

Keep up on the latest news in health, wellness and benefits industry thought-leadership with the Benefits World Blog.

GroupHEALTH Holiday

GroupHEALTH 2014 Holiday Hours

It’s that time of the year again! Time to trim the tree, drink eggnog, and eat delicious meals and treats! So we can all enjoy this festive season, our office hours will be as follows for the holidays for Surrey and Barrie: Wednesday, December 24: Closed at 1:00 pm Thursday, December 25: Closed Friday, December 26: […]

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pills money

Drug Plans can save you Money!

A recent survey by Towers Watson discovered Canadian companies who use pay-direct cards, generic drugs, dispensing fee caps, and other drug plan components, can realize significantly lower healthcare costs. The survey found for plan administrators who have more than three cost-containment components in place, the average annual costs for the drug component of their plans […]

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Sleeping at desk

A Good Night’s Sleep keeps You and your Career Healthy

Choosing work over sleep is not only killing your health, it’s killing your productivity. According to a recent article in Forbes, drunken people can outperform people with sleep deprivation because the side effects from lack of sleep have such negative impact on your ability to think. The Forbes article refers to a new study done […]

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Drug Money

The Economics of Health Care

Do you ever wonder why there are no licensed treatments or vaccines for diseases like Ebola? According to a recent article by the Harvard Business Review, the answer is profit. There is not enough profit for pharmaceutical companies to invest time and money into finding a treatment for these types of diseases as the return […]

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MVT

Choosing GroupHEALTH helps MVT and Union finalize Collective Bargaining Agreement

Surrey, British Columbia – MVT Canadian Bus Inc.’s decision to choose GroupHEALTH Benefit Solutions to provide their group insurance was a critical component to help finalize a new collective bargaining agreement, GroupHEALTH CEO Matt Houghton announced today. The plan came into effect November 1, 2014. MVT and the union had been bargaining to finalize a […]

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Matt Hendrick - DMI

Matt Hendrick Promoted to Vice President of Disability Management Institute

PORT COQUITLAM, BRITISH COLUMBIA – Disability Management Institute (DMI) is proud to announce the promotion of Matt Hendrick to the position of Vice President, DMI. Hendrick was previously General Manager of DMI based in Barrie, Ontario and has relocated to the Port Coquitlam, B.C. head office of DMI where he will manage national operations. Hendrick […]

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avocado and coconut

High-Fat Diet Can Postpone Aging

A new study by the University of Copenhagen has discovered a high-fat diet can postpone aging processes, including the aging of the brain. The study was examining the effects of the diet on Cockayne syndrome, wherein patients prematurely age as children and die at about 10-12 years old, but the findings may also help benefit […]

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halloween safety

Stay Safe this Halloween!

Happy Halloween! Halloween is a night celebrated by people of all ages every October. Tonight, children across the country will be dressing-up in costumes, trick-or-treating, and eating a lot of candy! If you are too old to be trick-or-treating, you may be having fun at Halloween-themed parties this weekend instead. No matter what your plans […]

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Renewal

Containing Costs during Group Insurance Renewal

Group insurance gives your employees piece of mind. It differentiates you from your competitors and helps attract and retain great employees by protecting them and their families. It can also be expensive, as costs continue to rise year after year. The average annual cost per person of group insurance is $3000 and it’s doubling every […]

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Pharmacare

Pharmacare: The Answer to Canada’s Rising Drug Costs?

GroupHEALTH’s Managed Rx™  offers organizations a sustainable solution to help control the rising costs of prescription drugs so both the employer and employee can save money. It encourages plan members to buy generic drugs through a central dispensing pharmacy (CDP), which is a large centralized pharmacy that uses group purchasing power to buy drugs in […]

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