The ILTCI aims to raise awareness of long-term care insurance and the effect it has on families
Portland, ME, March 16th – The 15th Annual Intercompany Long Term Care Insurance (ILTCI) Conference will take place in the Broadmoor, Colorado Springs from March 15-22, 2015. ClaimVantage will be on site offering information on their cloud-based claims processing software.
The theme for this year’s conference is “All Roads Lead Forward”; encouraging industry professionals to collaborate and raise national awareness of long term care (LTC) needs. The ILTCI’s key goals are to increase public awareness of LTC needs and the financing options, and fostering alliances between public and private sectors to educate Americans on the nature of LTC risks and their financial implications.
With over 70% of people over 65 needing long term care services at some point in their lives, this type of insurance is crucial. Addressing long term care costs early can alleviate the pressure on individuals and families later on. According to the American Association for Long Term Care Insurance, 8.1million Americans are protected with long-term care insurance.
As the volume of claims increases, the need for an efficient claim management system is crucial. Stop by Booth 29 to discuss processing LTC claims using the ClaimVantage platform with CEO, Leo Corcoran.
ClaimVantage provides Life, Health and Absence claim management software products to Insurance carriers, TPA’s, and employers, including two of the top 3 carriers in Canada, and two of the top ten carriers in the US. The company, with offices in Portland, Maine and Dublin, Ireland, provides efficient, accurate, and productive claims processing and absence management solutions to a wide-range of Insurance Companies, Third Party Administrators (TPAs), and employers. For more information about ClaimVantage, visit www.claimvantage.com.