Sun Life Financial

North American Financial 15 Split Corp. Monthly Dividend Declaration for Class A & Preferred Share

Retrieved on: 
Friday, February 16, 2024

TORONTO, Feb. 16, 2024 (GLOBE NEWSWIRE) -- North American Financial 15 Split Corp. (The "Company") declares its regular monthly distribution of $0.11335 for each Class A share ($1.3602 annualized) and $0.07917 for each Preferred share ($0.950 annually).

Key Points: 
  • TORONTO, Feb. 16, 2024 (GLOBE NEWSWIRE) -- North American Financial 15 Split Corp. (The "Company") declares its regular monthly distribution of $0.11335 for each Class A share ($1.3602 annualized) and $0.07917 for each Preferred share ($0.950 annually).
  • Distributions are payable March 8, 2024 to shareholders on record as at February 29, 2024.
  • Since inception Class A shareholders have received a total of $16.16 per share and Preferred shareholders have received a total of $10.90 per share inclusive of this distribution, for a combined total of $27.06.
  • The Company invests in a high quality portfolio consisting of 15 financial services companies made up of Canadian and U.S. issuers as follows: Bank of Montreal, The Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada, Toronto-Dominion Bank, National Bank of Canada, Manulife Financial Corporation, Sun Life Financial, Great-West Lifeco, CI Financial Corp, Bank of America, Citigroup Inc., Goldman Sachs Group, JP Morgan Chase & Co. and Wells Fargo & Co.

Sun Life: Tax credit legislation gives boost to paid leave and businesses should embrace that

Retrieved on: 
Thursday, February 15, 2024

Paid leave provides a pathway for people to keep their jobs without neglecting their health or that of a loved one, and as a result strengthens businesses and our economy."

Key Points: 
  • Paid leave provides a pathway for people to keep their jobs without neglecting their health or that of a loved one, and as a result strengthens businesses and our economy."
  • As a long-time advocate for paid leave at federal, state, and employer levels, Sun Life offers its employees one of the most generous paid leave programs in the country.
  • "The enhancements proposed in this legislation will encourage more employers to offer paid leave to lower-wage workers, who often face a difficult decision when the need to take leave arises," Fishbein continued.
  • "By making the tax credit permanent and broadening its accessibility to more employers, as well as rewarding companies who exceed statutory paid leave requirements, the legislation will meaningfully increase the number of Americans with paid leave coverage.

Sun Life U.S. now offers Family Leave Insurance to help more workers access paid leave benefits to care for loved ones

Retrieved on: 
Wednesday, February 14, 2024

WELLESLEY, Mass., Feb. 14, 2024 /PRNewswire/ -- Sun Life U.S. is offering Family Leave Insurance (FLI) in Alabama, Arkansas, Tennessee, and Texas, with more states on the way.

Key Points: 
  • WELLESLEY, Mass., Feb. 14, 2024 /PRNewswire/ -- Sun Life U.S. is offering Family Leave Insurance (FLI) in Alabama, Arkansas, Tennessee, and Texas, with more states on the way.
  • The fully insured offering broadens workers' access to paid leave, giving more employers the option to provide a valuable benefit to their employees more easily.
  • Sun Life has long been an advocate for paid leave, working with state programs to include a private option and supporting the recent legislative proposal from Senators Deb Fischer and Angus King to expand access to the employer paid leave tax credit.
  • Sun Life FLI aligns with the current tax credit and will align with changes in the future.

Sun Life partners with Somatus to provide comprehensive services for late-stage kidney disease and cardiovascular care

Retrieved on: 
Tuesday, February 6, 2024

Sun Life's solution, Kidney Care 360 and Heart Care 360, are aimed at two different patient populations, using one unique care management approach that will be an extension of Sun Life's Clinical 360 program.

Key Points: 
  • Sun Life's solution, Kidney Care 360 and Heart Care 360, are aimed at two different patient populations, using one unique care management approach that will be an extension of Sun Life's Clinical 360 program.
  • Clinical 360 combines data analytics and clinical expertise to improve patient care and outcomes while reducing costs.
  • Somatus focuses on whole-person care when it comes to both chronic kidney disease and congestive heart failure.
  • Somatus' innovative and comprehensive care model leverages AI-driven technology to address patient care needs related to medication management, care coordination, nutritional support, and transitions of care support that empower patients to take an active role in their health.

Sun Life and Virtual Me Partner to Expand Telehealth Services to Include Health Navigation

Retrieved on: 
Tuesday, January 30, 2024

Virtual Me announces a new partnership with Sun Life U.S. to expand access to telehealth services through Sun Life Health Navigator .

Key Points: 
  • Virtual Me announces a new partnership with Sun Life U.S. to expand access to telehealth services through Sun Life Health Navigator .
  • Health Navigator provides health advocacy and care navigation services to help people who have a serious medical condition, or those who need help navigating the complex health care system.
  • This product is for employers of any size with employees who are underinsured with high-deductible plans and those who are uninsured.
  • “Virtual Me is thrilled to partner with Sun Life, one of the largest providers of employee and government benefits that focuses on managing risk and the overall health and well-being of people,” says Joey Truscelli, CEO, Virtual Me.

Sun Life diabetes "Team Up" grant program relaunches as "Health Access" program, recognizing community organizations that broaden access to health services

Retrieved on: 
Friday, February 2, 2024

WELLESLEY, Mass., Feb. 2, 2024 /PRNewswire/ -- Sun Life U.S. is re-launching its grant program in 2024 as the Sun Life Health Access grant program, aligning with the company's commitment to broadening access to care for underserved communities.

Key Points: 
  • WELLESLEY, Mass., Feb. 2, 2024 /PRNewswire/ -- Sun Life U.S. is re-launching its grant program in 2024 as the Sun Life Health Access grant program, aligning with the company's commitment to broadening access to care for underserved communities.
  • Initially launched in 2016 as Team Up Against Diabetes, Sun Life's grant program focuses on community organizations addressing diabetes health complications, management, and prevention, as well as nutrition and fitness.
  • The Health Access grant program gives Sun Life the opportunity to engage directly with non-profit organizations that offer a variety of health services, from community farmers markets providing nutritious food, to clinics providing medical diabetes intervention or oral health services.
  • Applications for the Sun Life Health Access grant program are now open through April 19.

DentaQuest Contributes $25,000 to University of Oklahoma College of Dentistry

Retrieved on: 
Thursday, February 1, 2024

BOSTON, Feb. 1, 2024 /PRNewswire/ -- DentaQuest, part of Sun Life U.S., today announced a $25,000 contribution to the University of Oklahoma College of Dentistry. The donation is supporting the college's Indigent Care Fund, which helps provide dental care for patients unable to afford the cost of treatment, and the Community-Based Dental Education Fund, which offers financial support to dental students during their required externship rotations in underserved communities.

Key Points: 
  • BOSTON, Feb. 1, 2024 /PRNewswire/ -- DentaQuest, part of Sun Life U.S., today announced a $25,000 contribution to the University of Oklahoma College of Dentistry.
  • DentaQuest is also helping our students reach patients in rural communities across Oklahoma through our Community Based Dentistry Education program, which coordinates our externship program throughout the state.
  • "At DentaQuest, we know that investing in community-based care must be a priority and we're proud to support the work the University of Oklahoma College of Dentistry is doing to increase opportunities for Oklahomans across the state.
  • Prior to this contribution, DentaQuest has supported a number of Oklahoma community-based non-profits including Good Shepherd Clinic, Catholic Charities of Eastern Oklahoma, Neighborhood Services Organization, Oklahoma Dental Association and Oklahoma Oral Health Coalition.

More than 400,000 Canadian seniors have been approved for dental care under the Canadian Dental Care Plan

Retrieved on: 
Wednesday, January 31, 2024

"The Canadian Dental Care Plan is already seeing significant uptake, with more than 400,000 seniors successfully applying for the plan in just the first month, all without any wait time on the phone.

Key Points: 
  • "The Canadian Dental Care Plan is already seeing significant uptake, with more than 400,000 seniors successfully applying for the plan in just the first month, all without any wait time on the phone.
  • The Canadian Dental Care Plan has already got hundreds of thousands of uninsured seniors approved for dental care, and more are joining every day.
  • By expanding applications to the Canadian Dental Care Plan, we help ensure seniors have access to the essential dental care services they deserve.
  • "Once fully deployed, the Canadian Dental Care Plan will extend to eligible Canadians of all ages whose adjusted family net income is less than $90,000.

Sun Life U.S. expands Health Navigator offering to group benefits clients to help more workers access healthcare

Retrieved on: 
Wednesday, January 31, 2024

Health Navigator , powered by PinnacleCare, which Sun Life first launched as an offering to its medical stop-loss clients, helps employer-sponsored health plans and benefits work more efficiently, resulting in better health outcomes for employees.

Key Points: 
  • Health Navigator , powered by PinnacleCare, which Sun Life first launched as an offering to its medical stop-loss clients, helps employer-sponsored health plans and benefits work more efficiently, resulting in better health outcomes for employees.
  • This expansion is the next step forward in bringing care navigation services to more of our group benefits clients."
  • Acquired by Sun Life U.S. in 2021, PinnacleCare's health navigation services result in more effective and efficient care.
  • In 2022, Sun Life's Health Navigator data showed:
    52% of expert medical opinions identified for members a more appropriate treatment plan or variation to their original diagnosis.

CIA and ASNA Announce Nandisha Uppiah as Winner of Inclusive Culture Scholarship

Retrieved on: 
Wednesday, January 24, 2024

Nandisha Uppiah has been awarded the Inclusive Culture Scholarship.

Key Points: 
  • Nandisha Uppiah has been awarded the Inclusive Culture Scholarship.
  • The scholarship, valued at $3,000, acknowledges Uppiah's exceptional contributions to creating a more diverse and inclusive actuarial community.
  • The scholarship was awarded at the CIA gala dinner during the 34th ANÉA-ASNA Convention in Montreal on January 20.
  • Two other scholarships are offered as part of the ASNA-CIA partnership: the Academic Achievement Scholarship and the Indigenous Scholarship.