Faegre Drinker is a proud sponsor of the upcoming Intercompany Long-Term Care Insurance Conference Association (ILTCI) virtual event. The conference, the largest multidisciplinary long-term care conference in the U.S., kick offs Tuesday, April 13 with a general session followed by educational sessions every Tuesday and Thursday through April 29.
Several of our insurance professionals will be speaking during the educational sessions this year, including during the Aging in Place and Legal, Compliance & Regulatory tracks. Here is a closer look at those sessions:
Adverse Decisions: Considerations for Determining Risk Tolerance
Thursday, April 15, 3 - 4 p.m. ET
Adverse decisions are one of the most challenging and important functions in any claims department. In this panel discussion, we will evaluate some of the many nuances to adverse decisions, including risk tolerance, challenging and evolving state regulations, policy interpretation issues and effective policyholder communications. The session will conclude with a series of difficult, hypothetical adverse decisions to illustrate the many challenges that emerge with adverse decisions and to highlight best practices for effective processes, while leveraging the panelists’ collective experience.
Speakers: Julie Belknap (Continental LTC), Steven Brogan (Faegre Drinker), Jon McElhaney (Northwestern) and Cassandra Prebis (OneAmerica)
Provider Qualification – Applying Old Definitions to New Providers
Thursday, April 20, 2 -3 p.m. ET
Policies that were written many years ago often do not address providers types that have come into existence in the past decade or two – how does a Claims shop manage old policy language with new provider types?
Speakers: Courtney Colby (Thrivent), Charles Jenkins (CNA), Angela Shire (MedAmerica), Sandy Jones (Moderator, Faegre Drinker)
How to Communicate With Policyholders
Thursday, April 22, 12 - 1 p.m. ET
Policyholder communications can be expensive. Lapse designees and privacy mails are required but is there value in other types of communications to policyholders? The panelists will discuss how their companies approach policyholder communications and their rationale.
Speakers: Beth Acerbo (MetLife), Andy Freedman (Assured Allies), Jessica Loesing (Faegre Drinker) and Sharon Reed (LTCG)
Thursday, April 22, 3 - 4 p.m. ET
This year brought another year of claims and rate increase litigation in the long-term care insurance sector. Although the incidence of litigation surrounding long-term care insurance is still considerably lower than other insurance lines, as the number of claims increases, the number of lawsuits does as well. This session will examine the most recent trends in long-term care insurance litigation, and focus on the issues and legal principles that are most commonly involved in current litigation.
Speakers: Sandy Jones (Faegre Drinker), Amy Kline (Saul Ewing LLP) and Angela Shire (MedAmerica)
Rate Increase Innovation: What’s Next in Mitigation, Communication & Implementation
Tuesday, April 27, 2 - 3 p.m. ET
Rate increases continue to be a necessary component of long-term care insurance administration. As the need for rate increases has persisted, however, carriers and regulators have faced the continuing balancing act of servicing a primarily elderly client base while maintaining financial stability for blocks of long-term care insurance. Increasingly, companies and regulators have looked at unusual and creative options that will permit rate increases, but allow policyholders mitigation options that might be suitable for them. This session will examine the current regulatory environment around rate increases and the options offered by carriers as part of the regulatory approval process.
Speakers: Ralph Donato (LTCG), Afik Gal (Assured Allies), Marie Roche (John Hancock), Nolan Tully (Faegre Drinker) and Kristen Weil (Dentons)
Legal and Regulatory Considerations for Aging in Place Programs
Thursday, April 29, 2 - 3 p.m. ET
Explore some of the key regulations that influence aging in place services and how regulators are reacting to the emergence of activity in this space.
Speakers: Fred Andersen (Minnesota Department of Commerce), Hugh Barrett (Prudential), Charlie Philbrook (John Hancock) and Nolan Tully (Faegre Drinker)
Guaranty Association Considerations: Recent Developments & What You Need to Know
Thursday, April 29, 3 - 4 p.m. ET
Join a roundtable discussion of guaranty association considerations with perspectives from a variety of stakeholders. People close to the issues will share their perspectives and insights and participate in an audience Q&A.
Speakers: Vince Bodnar (OliverWyman), Caryn Glawe (Faegre Drinker) and Pamela Olsen (Pamela Epp Olsen Law)