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Insurance & Financial Services

VIEWPOINT: Telehealth in the pandemic era

There is a well-known proverb: “Necessity is the mother of invention.” What started as a niche market for concierge and special-case patients, the telehealth industry has become a behemoth virtually overnight — with projections reaching $559.52 billion by 2027, according to Fortune Business Insights — entirely because of the COVID-19 pandemic. How could something that was […]

NONPROFIT MANAGEMENT: Giving retirement-plan compliance the attention it deserves

“My best days in retirement are when I give back to the community.”— Anonymous Stock markets continue to hit all-time highs throughout the pandemic since the lows of the original sell-off on March 23, 2020. We see 401(k) and 403(b) retirement account values have increased significantly for almost all participating employees and retirees, as the S&P 500

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Cazenovia College has new lab for finance, accounting students

CAZENOVIA, N.Y. — Cazenovia College believes a new laboratory space provides an “added sense of career realism” for its students taking finance and accounting courses.  The lab includes the same types of industry-utilized data technology, business-day amenities, and “precise working environment” that students are likely to see when they begin work in finance and accounting

AAA Western & Central New York hires new corporate counsel

AAA Western and Central New York has announced the hiring of Elizabeth (Liz) Bove as corporate counsel.  Bove, who will work from AAA’s headquarters in Amherst (suburban Buffalo), will represent AAA on all legal matters and provide legal counsel to the organization. She most recently worked as a senior associate at Phillips Lytle LLP in Buffalo, AAA

UnitedHealth Group to pay over $15M after mental-health coverage investigation

NEW YORK CITY — A major health insurer with an office in Syracuse will pay $15.6 million and take other corrective actions following investigations and litigation by the New York State Attorney General’s office and the U.S. Department of Labor (USDOL).  United Behavioral Health and UnitedHealthcare Insurance are part of Minnetonka, Minnesota–based UnitedHealth Group. UnitedHealthcare

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