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Paid Leave Advocates Won t Push Back on Payouts to Private Insurance
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Sun Life Financial inc (SLF) Q2 2021 Earnings Call Transcript
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WELLESLEY, Mass., June 2, 2021 /PRNewswire/ Sun Life has released its annual research report on high-cost claims and medical trends. Cancer again topped the list of the 10 most common and costliest medical conditions, with an increase of 16 percent in 2020 despite the likely missed screenings during lockdown early in the pandemic. The report also showed that mental health claims increased by 21 percent in 2020 from 2019, with alcohol or opioid abuse and depression being the most common conditions. Septicemia (infections), one of the most common secondary conditions as a result of COVID-19, was also on the list of costliest conditions, as well as congenital anomalies (conditions present at birth, such as a heart defect) and kidney disease.
Enbridge
Calgary-based Enbridge is a multinational energy transmission company. It is the largest natural gas distribution provider in Canada and has approximately 3.5 million retail customers in Quebec, Ontario, New Brunswick, and New York State.
It pays a dividend that currently yields near 7%, supported by constant income despite the volatility of oil prices.
Enbridge operates in one of the most regulated industries in the world – oil and energy. Enbridge has been able to prove that having a sustainable business model has kept the company going despite an economic downturn.
With the fall in fuel demand, oil prices have seen a significant drop in recent months. However, with increasing demand for oil, prices will slowly improve. As oil prices are expected to accelerate in the second half of 2021, there is a strong possibility that Enbridge shares will move in tandem.