Distribution: All Hands
I have been sharing resources in my e-mails to support you all through this challenging time, but I know there is a lot of information and it’s difficult to absorb all at once. This communication is to point out specific resources to help you through concerns you may have around your financial, emotional/mental, or physical health. If you would like more information about any of the below or other topics, please reach out to the HR team or let me know.
Stock markets around the world are reacting adversely to the impact COVID-19 is having on travel, consumer behavior, and most importantly global commerce. Our retirement plan advisor, Forest Capital Management (FCM), offers the following guidance:
– From an individual retirement saver perspective, always ensure your own investment elections match your risk tolerance and duration until retirement.
– Remember, making an investment change requires two decisions. When to pull money out of the stock market, and when to put it back in. Human beings are notoriously bad market timers and many people are worse off, in the long term, by making short-term retirement plan investment decisions lead by emotion.
We encourage you to talk to your personal financial advisor or reach out to Forest Capital Management if you have questions or concerns. FCM has also provided a 30-minute webinar: Coronavirus Impact on Retirement Savers.
Our EAP through Halcyon has many resources to support your emotional and mental health and they put together a full resource page specific to coping with COVID-19 https://www.eaptoolkit.com/coronavirus. You can access services using our code: cpsych
If you are covered under Community Psychiatry’s medical plan through Anthem Blue Cross of CA, you should have received communication from them directly regarding getting access to care from home to assess your symptoms.
You can download the free Sydney Care mobile app for a quick and easy way to evaluate your symptoms. You can connect with a doctor through a LiveHealth Online video session or a Virtual Care text session right from your phone. The doctor can evaluate your symptoms, help you understand whether you’re at risk for COVID-19, and let you know whether you need to visit a local health care provider in person for COVID-19 testing. LiveHealth Online is available for members at no extra cost through June 14, 2020.