LTCI

The Helper Bees and BBC Maestro Partner to Revolutionize Holistic Wellness for Older Adults with Best-In-Class Learning Content

Retrieved on: 
星期三, 三月 13, 2024
Ageing, Partnership, Music, Medicare, Learning, Long-term care insurance, LTCI, Toy

AUSTIN, Texas, March 13, 2024 /PRNewswire/ -- The Helper Bees, a leader in holistic wellness and independence programs for older adults, is thrilled to announce its partnership with BBC Maestro, a renowned platform for online learning.

Key Points: 
  • AUSTIN, Texas, March 13, 2024 /PRNewswire/ -- The Helper Bees, a leader in holistic wellness and independence programs for older adults, is thrilled to announce its partnership with BBC Maestro, a renowned platform for online learning.
  • "We are delighted to join forces with The Helper Bees to empower older adults with accessible and engaging learning experiences," said Spencer Gillman, Chief Strategy Officer at BBC Maestro.
  • This collaboration between The Helper Bees and BBC Maestro transcends traditional wellness programs by offering educational content focused on the inspirational and creative aspects of well-being.
  • For more information about The Helper Bees and their partnership with BBC Maestro, please visit thehelperbees.com/bbc-maestro/.

NAIC Announces 2023 Regulatory Priorities

Retrieved on: 
星期一, 二月 13, 2023
Organization, National Association of Insurance Commissioners, LTCI, Catastrophe, Macroprudential regulation, Missouri Department of Social Services, Finance, MSA, National Flood Insurance Program, Commerce, Privacy, NAIC, Climate, Innovation, Environment, COE, Long-term care insurance, Multistate Anti-Terrorism Information Exchange, Insurance, Risk management, Computer security

WASHINGTON, Feb. 13, 2023 /PRNewswire/ -- Today, the National Association of Insurance Commissioners (NAIC) announced its strategic priorities for 2023.

Key Points: 
  • WASHINGTON, Feb. 13, 2023 /PRNewswire/ -- Today, the National Association of Insurance Commissioners (NAIC) announced its strategic priorities for 2023.
  • Each year, NAIC Members finalize the priorities and discuss potential workplans after assigning committee responsibilities .
  • "Our plans for 2023 position us well to continue to advance state-based solutions on current challenging issues.
  • In 2023, the NAIC will further equip consumers by creating a customized search tool to access the license status of insurance producers selling health insurance.

Long-Term Care Insurance, A Treasured Resource for the Millions Needing Assisted Living or Memory Care According to Belmont Village

Retrieved on: 
星期二, 十一月 29, 2022
Professional Services, Health, Consumer, Seniors, Insurance, Health Insurance, Managed Care, Marketing, Life expectancy, Heart, Injury, IRA, American Association for Geriatric Psychiatry, MS, Policy, Parkinson's disease, FORTUNE, Baptist Health, LTC, Insurance, Caregiver, Long-term care, Ageing, Accident, IRS, Health, UCLA, LTCI, Coral Gables, Florida, Safety, Health insurance, Life insurance, USC

However, if a chronic condition strikes in their late 40s or 50s, qualifying for long-term care insurance may no longer be an option, says Jacqueline McGrade, sales and marketing director at Belmont Village Senior Living Coral Gables.

Key Points: 
  • However, if a chronic condition strikes in their late 40s or 50s, qualifying for long-term care insurance may no longer be an option, says Jacqueline McGrade, sales and marketing director at Belmont Village Senior Living Coral Gables.
  • More information can be found at The American Association for Long-Term Care Insurance advocates ( https://www.aaltci.org/tax ) or call 818-597-3227 to connect with a long-term care insurance professional.
  • Founded in Houston in 1998, Belmont Village is an integrated developer, owner, and operator of high-quality seniors housing with more than 4,000 employees.
  • Recently, Belmont Village and Baptist Health broke ground on an innovative senior living community in the heart of Coral Gables.

The Helper Bees Announces Call For Service Providers To Transform Aging-In-Place In America

Retrieved on: 
星期四, 四月 28, 2022
Technology, Health, Insurance, Consumer, Other Health, Residential Building & Real Estate, Professional Services, Construction & Property, Mental Health, Software, Managed Care, General Health, Seniors, Nursing, Solution, Program, Time, Overalls, Pest control, MA, Ageing, Mental health, PACE, Medicine, Technology, Growth, Credentialing, Meal, Institutionalisation, Transport, Adoption, Doctor of Philosophy, Long-term care insurance, Helper, LTCI, RFI, Quality control, Medicare, Health insurance, Beekeeping

The Helper Bees is currently working with several payers to deliver a broader range of supplemental services to members such as rides, meals, home modification, pest control, errands and more.

Key Points: 
  • The Helper Bees is currently working with several payers to deliver a broader range of supplemental services to members such as rides, meals, home modification, pest control, errands and more.
  • Given this diversity of needs, The Helper Bees is seeking information from providers to help guide future innovation within the program and support independent aging in America.
  • The Helper Bees is looking for providers who can:
    Support aging-in-place to reduce overall healthcare costs, improve health outcomes, and lower institutionalization rates
    The ultimate goal is helping older adults maintain their independence, said Char Hu, PhD, The Helper Bees CEO.
  • The Helper Bees encourages qualified providers national brands as well as local independents to join the network within the following categories:

The Helper Bees Secures Series B Funding to Empower Americans to Age Independently in the Comfort of Their Own Homes

Retrieved on: 
星期二, 一月 11, 2022
Technology, Insurance, Seniors, Professional Services, Software, Managed Care, General Health, Consumer, Health, Data Management, General partnership, Technology, Oklo, Venture round, Trust, Long-term care insurance, Organization, Helper, Population, Ageing, Growth, AARP, CEO, Solution, Insurance, Acquisition, Industry, Medicare, Marketplace, MA, Congress, LTCI, 3D, ICON, Compliance, Silverton Partners, Policy, Medicare Advantage, Health insurance, The Helper Bees, Trust Ventures, THE HELPER BEES, TRUST VENTURES

The new round of funding comes on the heels of The Helper Bees significant growth in recent months.

Key Points: 
  • The new round of funding comes on the heels of The Helper Bees significant growth in recent months.
  • The Helper Bees enables older adults who want to age independently at home to do so with support of their insurance carriers.
  • To meet this new demand, The Helper Bees convened a network of in-home service providers onto a single delivery platform.
  • The Helper Bees is an insurtech company delivering solutions that allow older adults to successfully age in place.

November 2021 - Long Term Care Awareness Month: Genworth's Beyond Dollars Study 2021 Shows Increasing Need for Long Term Care and Reliance on Family Members

Retrieved on: 
星期一, 十一月 1, 2021
People, ACT, Woman, Weight gain, Rehabilitation, Research, Executive summary, Government budget balance, Nursing, Caregiver, Knowledge, Long-term care, Family, Child, Insurance, LTCI, LTC, NYSE, Hardship post, Medicine, Time, Thought, Income, GNW, Ageing, CEO, Economics, COVID-19, Man, Sleep deprivation, Male, Friends, Solution, Health, Accident, African Americans, Executive, Female, Long-term care insurance, Employment, Population, Guilt, Prevalence, Insomnia, Consumer, Animal, Residential care, Health insurance

The study documents the impact of caregiving on families beyond the cost of long-term care services, which Genworth tracks in its annual Cost of Care Survey .

Key Points: 
  • The study documents the impact of caregiving on families beyond the cost of long-term care services, which Genworth tracks in its annual Cost of Care Survey .
  • People prefer care at home, but there are challenges: A large majority of care recipients 79% in 2021 prefer at-home care to facility care.
  • Long Term Care Insurance (LTCI) can provide flexibility in where care is received, as well as peace of mind.
  • Qualified participants included 963 people providing long term care to loved ones (caregivers), 299 care Recipients and 63 family members with detailed knowledge of a long-term care event in their family (but not responsible for providing care).

A New Provider Marketplace From The Helper Bees Will Transform Aging In Place In America

Retrieved on: 
星期二, 九月 21, 2021
Technology, Insurance, Seniors, Professional Services, Software, Managed Care, Health, Consumer, Data Management, Language, Insurance, Helper, Solution, Ageing, Transport, Medicare, CEO, Acquisition, Medicare Advantage, Pest control, PACE, Family, Meal, LTCI, Long-term care insurance, Intelligence, Contract, Machine learning, THB, Time, Health insurance, The Helper Bees, healthAlign, THE HELPER BEES, HEALTHALIGN

Through a self-serve portal, users have direct access to the care and support services that are essential for independent aging.

Key Points: 
  • Through a self-serve portal, users have direct access to the care and support services that are essential for independent aging.
  • The marketplace brings together a network of thousands of providers of in-home care, meals and nutritional support, transportation, home modifications, pest control, and errands.
  • I often pose the question what does it really take to live and age in place?, said Char Hu , CEO of The Helper Bees.
  • The Helper Bees (THB) is an insurtech company, successfully improving the home care experience for both payers and care recipients.

Milliman and The Helper Bees to offer innovative long-term care solution for aging-in-place payers and policyholders

Retrieved on: 
星期二, 四月 6, 2021
Business intelligence, Articles, Formal sciences, Milliman, LTCI, Business, Predictive analytics, Insurance, Analytics, Economy

Combined with growing LTC costs, this lack of information can create strain for payers and increased rates for policyholders.

Key Points: 
  • Combined with growing LTC costs, this lack of information can create strain for payers and increased rates for policyholders.
  • Milliman LARA leverages the industry-renowned expertise of Milliman consultants to uncover powerful insights about an LTCI population using predictive analytics, claims data, and proprietary data sets to identify high-risk policyholders.
  • "Combined with The Helper Bees aging-in-place care concierge offerings, we believe we can improve the product experience for both payers and policyholders."
  • "The Helper Bees' Care Concierge program is proud to be recognized and selected as a collaborator for Milliman's LARA group," said Char Hu, Founder and CEO of The Helper Bees.

Montoux and Oliver Wyman collaborating to help long-term care insurance providers unlock in-force management value

Retrieved on: 
星期二, 三月 9, 2021
LTCI, Insurance, Oliver Wyman, Wyman, Actuarial science, Keast, Service industries, Articles, Knowledge

According to LTCG, nationwide long-term care costs exceed $200 billion , leaving LTCI carriers with significant liability.

Key Points: 
  • According to LTCG, nationwide long-term care costs exceed $200 billion , leaving LTCI carriers with significant liability.
  • "We are excited to work with Montoux as they help LTCI carriers unlock the value of applying third-party data to their in-force blocks.
  • This will likely help identify at-risk policyholders and to better understand their needs and preferences as they age," says Vince Bodnar, Partner and Long-Term Care Practice Leader at Oliver Wyman Actuarial.
  • Montoux and Oliver Wyman are dedicated to helping tackle these issues and identify opportunities to simultaneously improve capital efficiency and policyholder value," says Montoux CEO Geoff Keast.

American Academy of Actuaries Examines COVID-19's Potential Impacts on Long-Term Care Insurance

Retrieved on: 
星期二, 一月 26, 2021
Articles, Health, Occupational safety and health, Academic disciplines, Elderly care, Actuarial science, LTCI, Long-term care insurance, Impact of the COVID-19 pandemic, Coronavirus disease, Actuary, Insurance

"The elderly, who most benefit from long-term care services, have as a group experienced an outsized toll from the COVID-19 pandemic, adding to our sense of need to assess the pandemic's consequences for long-term care insurance," said Bruce Stahl, a member of the Academy's Long-Term Care Reform Subcommittee, which authored Impact of COVID-19 on Long-Term Care Insurance.

Key Points: 
  • "The elderly, who most benefit from long-term care services, have as a group experienced an outsized toll from the COVID-19 pandemic, adding to our sense of need to assess the pandemic's consequences for long-term care insurance," said Bruce Stahl, a member of the Academy's Long-Term Care Reform Subcommittee, which authored Impact of COVID-19 on Long-Term Care Insurance.
  • "Adjustments to underwriting and persistent low interest rates are COVID-19-related impacts already clearly affecting LTCI.
  • More time and experience will tell if there are other consequential effects, such as a shift from facility to home care settings, or increased care needs for COVID-19 survivors."
  • The American Academy of Actuaries is a 19,500-member professional association whose mission is to serve the public and the U.S. actuarial profession.