Mental-health benefits on the rise in Canadian workplaces: survey

Source: benefitscanada.com

Mental-health benefits offerings are on the rise, with the share of Canadian organizations that provide mental-health coverage nearly doubling over the past five years, according to a new survey by the International Foundation of Employee Benefit Plans.

The survey, released this week to coincide with World Mental Health Day, found more than three-quarters (79 per cent) of employers currently offer mental-health coverage for their employees, with 70 per cent reporting it as one of their most costly conditions to cover. About half (52 per cent) said it’s been their largest health-care cost increase over the past five years.

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