Regardless of a worldwide health crisis, more and more individuals benefit from virtual care. Those in remote areas, frequent travelers, or individuals facing debilitating mental health conditions rely on telemedicine for care. Ensuring these companies’ longevity is a must, and insurance is one primary path to making that happen.
That said, not all of society is pure of heart — plenty of cybercriminals could care less about an individual’s health. Damaging data breaches could cause loads of harm to a telemedicine company, potentially shuttering it permanently. Insurance helps to protect essential business operations from harmful attacks, thus supporting vital patient care.
Lastly, innovative technology catapults the Virtual Care, TeleHealth, and Telemedicine industry. Legal holdups and property damage could put a severe strain on momentum. In addition to supporting longevity, insurance products help companies to maintain their rapid pace forward.