COVID-19 has altered the way individuals and businesses approach employment and aging.
According to Christine Janofsky, CFO of eHealth, which works in the Medicare, Medigap, and Part D areas, the epidemic led several individuals to quit work.
Janofsky saw this tendency during the peak of the epidemic the year before. She overheard others saying. She said, “‘With anything and everything occurring on, it was really helping me understand what happened.’ Individuals have taken a step back as a result of the epidemic. As a result, a portion of the population has chosen to retire.”
Importance
CFOs are considered differently as a result of labor scarcity. Businesses must hire and develop people in the new remote/hybrid business environment.
“It’s been fascinating to see the epidemic,” Janofsky remarked. “It demonstrates how individuals feel about their staff and consumers. How mood influences productivity in real life. When we reflect on the previous 18 months… So how would it impact an organization?”
COVID-19 has enlarged the function of the CFO to include more than just statistics, albeit that is still the most important aspect.
“As I talk about the CFO function and finance,” Janofsky said, “many CFOs have organically enlarged their duties from what they used to be.” “When I look at the most successful CFOs, I see that they provide more than just financial. CFOs are constantly concerned with numbers. It is becoming more crucial to be that inspirational leader and to encourage colleagues. That will be the driving force behind the overall success of the company.”
THE CURRENT TREND
Janofsky joined eHealth as CFO in September and also functions as executive vice president. She previously worked at Lincoln Financial Group as an executive vice president and chief accountant.
eHealth, headquartered in Santa Clara, California, is an online health insurance exchange that allows clients to evaluate and select policies from more than 200 health insurance companies in all 50 states and the District of Columbia.
EHealth began the Medicare annual enrollment session with approximately 160,000 Medicare beneficiary customer center accounts. The registration process starts on October 15 and will expire on December 7.
Agents link beneficiaries to the best plan for them and are commission-free on the plans they offer. Sales accountability officers confirm the selections. After a consumer picks a plan and the information is forwarded to the provider, the firm receives compensation.
The use of digital health technologies is critical to the process. In October 2020, an eHealth user center opened, allowing recipients to create secure personal profiles outlining their prescription medicines, chosen physicians and pharmacies, current Medicare insurance policy, as well as other significant healthcare information.