Day: August 1, 2020

Posted in Personal

What to Do If Your Business Is the Victim of a Crime

At the core of Entrepreneurs’ Organization (EO)‘s mission is an unrelenting commitment to helping entrepreneurs learn and grow in every stage, both personally and professionally. Businesses are facing unprecedented challenges due to both Covid-19 restrictions and protests against police brutality. We asked Emily Lazration from CoverWallet, a tech company that makes it easy for businesses to understand, buy and manage commercial insurance online, what steps business owners should take if their company is the victim of a physical or cyber crime. Here’s what she shared:

Imagine arriving at your business one morning to find it broken into and damaged. This is an unfortunate reality for many small business owners. Despite taking reasonable preventative measures, your business could still be the victim of a crime.

How to deal with burglary and vandalism

So, what should you do if you find yourself in this situation?

  • Call the police immediately. As
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Posted in Business

Oscar Health bets on virtual primary care

The coronavirus pandemic has driven interest in telehealth among patients and physicians like never before. Oscar Health is betting that the appetite for virtual care is here to stay.

The New York-based health insurance startup said Thursday that it will offer individual and family plan members in certain states a new option to receive all primary care services virtually, beginning in 2021.

Just like at a brick-and-mortar primary care practice, members who choose the option will see the same care team during each virtual visit. Each primary care visit, as well as generic and low-cost brand name prescription drugs, labs, and diagnostic imaging orders and the first specialist visits will cost the member nothing out of pocket. The option will be offered on all of Oscar’s health plans in areas of California, Florida, New York and Texas.

“The idea is that members will develop long-term relationships with clinicians that get

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Posted in Finance

Rexnord Reports June Quarter 2020 Financial Results

Call scheduled for Wednesday, July 29, 2020 at 8:00 a.m. Eastern Time

Todd Adams, President and Chief Executive Officer, commented, “Our second quarter results demonstrate our ability to nimbly execute amid the unprecedented social and economic challenges created by COVID-19. It also highlights the benefits of the significant changes we’ve made to our business to drive above-market growth, strong margins and higher levels of free cash flow over the course of a business cycle, including one as extreme as the last six months. The trajectory of overall demand levels improved over the course of the quarter, but we continue to be cautious about the remainder of the year based on the current realities and potential range of outcomes due to the pandemic. Our focus over the next six months will be to relentlessly execute against our highest strategic priorities, including the third phase of our Supply Chain Optimization and Footprint … Read More

Posted in Insurance

Maternity benefit could be increased

NEW DELHI :
The Employees’ State Insurance Corporation (ESIC) has moved a proposal to increase the confinement (maternity) expenses paid to an insured woman or an insured person for his wife under its health insurance scheme to 7,500 from 5,000.

According to a draft notification issued by the Ministry of Labour and Employment, stakeholders have been given 30 days’ time for providing their feedback on the proposal to hike maternity benefit under the ESI insurance scheme after which the government would consider the feedback and take the final call.

The notification proposes to change Rule 56A of the Employees’ State Insurance (Central) Rules, 1950, substituting the words “rupees five thousand” with “rupees seven thousand five hundred”.

Under Rule 56A, an insured woman or an insured person in respect of his wife is paid 5,000 per case on account of confinement expenses.

The benefit is available in those

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Posted in Money

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