Beyond Band-Aid Solutions: Managing Organizations’ Health Benefit Costs

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Beyond Band-Aid Solutions: Managing Organizations’ Health Benefit Costs

People and Culture
Pages:7 pages12 min read

Author: Judith MacBride-King, Nicole Wassink

$130.00

Health benefit costs are a growing concern for Canadian employers. Beyond Band-Aid Solutions: Managing Organizations’ Health Benefit Costs looks at what factors are driving costs up and how some organizations are bringing about fundamental culture change in order to create healthy, dynamic workplaces.

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Health benefit costs are a growing concern for Canadian employers. Beyond Band-Aid Solutions: Managing Organizations’ Health Benefit Costs looks at what factors are driving costs up and how some organizations are bringing about fundamental culture change in order to create healthy, dynamic workplaces.

Document Highlights

Health benefit costs are a growing concern for Canadian employers. According to Conference Board data, the cost of providing health benefits rose from 3.2 per cent of payroll in 1990 to over 6 per cent in 2003. Thirty-eight per cent of unionized organizations who took part in the Board’s 2003 compensation planning survey ranked health benefit plans as one of the top three management issues. As costs rise, there is mounting pressure on companies to find solutions, and organizations are using innovative strategies to better manage their health benefit costs. Beyond Band-Aid Solutions: Managing Organizations’ Health Benefit Costs looks at what factors are driving costs up and how some organizations are bringing about fundamental culture change in order to create healthy, dynamic workplaces.

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