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The Well Newsletter

… 6 Dimensions of Wellness There’s More to Wellbeing Than Meets the Eye: Wellbeing is not just about physical fitness and nutrition! Emotional, social, financial, developmental and environmental fitness also play an integral role in the journey toward holistic wellbeing. Physical Daily activities supported by nutrition, exercise, rest and disease management Developmental Opportunities to learn, and self-improvement that contribute to personal and organizational growth Social Building positive relationships fostering a sense of belonging, acceptance, comradery and community involvement Environmental Tools, resources and policies supporting healthy behaviors, and interconnectedness with surroundings Financial Managing savings, expenses, debt and risk, increasing financial …

https://www.epicbrokers.com/services/wellness-health-management/the-well/

Health Claim Data Is Power

… there are those that understand the game and know the odds. Since the odds are in favor of the house, these gamblers lose, but not as much and not as often. And then there are the card counters – the ones that have the data to beat the odds and mitigate risk. Let’s call that knowledge. The way the casinos mitigate their risk is by taking back the power and banning those gamblers from the table. In the fully insured health insurance world, knowledge comes from claims data. I have fought traditional insurance companies for years to get claims data …

https://www.epicbrokers.com/insights/health-claim-data-is-power/

"Is My Umbrella Policy Enough?"

… million. What is the State of Personal Liability Risk in Society Today? A phenomenon known as “social inflation” has caused a surge in high-value jury verdicts and settlements in personal injury lawsuits. Potential sources of liability include teenage drivers, dog ownership, swimming pools, home entertainment, domestic employees, social media and online activities, board membership, and rental properties. Damage claims by third parties are not limited by your ability to pay or your personal net worth. Why do Many Successful People Have Insufficient Umbrella Coverage? Many people who have accumulated wealth and assets seek out top wealth management and …

https://www.epicbrokers.com/insights/is-my-umbrella-policy-enough/

Managed Care Optimization

Impact Risk Partners  / Managed Care Optimization Managing the expense of high-quality care to injured employees is a key factor in your overall workers’ compensation costs. We help you drive measurable improvements to medical outcomes by integrating claims management, analytics, and process optimization with proven cost reduction strategies. Medical expenses often account for more than half your claims costs, so it’s important to have an effective plan to combat rising costs. With your injured workers and program goals in mind, we look at multiple areas to see where your current program can be improved. Connect with Impact Data-Driven …

https://www.epicbrokers.com/services/impact/managed-care/

John J. Patterson Joins Vanbridge, EPIC’s Financial Services Division

… from notice to resolution, as well as advising throughout the broking process with respect to structuring of coverage, legal implications of agreement language, policy wording and diligence matters. Patterson’s most recent role was that of Senior Vice President, Head of U.S. Financial Lines Claims at a leading transactional risk MGU. He also served as senior claims counsel at two large insurance carriers, where he managed D&O, E&O, and transactional risk claims on behalf of private equity, hedge fund and venture capital policyholders. Earlier in his career, Patterson was an attorney representing a leading insurance carrier in …

https://www.epicbrokers.com/insights/john-patterson-joins-vanbridge/

Jacqueline Beaudet, Esq.

… General Counsel for Regulatory and Compliance for EPIC. Over the years, in addition to fulfilling her legal functions for Frenkel and EPIC, Jacky was instrumental in providing Northeast client services in the areas of coverage analysis and carrier advocacy and services for several of the public company Frenkel clients in the role of outside risk manager. Her experience in the legal field, in both the law firm and corporate environments, spans more than 25 years. In addition, Jacky is responsible for the executive management of the Galway-wide insurance program, compliance and licensing, and the legal liaison concerning privacy matters.

https://www.epicbrokers.com/about/our-leadership/jacky-beaudet/

Life & Executive Benefits

… decision. Executive Benefits The value of any enterprise depends on the people who lead it, and on the structures designed to protect and retain them. Whether retaining a management team, incentivizing top-tier leadership, addressing enterprise risk, or designing competitive compensation structures, we design, implement, and manage executive benefit programs that remain flexible, competitive, and responsive as industry trends, legislative changes, and business needs evolve. Business Planning From founder-led businesses to public companies and private-equity portfolios, the value you’ve created depends on the people who run it and the structures that protect them. We work with …

https://www.epicbrokers.com/services/life-executive-benefits/

The Rise of Telemedicine: Minimizing Malpractice and Patient Safety Risks for Hospitals and Health Systems

… Institutions should review medical staff by-laws and credentialing processes with medical staff leadership and consider revising by-laws and processes to incorporate the use of telemedicine care. Care should be taken to ensure that administration of medication and controlled substances maintains or improves upon in-person medication management. If evaluation of a patient through a telemedicine platform proves less effective than in-person care, mitigate the risk by arranging an in-person appointment. Conclusion The sudden and rapid adoption of telemedicine on a broad basis is a welcome event in the medical community, yet it is not without …

https://www.epicbrokers.com/insights/the-rise-of-telemedicine-minimizing-malpractice-and-patient-safety-risks-for-hospitals-and-health-systems/