FROM THE TEAM
Season’s Greetings from Cubic Health!
With the Holiday Season upon us once again, we are busy wrapping up another successful year at Cubic Health that has provided us with the opportunity to further our relationship with existing clients and to begin working with other key stakeholders in the Canadian health benefits industry. We look forward to continuing our relationships with each of you in the New Year.
I would like to take this opportunity to remind you that we have moved and are settled into our new location at the following address:
Cubic Health Inc.
11 Charlotte Street
Suite 301,
Toronto, ON
M5V 2H5
The existing telephone numbers will remain unchanged at (416) 203-1446 and toll free at 1-(877)-CUBIC-50, and our new fax number is (416) 203-6202. Furthermore, we are looking forward to kicking off 2008 with the launch of our updated website which has been redesigned for greater functionality and information about our unique products and services. We expect the new site to be live by mid-January.
To pass along any comments on Cubic Health Monthly, or to see back issues of our publication, please visit our website at http://www.cubichealth.ca
On behalf of the entire team here at Cubic Health, I would like to wish each of you and your loved ones all of the very best for the Holidays, and a very happy and prosperous 2008!
Best wishes,
Chris von Heymann
Senior Vice President, Consulting Services
| DRUG & DISEASE NEWS |
Cubic Health Study on Mental Illness in the Workplace
Released by the Roundtable
In early November, the Global Business and Economic Roundtable on Addiction and Mental Health (Roundtable) released a study completed by Cubic Health entitled, Assessing Mental Illness in the Workplace Using Drug Claims Data, Phase I: General Context and Co-Morbidities with Depression. The analysis probed over 2.5 million prescription drug claims made by 120,000 Canadian employees and their families in each of 2004 and 2005. In total, these claims represented $118 million worth of drug claims spanning the retail, manufacturing, services, public administration, construction and transportation sectors over the two years.
Click here to read more...
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Building the Business Case at the Face-to-Face Drug Forum
In late November, Cubic Health President, Mike Sullivan, delivered one of the keynote presentations at the annual Face-to-Face Drug Forum presented by Working Well magazine and Rogers Media Publishing. The focus of the talk was on building the business case for an investment in benefit design change as a means of ensuring both short- and long-term responsible cost containment, and plan optimization.
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NOC Watch:
Rasilez® (aliskiren)
Cymbalta® (duloxetine)
Click here to read more...
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November/December 2007
Issue No. 26 |
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QUICK FACTS
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13.8%: Percentage of employee claimants with at least one claim for an antidepressant medication in 2005
10.8: The average number of all drug claims/claimant/year for employees without depression, 2005
30.5: The average number of all drug claims/claimant/year for employees with depression, 2005, almost 3 times more than those without
$514.39: The average amount paid by employers for all drug claims/claimant/year for employees without depression, 2005
$1,311.03: The average amount paid by employers for all drug claims/claimant/year for employees with depression, 2005, more than 2.5 times more than those without
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