Amarillo, Texas-based Pretty Group and its sister-company OccuNet have unveiled an insurance coverage product that covers medical bills for collegiate scholar athletes who contract COVID-19.
Impressed by the viral #wewanttoplay marketing campaign created by Ohio State quarterback Justin Fields, the coverage is an answer directed on the want for NCAA faculties to have the ability to present monetary safety for scholar athletes and their dad and mom. By offering $250,000 in medical protection for COVID diseases, the coverage helps schools and universities shoulder the potential monetary burden of significant COVID circumstances for scholar athletes in a cheap method.
“When the NCAA mandated member faculties be liable for medical bills associated to COVID, we instantly started engaged on an answer,” Caleb Pretty, OccuNet’s president, stated in a media launch.
The wheels have been put into movement for growing this product when the Huge Ten and Pac-12 initially postponed their fall 2020 soccer seasons. If a scholar athlete finally ends up hospitalized on account of COVID-19, the monetary implications to the college could possibly be substantial and at present, all merchandise which collegiate athletic departments buy to cowl scholar athletes exclude protection for communicable illness, the businesses stated.
Pretty Group is a danger consulting/brokerage agency advising shoppers all through america and in additional than 100 international locations in a number of enterprise segments together with company danger, human capital and advantages, and a broad array of danger consulting specialties.
OccuNet is a value containment know-how agency targeted on the rising price of healthcare.
Supply: Pretty Group
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