Telehealth & Industry News

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Financially stressed workers likely to draw on retirement plans

This article was published on May 24, 2018 on Employee Benefit News written by Nick Otto.

Financial stress is taking its toll on employees, causing them to partake in rather risky money behavior: tapping into their 401(k) or other retirement savings in an attempt to get back on track.

More than half of workers (54%) who identify as being financially stressed say they will likely use their retirement funds for expenses other than retirement, according to PwC’s 2018 Employee Financial Wellness Survey, out this week. That’s compared to 33% of their colleagues who say they’re not stressed about finances.

“Our survey indicates that […]

June 6th, 2018|Telehealth & Industry News|

How doctors are using telemedicine to help allergy sufferers

This article was published on May 10, 2018 on CBS NEWS. Photo source: CBS NEWS.

With spring allergies in full bloom, the wait to see a specialist in person can be several weeks but scheduling a same-day visit through telemedicine is virtually a click away.

An explosion of tree pollen this spring is setting off Dylan Kirch’s allergies. Instead of taking him for an office visit, Dylan’s mother Lisa sits with him at the kitchen table for a virtual visit over video with pediatrician Sylvia Romm.

Dylan explains his symptoms to Dr. Romm, showing her his eyes and inside his mouth — where […]

June 5th, 2018|Telehealth & Industry News|

Telemedicine Reinvents the Visit to the School Nurse

Technology lets the nurse tap into outside experts, often getting students back to class more quickly
This article was published on May 25, 2018 on The Wall Street Journal, written by Emily Holland. Photo source: Mike Bradley for the Wall Street Journal.

Telemedicine has grown rapidly in recent years. Now hundreds of schools are bringing it to the nurse’s office.

School nurses say telemedicine helps them treat students faster right at school, reducing risk of infection, getting the students back to class faster and relieving a big burden on the students’ families.

At Abraham Lincoln School No. 22, in Rochester, N.Y., when nurse Amy […]

May 31st, 2018|Telehealth & Industry News|

Why virtual care is an essential part of self-funding

This article was published on May 14, 2018 on Employee Benefit Adviser, written by Kelly Bliss. 

Does this scenario sound familiar? Facing a second consecutive year of double digit premium increases, a mid-sized financial services firm recently decided to self-fund, but still had some trepidation over the prospect of becoming self-insured.

This was entirely understandable, as the company had been forced to make the decision while flying blind. Absent detailed utilization data, how was management supposed to know if they had opened themselves up to substantial risk?

As I explained to the firm’s VP of HR, much like stop-loss coverage, a comprehensive virtual […]

May 25th, 2018|Telehealth & Industry News|

Why more small, midsize employers are turning to level-funding

This article was published on May 22, 2018 on Employee Benefit News, written by John Milne. Photo Source: Employee Benefit News.

Small and midsize businesses seeking flexible benefit plans for their employees that also provide a means to contain costs often feel their options are limited. The fully insured world restricts flexible and creative plan options, and many employers are stuck in a cycle of paying steep increases year over year because they’re being pooled with many other small plans.

A traditional self-funding model might also be out of the question without solid claims data to understand risk and your potential monthly claims.

However, […]

May 24th, 2018|Telehealth & Industry News|