Research


Canadian Benchmarking Study Focused on Multi-Employer and Target Benefit Pension Plans

Published By: PBI Actuarial Consultants | 29/01/2021

What are other pension plans doing that might also benefit your plan and its members? How do your plan’s contribution and benefit rates compare to others? What has been the effect of the COVID-19 pandemic on MEPP/TBP plans? Could you improve your pension plan’s risk efficiency? Find the answers to these questions and more in the 2021 Apples & Oranges Study.

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Articles


Strategy Needed For High Cost Drugs

February 25, 2021

Drug plan managers have long struggled to address the management of high cost drugs which, on one hand, vastly improve claimants’ health outcomes and provide better quality of life, but, on the other hand, have an ever-expanding place in group health benefits’ budgets. In ‘Specialty Drug Strategy: How To Look Beyond The (High) Cost With A Five-Pillar Approach,’ Christine Than, a pharmacist and drug solution specialist at Aon, says while the use of specialty drugs, account for only for about one per cent of all drug claims, they represent approximately 35 per cent on average of total drug plan spend. When addressing specialty drug coverage, an employer’s drug cost containment strategy should be coherent with their total rewards strategy, she says.

 

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