Impact on an Aging Workforce on Extended Health and Dental Benefits

Effective January 1^st 2008 amendments were introduced to the BC Human Rights Code to extend the protection against age discrimination to those aged 65 and over. The amended Code effectively eliminated mandatory retirement age in BC. Even though the legislation continues to allow age-based distinctions under bona fide group or employee insurance plans; employers want to extend their benefit programs to those employees 65 and over that want to stay in the workforce. This will have an impact on the overall cost of benefit plans since most of the benefits offered by employers have higher morbidity and mortality at older ages. The objective of this project is to estimate the cost of providing certain benefits to these employees.

Faculty Supervisor:

Dr. Gary Parker

Student:

Olga Strizhkova

Partner:

Pacific Blue Cross-BC Life

Discipline:

Statistics / Actuarial sciences

Sector:

Life sciences

University:

Simon Fraser University