Congress to probe LTC insurance practices

Share this article:

A House committee has started to investigate long-term care insurance policy sellers as a result of their high number of denials for nursing home claims.

The House Energy and Commerce Committee is focusing on Conseco Inc. and Penn Treaty American Corp. Committee members sent letters to the CEOs of the companies requesting documents, including complaints, grievances, and appeals/reconsideration requests from long-term care policyholders.

Committee leaders said they would look into allegations of unfair and deceptive business practices by LTC insurers. The probe also will spotlight the impact of improper claims denials on the Medicare and Medicaid programs. Penn Treaty said it would cooperate with the investigation.

See the letters to the companies at http://energycommerce.house.gov/Press_110/Conseco.052307.Prieur.ltr.Long%20Term%20Care.pdf and http://energycommerce.house.gov/Press_110/Penn%20Treaty.052307.Hunt.ltr.Long%20Term%20Care.pdf.
Share this article:

More in News

Nursing home antipsychotic use has dipped nearly 19% under national effort, latest figures show

Nursing home antipsychotic use has dipped nearly 19% ...

The percent of long-stay nursing home residents receiving antipsychotic medication has decreased 18.8% under a nationwide initiative that started in 2012.

Jimmo succeeds in getting Medicare coverage, two years after landmark case ended

Glenda Jimmo has reached a settlement with the federal government and will finally receive Medicare coverage for claims that were denied in 2007, which led her to file a class-action lawsuit over the so-called "improvement standard."

Breier named new CEO at Kindred

Breier named new CEO at Kindred

Kindred Healthcare announced Thursday that it has chosen a new top executive to lead its push toward creating a mammoth national brand. Benjamin A. Breier, the company's current president and ...