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Why Now Is the Time to Address Your Employees’ Mental Health

For more of our coronavirus coverage, visit epicbrokers.com/coronavirus  Viewpoints from Craig Hasday The COVID-19 pandemic no doubt has and will take its toll on mental health. In the United States, there has been a 1,000% increase in mental health calls to federal helplines. And the complete impact will take time to manifest. Pre-existing mental health conditions will be exacerbated, as we shared in a recent post from our Coronavirus & Workplace Wellbeing series. I recently listened to a presentation by Dr. John Rott at Kaiser Permanente Medical Group on mental health issues related to the pandemic …

https://www.epicbrokers.com/insights/now-is-the-time-to-address-your-employees-mental-health/

Onsite or Virtual Events – the Fall Wellness Season Conundrum

Now that the upheaval of spring wellness events and the mad dash to go virtual have subsided, we’re immediately shifting our focus to fall. However, this fall will not look like it did last year – many of our clients, especially those in New York City and other hard-hit areas, are canceling onsite wellness events or shifting them to virtual. With so much uncertainty and no end to it in sight, clients are taking a better-safe-than-sorry approach. No one wants a wellness event to cause more stress than it relieves. For more of our coronavirus coverage …

https://www.epicbrokers.com/insights/onsite-or-virtual-events-the-fall-wellness-season-conundrum/

Projecting Healthcare Costs – Not an Easy Assignment

Viewpoints from Craig Hasday & Davin Millholland There’s no doubt that current-year medical claims costs will be dramatically impacted by the pandemic we face. From mid-March to mid-June, we expect claims to drop precipitously. Much of this is due to medical care being viewed by many as non-essential, and between mandatory shutdowns and simple fear of exposure, medical care utilization has ground to a halt. The impact has been so acute that health insurance carriers are voluntarily rebating premiums to their policyholders. For example, Anthem is providing 10%-15% discounts worth $2.5 billion to its …

https://www.epicbrokers.com/insights/projecting-healthcare-costs-not-an-easy-assignment/

Coronavirus & Workplace Wellbeing: Staying Connected

… to or seen in a while. A short conversation to let each other know that you care should boost your mood. Engage Virtually  Your favorite artists and DJs are hosting watch parties – join the fun and dance and sing the stress away. The EPIC Wellness & Health Management practice will continue to share ways to support the social, physical and community wellbeing of your workforce in the new normal. EPIC also has a dedicated coronavirus webpage with links to additional employer resources for employee benefits and risk management. Stay tuned for more from us, take care, and stay well! Join the

https://www.epicbrokers.com/insights/coronavirus-workplace-well-being-staying-connected/

EPIC Honored With Communicator Awards of Excellence

The Communications & Engagement team at EPIC Brokers was presented with two Communicator Awards of Excellence for a benefit guide they created for Sierra Club and for the EPIC benefits communication campaign. The Award of Excellence, the Communicator Awards’ highest honor, is given to entrants whose ability to communicate positions them as the best in the field. The team also received an Award of Distinction, presented for projects that exceed industry standards in quality and achievement, in recognition of a communications campaign they created for Ensign Energy Services. The Communicator Awards is the leading international awards program recognizing big ideas in …

https://www.epicbrokers.com/insights/epic-honored-with-communicator-awards-excellence/

Now Is the Time to Make Incremental Changes to Healthcare

Viewpoints from Craig Hasday The Fortune 500 list is out, and I was slightly surprised to see that the big four health insurance companies: UnitedHealthcare, CVS-Aetna, Cigna and Anthem are all in the top 30 U.S. companies ranked by revenue. These companies represent nearly $757 billion in revenue and include the three largest pharmacy benefit managers (PBMs): Optum, Caremark, Express Scripts, and Anthem has now started Ingenio, a new, but certain to be powerful, PBM. They represent $437 billion in market value, $30 billion in profits, and have about 759,300 employees. The revenue results do not factor …

https://www.epicbrokers.com/insights/now-is-the-time-to-make-incremental-changes-to-healthcare/

Second-Order Effects of COVID-19

… seeking the safety of suburbia. We are likely still several months from seeing the real impact of this near-term deurbanization, but it’s hard not to see how that won’t vastly impact the economic reality and vibrancy of city life for years to come. On the health and benefits front, there are a variety of dramatic market changes – some of which are temporary, but many that feel may have a more lasting impact: The item getting the greatest focus is telemedicine. Early indications are that virtual visits are up 20 times from the same period one year ago …

https://www.epicbrokers.com/insights/second-order-effects-of-covid-19/

Determining Return-to-Work Protocols

… for COVID-19 symptoms and helps employers manage the return-to-work process safely. I have not previewed this version; however, I have seen several symptom checklists that result in a green-light email signifying it’s okay to return to work, or a red-light email, which refers the employee to a physician for further evaluation and potential virus testing. This week, we hosted a webinar with Piedmont Health Systems – a large hospital and healthcare system in the Southeast – and to me the content was fascinating. It highlighted return-to-work practices and important considerations. In addition to employee

https://www.epicbrokers.com/insights/determining-return-to-work-protocols/