“Genworth Creates Discounted LTC Provider Network”

“Genworth Creates Discounted LTC Provider Network,” by Allison Bell, ThinkAdvisor

“Genworth hopes to provide discounts of more than 10% on home care services. Company negotiators can give providers access to 1.1 million with LTCI coverage. The insurer reported positive net income, in spite of the effects of new accounting rules. … The new CareScout program will offer employer-sponsored benefit plans, other long-term care insurance providers and Genworth’s own LTCI policyholders access to care providers who have signed a provider network agreement.”

LTC Comment, Stephen A. Moses, President, Center for Long-Term Care Reform:

Developments in keeping with LTCI’s new spirit of providing services in addition to financing.