Life and Health Insurance Industry Applauds Development of Workplace Mental Health Standard

Bookmark and Share

TORONTO, June 16, 2011 – Canada’s life and health insurance industry congratulates the Mental Health Commission of Canada and the federal government on their announcement today of the development of a voluntary Canada-wide standard in support of psychological health and safety in the workplace.\

“The life and health insurance industry is committed to supporting the mental health of Canadian workers and we’re glad to see this important step being taken towards supporting mental wellbeing and changing misperceptions,” said Frank Swedlove, President of the Canadian Life and Health Insurance Association.

The life and health insurance industry is the principal provider in Canada of individual and group benefit products and services and plays a significant role in wellness, disease prevention and in supporting recovery. As a result, the industry adopted a set of principles that embrace standards and best practices that contribute to health and productivity in the workplace.

These five mental health insurance industry principles are: working to improve knowledge and awareness of the impact of mental health in the workplace; encouraging development and promotion of best practices and programs; supporting practices that facilitate prevention, early detection and intervention; promoting fair and effective disability management practices; and focusing on products and services that address the needs and issues related to mental health.

“We believe that the life and health insurance industry is an important player in addressing workplace mental health issues, and we look forward to participating in the public review process this fall,” noted Mr. Swedlove.

The Canadian life and health insurance industry provides a wide range of financial security products, including life insurance, annuities (including RRSPs, RRIFs and pensions) and supplementary health insurance, to about 26 million Canadians and their dependants. Established in 1894, the CLHIA is a voluntary association whose member companies account for 99 per cent of Canada’s life and health insurance business.

See the Federal Governmentr Press Release here

About CIHI

The Canadian Institute for Health Information (CIHI) collects and analyzes information on health and health care in Canada and makes it publicly available. Canada’s federal, provincial and territorial governments created CIHI as a not-for-profit, independent organization dedicated to forging a common approach to Canadian health information. CIHI’s goal: to provide timely, accurate and comparable information. CIHI’s data and reports inform health policies, support the effective delivery of health services and raise awareness among Canadians of the factors that contribute to good health.