MONTREAL, March 21, 2013 /CNW Telbec/ - The Standard Life Assurance
Company of Canada ("Standard Life") today announced that it has
expanded the range of its health and wellness consulting services and
tools to support employers who wish to implement or enhance their
health and wellness programs.
Research shows that health and wellness programs increase productivity
and companies that implement an effective health and wellness program
achieve a turnover rate that is 40% below that of their competitors.1
"Employees' health has a direct impact on a company's bottom line.
That's why it's important for employers to offer more than just group
insurance plans. Preventive measures are key to helping employees adopt
and maintain a healthy lifestyle. They also have a positive influence
on the workplace environment and a company's overall results," said
Christine Potvin, Vice-President, Group Insurance, Customer Experience.
"Companies both large and small are paying greater attention to the
health of their employees. With an aging workforce and an increase in
the scarcity of labour, this trend will become even more prevalent in
the future. What distinguishes Standard Life's comprehensive approach
is the way it integrates health and wellness with drug and absence
management programs. Our customers stand to gain in terms of
productivity and their ability to retain talent."
As part of its new consulting services, Standard Life offers expert
advice and support for the design, implementation and evaluation of
tailored health and wellness strategies and programs. It also assists
employers who wish to achieve the Healthy Enterprise Standard, a
certification that recognizes the achievements of Québec-based
companies of all sizes in developing sustainable, workplace health
Standard Life, in collaboration with Homewood Human Solutions™, now
A series of online health risk evaluation tools for employees
Screening tests, such as cholesterol and glycemia measurements,
performed by a nurse in the workplace
Personalized coaching on the telephone
Online interactive challenges
A self-directed weight management and wellness program.
These new tools complement the health benefits diagnostic analysis that
Standard Life has been offering to employers and which uses a company's
health claims history to provide an analysis of its situation, its
employees' health problems and their related costs.
They are also supported by the online Health and Wellness Centre that is accessible on Standard Life's public website and contains
practical information, tips and tools for adopting a healthy lifestyle.
Benefits to employees, employers and advisors
With Standard Life's health and wellness offering:
Employees can benefit from better health, increased energy and improved
satisfaction with regard to their employer.
Employers can help control health care and group insurance plan costs,
as well as absenteeism, in addition to increasing productivity and
improving their ability to attract and retain employees.
Advisors can offer a one-stop shop for their customers' needs in health
and wellness, absence and drug management, and employee and family
Note to editors
For more information, visit: Health and Wellness Centre
About Standard Life
Standard Life plc is a leading long-term savings and investment company
headquartered in Edinburgh, Scotland. Standard Life has around six
million customers worldwide and operates in the United Kingdom, Europe,
North America and Asia, and globally with Standard Life Investments
In Canada, Standard Life has been doing business for 180 years. It
operates under Standard Life Financial Inc., which wholly owns The
Standard Life Assurance Company of Canada and Standard Life Mutual
Funds Ltd. It is Standard Life plc's largest operation outside the UK
with about 2,000 employees. It provides long-term savings, investment
and insurance solutions to more than 1.4 million Canadians, including
group retirement and insurance plan members.
As of December 31, 2012, Standard Life plc had $353 billion in assets
under administration, including $45 billion in Canada through Standard
1 Source: Towers Watson, "Staying@Work 2009"
SOURCE: STANDARD LIFE
For further information:
514-499-7999, ext. 8150