The COVID-19 pandemic has presented many challenges for nonprofits making it difficult for them to operate as they have in the past. During this time, especially throughout 2020, many nonprofits and their employees were not able to offer in person services. Instead, they had to switch to tele-services (such as counseling, health, and education) via virtual platforms like Zoom, Microsoft Teams, etc. What most nonprofits are unaware of is that there could be thousands of dollars in refunds owed to them as a result of operational changes made due to the COVID-19 pandemic.
When it comes to their workers’ compensation insurance policies the level of risk significantly decreases when an employee administers their services on a remote basis as opposed to in person. In addition, there are several other areas within a worker’s compensation policy that can produce a sizeable refund for these organizations due to changes brought about by COVID.
It may be in the best interest of organizations that had to pivot the way they delivered services during the COVID pandemic to review the amount they paid/are paying workers compensation, considering the changes in mode of service delivery. This review should be done soon, as insurance companies are closing the window on some of earlier COVID years.