PITTSBURGH,
March 24, 2022 – PRESS RELEASE – The National Cannabis Risk Management
Association (NCRMA) announces the launch of a new health insurance
program for cannabis companies—Health ReLeaf.
Over the
past decade, premiums and deductibles have risen faster than workers' wages,
and as a result, NCRMA and My Benefit Advisor have partnered on a solution. Through
the launch of Health ReLeaf, they're helping cannabis companies take
control. By knowing the health plan's data and spending, Health ReLeaf can help
cannabis businesses make decisions in the best interest of their company and
employees. The health plans put businesses in control of the outcomes and give
employees the relief they've been looking for.
"Employers
are aware of the challenges associated with controlling health care
spending," said Brian McLaughlin, market leader for My Benefit Advisor.
"My Benefit Advisor is excited about the opportunity to partner with the
NCRMA to give their members the chance to take control of their health care
spending. The ReLeaf program gives employers the data and tools to manage costs
while providing the employees the benefits they deserve."
"One
of the most significant risks faced by cannabis companies is talent
optimization," said Rocco Petrilli, NCRMA chairman, "locating and
placing 'the right people in the right places' is the challenge of the moment.
Once this is accomplished, retaining these employees takes center stage. Health
ReLeaf benefits will provide employees with the security of solid medical
coverage and will work to keep this valuable workforce in place and
productive."
The new
program offered to NCRMA company members leverages a different approach by
funding the known risks and insuring the unknown. Health ReLeaf's process integrates
employee health assessment to identify known risks. The offering is made
specifically for companies working in the cannabis industry. It offers full
protection from all volatile claims. By identifying these known risks, Health
ReLeaf can save businesses up to 20% within the first year.
The
Health ReLeaf brokers are ready to dually work as risk managers to identify
reductions in claims, high-cost specialty drugs, fraud, and waste.
Additionally, the program helps cannabis companies implement measures to reduce
known risks through abuse prevention, promotion of general wellness, and
primary care utilization.
