Rod of Asclepius Question

[Squatch]

So, I was wondering about something as this came up in a game last night. The Rod of Asclepius says something along the lines of if you discard it you can escape the level loss that comes from bad stuff. However, the monster in question was the King Tut card which states that you lose two levels even if you escape and then lists its bad stuff separately at the bottom. So, in our game, someone escaped by using one of the cards that lets them make their escape roll whatever number they wish after they failed their initial roll. So far so good. Then they discarded the Rod of Asclepius to try to cancel the "lose 2 levels" part of the King Tut card. My question is, since the level loss is listed separately from the bad stuff, and the staff says you can use it to escape bad stuff level loss specifically, can it even be used to disregard the level loss of this card?

I hope that made sense. Any help would be greatly appreciated. Thank you.