MONROE -- A local hospital is looking to take extra measures to alleviate financial difficulties seen across the healthcare system.
Officials with St. Francis Medical Center confirmed that they have decided to close the St. Francis Insurance Agency.
"St. Francis Insurance Agency has been challenged for some time due to increasing competition and market options, and we have decided to wind down its operations in order to redeploy resources to other community services. We are aware of the potential concern by policyholders as well as the impact on the agency’s two employees, who have provided a valuable service to policy holders. It’s important to know that insurance coverage remains intact for anyone with policies purchased through St. Francis Insurance Agency. Nothing changes for those individuals. Formal correspondence with policyholders is in progress. The two employees affected will be given priority for reassignment to other areas in the organization if at all possible."
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