Senate Finance Member Seeks Information From Long Term Care Providers
October 1, 2007Senate Finance Committee ranking member Chuck Grassley (R-Iowa) this week asked 11 long-term care insurers to provide information on their business practices in response to “troubling data,” the New York Times reports. In a letter sent to Genworth Financial, Conseco, Penn Treaty American and eight other insurers, Grassley asked for detailed information on the procedures that the companies use to process policyholder claims, inquiries and denials, and whether employees receive rewards for claims denials.
