URMIA – Proud Affilate Member.2

Member News

EIIA – An affiliate of URMIA

By MarionGonzalez

June 1, 2021


Do you know URMIA? We at EIIA are proud to be an affiliate member of URMIA (the University Risk Management & Insurance Association), as it gives us the opportunity to share resources and insights with like-minded risk management professionals. If you are a risk professional in higher education, this is…

Do you know URMIA?

We at EIIA are proud to be an affiliate member of URMIA (the University Risk Management & Insurance Association), as it gives us the opportunity to share resources and insights with like-minded risk management professionals. If you are a risk professional in higher education, this is the association for you. To learn more about membership and its benefits, including educational resources, community, and events, visit their website https://www.urmia.org/membership/join.

#riskmanagement #insurance  #highered ​​​

Expand Article

Protecting

Providing Students with Telehealth Services

By MarionGonzalez

May 11, 2021


EIIA has partnered with TimelyMD to offer comprehensive student telehealth services to EIIA eligible institutions. TimelyMD is a company solely focused on keeping the higher education population healthy by providing 24/7 quality medical care and counseling services. The goal of the three-tiered program is to provide easy access telehealth services:…

EIIA has partnered with TimelyMD to offer comprehensive student telehealth services to EIIA eligible institutions.

TimelyMD is a company solely focused on keeping the higher education population healthy by providing 24/7 quality medical care and counseling services.

The goal of the three-tiered program is to provide easy access telehealth services:
  • Medical – 24/7 on-demand medical visits with licensed healthcare providers
  • Talk Now – Unlimited 24/7 on-demand triage mental health support, including crisis management through licensed behavioral health professionals
  • Scheduled Counseling – Access to licensed counselors, where students may pick a day and time for a visit. Each student is allowed up to (12) virtual visits annually.

Each plan is designed and directed by the institution to complement the services provided by the Health and Counseling Center.

Click here to learn more

TimelyMD provides:

  • Medical providers specifically trained for students
  • Clinical workflow protocols – the institution directs the referral process by the medical providers
  • Granular utilization reporting
  • Secured sharing of patient health records
  • Diverse medical provider options for students to select from
  • Marketing kit and on-campus kick off for a successful implementation

The Value of Telehealth Services During Budget Constraints:

Why do you believe telehealth for students still has value even with budgets getting tighter in higher ed?

“I am currently doing interim CFO work for a school in the south, and that very question came up in a recent board meeting.  Here is my response.

In today’s culture of budget revisions in anticipation of a possible fall class missing its enrollment/retention targets, we enter a new era of limited resources being deployed in the best possible ways.  Business is not ‘as usual’.  With a 15% cut looming, or more, at any institution, how best can a college/university deploy less resources in the most productive manner?

For example, perhaps the funding of 50 students traveling to an international location for an immersed cultural experience is not as valuable right now as protecting their health from this virus.  That $100,000 funding cut from the trips is easy to make, but can we deploy $80,000 on some health initiative?  With the CARES Act and such funding for specific elements of healthcare on campus, can we do better?  As CFO, first and foremost, we need to create a campus culture which is safe and trusted from this health pandemic.  Testing, social spacing, enhanced cleaning of common spaces, and every other manner of outbreak containment we will do.  Yet, is this enough? 

What can we do to convince our students and their parents that they can trust the health safety of our environment and residential experience?  Can we do something that builds this trust?  Can we do something to give us some kind of a competitive edge to help mitigate any loss of enrollment or retention?  Yes, we can.  We can reimagine a health program on campus to be comprehensive.  One that turns up the day-to-day cleaning operations, social distances in every classroom and open space on campus, adds new policies for interaction, and above all includes routine testing of all students, faculty and staff with quarantine facilities reserved for at-risk students.  

Coupled with 24/7 access to medical and mental health professionals, we have a really good ‘reimagined’ and affordable health plan.”

Rick Gaumer

Founder & Principal, Academic Innovators

Interim VP for Business & Finance at Lyon College

Former VP for Business & Finance at Emory & Henry College

Expand Article
Wheaton_admin-ajax

Member News

Why EIIA?

By MarionGonzalez

March 19, 2021


In 2019, Wheaton elected to take a fresh look at our broker relationship. Premiums had been increasing, and we were assuming greater risk with the large retention limits. Many years earlier, Wheaton had explored working with EIIA, but we did not satisfy their Membership criteria as an institution not affiliated…

In 2019, Wheaton elected to take a fresh look at our broker relationship. Premiums had been increasing, and we were assuming greater risk with the large retention limits.

Many years earlier, Wheaton had explored working with EIIA, but we did not satisfy their Membership criteria as an institution not affiliated with a particular religious denomination. When we learned that they had expanded their eligibility to include private faith-inspired institutions, we included them in our broker RFP process.

When the EIIA team came to present their already impressive proposal, they far exceeded our expectations – they were extremely knowledgeable and clearly understood our insurance needs and business practices.

We secured broader coverage tailored to small private higher education institutions like ours with lower deductibles and at competitive premiums. We also appreciated the many additional benefits of membership, including access to the Campus Conduct Hotline ethics reporting system, employee training modules, and policy templates developed by legal counsel. These additional resources only add to our significant savings and benefits of working with EIIA.

We are happy to be a part of a strong consortium with institutions of similar size and risk profiles. EIIA is a hidden gem.

Bryan M. Seiler, General Counsel

Office of Legal Affairs & Risk Management

Wheaton College

Expand Article
CICImage