The disruption caused by COVID-19 and the resulting economic downturn sent a lot of businesses reeling. March 2020 began a dark time in almost every business sector. However, some businesses used these disruptions to generate creative sparks. The creative sparks manifested in different ways. Some businesses finally got to those great ideas they never had time to explore before. Others reshaped their business models. The prevailing theme in these changes was the creation of Intellectual Property to spur growth and find new sources of revenue. In other words, Innovation Transformation. The great thing about Innovation Transformation is that it has unlimited potential.
Illinois Bar Journal Illinois Law Update, December2020
The Department of Insurance adopted a new Part titled Temporary Health Coverage Requirements During an Epidemic or Public Health Emergency. The rulemaking aims to protect insured individuals’ access to timely, affordable healthcare during public health emergencies.