2015 Canada Sanofi Health Care Survey Statistics
For the last 18 years, the Sanofi Canada Health Care Survey has been the reference tool to assess Canadians’ perceptions of their own health benefits plans. It is an important benchmark to evaluate emerging health care issues that impact employee health and productivity and a valuable tool for benefit administrators making decisions about the health coverage their plan provides. The following newsletter features ten of the most important statistics from the most recent Sanofi survey.
1) 79% of Albertans would not move to a job that did not include a health benefits plan. (77% in all of Canada.)
What this means to you: Employee benefits have become an expectation from the majority of Canadian employees.
2) Plan sponsors estimate that 42% of their workforce falls into the baby boomer generation and that 22% will retire in the next five years.
What this means to you: The ability to attract employees (for example, by offering a comprehensive benefits package) will be valuable to back-fill positions left by retirees.
3) 19% of plan members expect to work beyond the traditional retirement age of 65.
What this means to you: Concerns of benefit coverage for the 65+ workforce may become more prominent. Phased retirement plans may also grow in popularity.
4) 45% of plan sponsors indicated that they offer a wellness program. Meanwhile, only 30% of plan members believe that a wellness program is included under their group benefits.
What this means to you: Communication strategies should be implemented to ensure employees are fully aware of their group benefit offerings.
5) Almost half of plan members stated that they have been diagnosed with a chronic disease such as diabetes, arthritis or depression. When high blood pressure and cholesterol are added to the mix this number climbs to 56%.
What this means to you: Employers should take a pro-active approach to assisting employees with chronic conditions. Breakthroughs in medication have helped significantly, but employers can also engage their employees to support both their physical and mental health.
6) Employees who are adherent to the medication they are prescribed had 17% fewer short term disability claims and 15% fewer long term claims than employees who are not taking their medication. (Adherence is especially low for those suffering from depression and high blood pressure.)
What this means to you: Employers should share information with their employees about the importance of taking their medication.
7) Plan members using paramedical services (such as massage therapy) submitted an average of 7.3 claims in the past year. This is the second highest rate of utilization after prescription medications.
What this means to you: High usage rates raise questions over the need for evidence based criteria for certain paramedical services.
8) 23% of surveyed plan members have flex plans and 77% have traditional plans. When asked which type of plan they would prefer 64% said flex plans while only 36% said traditional.
What this means to you: Different needs for different generations is a key driver of this statistic.
9) 26% of plan members do not know what will happen to their health benefit plans when they retire.
What this means to you: Plan members and sponsors need to develop a more direct dialogue about the viability of their benefits plan upon retirement.
10) 60% of plan sponsors say their benefit costs increased in the past three years, of whom 12% describe the increase as significant.
What this means to you: Benefits are becoming increasingly expensive. New and costly pharmaceuticals are one of the main factors, but this can also be attributed to the desire to offer a more comprehensive benefit plan to remain an attractive (competitive) employer.
To access the Full Report and Executive Summary please visit: http://www.sanofi.ca/2015survey