Bruce Bentley

While drug spending on employee compensation continued to decline in 2020, a report by pharmacy performance manager myMatrixx released Thursday said the workforce impact and injuries of COVID-19 could have complicated numbers. For payers with an employee compensation program managed by myMatrixx, an Express Scripts company's prescription usage decreased 4.9% and daily costs by 2.6% in 2020. According to the report, a total of 40.7% of insurers cut drug spending this year. However, a decrease in new entitlements for 2020 - due to widespread unemployment and the move to remote working - resulted in older entitlements “biasing” average overall drug use, resulting in a statistical increase of 12.2% at the individual injured patient level led myMatrixx referred to the "COVID distortion effect" in its report. Meanwhile, entitlements from new workers continue to have lower drug use and lower costs, while older entitlements have higher prescription use and higher costs. ...

An insurance claim filed by McDonald's and two of its franchisees (collectively, "McDonald's") raised a novel question in Illinois state court. The question was whether the costs of complying with a mandatory order related to the COVID-19 pandemic are personal injuries that trigger the insurance company's duty to defend claims. In the underground lawsuit, employees alleged that McDonald's opened its restaurants openly and negligently during the pandemic without adequate new health and safety practices. McDonald’s policy was that employees and managers could take off their masks and stand within six feet of each other, but no longer than 10 minutes. McDonald's face-covering and distancing policies contradicted the Illinois governor's executive order and CDC guidelines. Some McDonald's restaurants have not successfully enforced the policy, resulting in employees wearing their masks under their noses and mouths or not at all due to the “10 minut...

  COVAX is designed to expedite the development and manufacture of COVID-19 vaccines and to ensure their fair and equitable distribution in all countries of the world. The Chubb-Marsh collaboration will provide up to $ 150 million in insurance to the COVAX No-Fault Compensation program to cover compensation for eligible individuals in the 92 lower-income countries and economies collectively known as Gavi COVAX Advance Market Commitment (Gavi COVAX Advance Market Commitment). AMC) eligible economies. Insurance broker Marsh directed the worldwide placement of the cover. Chubb is the main insurer, backed by 10 other insurers in the US, UK, Germany, Ireland, Switzerland and Bermuda. The delivery of COVID-19 vaccines in 2021 will be the largest and fastest proliferation of novel vaccines in the world in history. COVAX aims to deliver up to two billion doses by the end of the year, including up to 1.7 billion doses to the 92 AMC-eligible countries and economies. "Chubb is excited t...

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