ascip

Bob Dylan wrote long ago “The Times They Are A-Changin’.”  While change is inevitable,  it is often  resisted.  Telemedicine is an excellent example.  Most of us have embraced the notion that the best medical care involves in-person doctor visits.  The global Coronavirus pandemic required us to reconsider.

Group health had previously begun to dispel the myth about in-person medical care, utilizing telemedicine for patient convenience.  With the pandemic, urgent care providers, employers and injured workers had to embrace telemedicine for workers’ compensation in ways that would have  been  unthinkable  just  six  months ago.  

Recent legislation and IRS rule modifications have introduced several important changes to employee benefit plan coverage and administration.  Below is a brief outline of the affected areas.

Two ASCIP members recently experienced large multimillion-dollar property loss fires that disrupted education programs.

1. Lithium batteries caused $1.6 M loss
2. Space heater caused $8.1 M loss

Members can learn from these fires to mitigate the associated hazards and avoid similar losses.