Conseco to introduce to the systems and the functional solution of long term care the group

carMEL, Ind., November 28 /PRNewswire FirstCall/ — Conseco, Inc.. mentioned today that it is thereby to introduce has, systems and functional solution made term available care of business in its other business in the discharge segment from long term care the Group, Inc. (LTCG) for certain Zurueckbuero functions long. Conseco announced early this year that it regarded this solution. Under the agreement:

— LTCG transfers responsibility for the customer attendance center and the processing of the continuing requirements and other negotiations for the 170,000 long term care political guidelines in the other business in the discharge segment. The parties expect that LTCG all requirements moves away to its systems up to the early 2009, and all politics line to its systems up to the 2010. The Conseco employee, who accomplishes at present these functions, becomes employees of LTCG. — for these political guidelines, Conseco keeps responsibility for output requirement decisions, requirement of resemblances and the financial report, and the Conseco employee, who accomplishes at present these functions, remains with the company. — Conseco keeps the whole policy concerned on its books and keeps also responsibility for all processing functions, which are referred to long term care the policy, which will geherausgeben by its bank experiencing and accident subsidiary.

Conseco CEO Jim Prieur said, “this is an important step, if it improves the achievement long term care of the business in the other business in the discharge segment. By extending our relationship to LTCG to the further systems of the lever strength LTCG’s and to the service oh knowledge, we handle this business better and serve better our customers.” “management crew Consecos is specified to excellent services totally to to make available and correct treatment from cases of damage to their evaluated insurants,”, said Peter Goldstein, LTCG president. “we are proudly to have been decided to be helped to obtain and look to long designation a relationship forward this goal.” LTCG CEO Bruce Baude said, “our company profits from adding the Conseco carmel staff. They are a group in high of degrees motivated and engaged individuals, who are passionate over their jobs. We are pleased to welcome it into our organization.” long term care Group, Inc. is the largest manager care term long the country and places services too over 30 long term care insurers including eight of the upper 10 for the order. The company offers complete politics policy including the application processing, first-class charge metering, customer service and requirements and care management. On adding LTCG has a durable advised practice to specialize in product development, risk management, observance and insurance-statistic services. Under mark careLink LTCG puts a full distance of the telephone and confidential estimates to its nation at the disposal, which generally use its net of the nurses. With nearly 1,000 employees and over 1 million political guidelines under management, LTCG in the Eden grass country, Minnesota is had and functional in the middle into double cities, in the Nashville and in the Orlando has. Conseco, assistance of companies insurance Inc. protect working American families and senior against financial misfortune: Medicare addition, long-term care, cancer, heart/stroke and accident-political guidelines protect people from unplanned main expenses; Bonds and life insurance products help people plan during their Geldtermingesch�efte. To more information web site attendance Consecos on www.conseco.com. Concerning caution rushing legend forwardlooking is statements. Our statements, trend analyses and other information, which will contain this Pressekommuniqu�s for products Consecos in relative.to the markets and in the tendencies in the enterprises or in the financial results Consecos, as well as other statements, contain statements within the meaning of the federal collateral of laws and the private collateral law case improvement act of 1995 forward to look. Forwardlooking statements usually by the use of designations as “to anticipate,” “believe,” “plan,” “estimation,” “expect,” “project,” “intend,” “be able,” “become,” “,” “consider marked,” “possible,” “attempt,” “search procedure,” “, if,” “,” a “goal,” a “goal, could” “on rail,” “comfortably also,” “optimistic” and similar words, although some forwardlooking statements are expressed differently than. They should regard statements, which contain these words carefully, because they describe our expectations, plans, strategies and goals and our faith is regarding the future business conditions, our results of the enterprises, financial situation and our business prospect or it indicates other one the information “, which forwardlooks”, which is based on at present available information. Acceptance and other important factors, which could arrange our actual results to differ from those materially which were anticipated in our forwardlooking statements, include, among other things: (i) our ability increases to achieve sufficient and rate within the prescribed period to our additional health products including our long-term care business; (ii) number of deaths, morbidity, consumption of the health care services, perseverance, the suitability of our preceding reserve estimations and other factors, which can affect the profitability of ours insurance products; (iii) changes in our acceptance, which produced at the expense politics or the value of political guidelines inforce at the effective date are referred; (iv) our ability anticipated to obtain reductions of expenses and levels of the functional efficiencies including improvements in the requirements awarding and continued automation and rationalization of the operating systems; (V) achievement of ours investments; (vi) our ability to mark products and markets in which we can compete against competitors with larger market share, higher evaluations, larger financial operational funds and stronger mark consciousness effectively; (vii) the crucial result of processes arranged against us and other certified and regulating procedures, to whom we are topic; (viii) our ability to the remediate material weakness in internal controls over the insurance-statistic reporting process, which we year end to 2006 on and effective controls over the financial report marked to maintain; to continue (ix) our ability, productive representatives and distribution of partners and customer answer to the new products to draw in and keep to the selling ways and to the marketing initiatives; (X) our ability degradiert to obtain an ascending of the financial strength evaluations of ours insurance company subsidiaries as well as the possible effect of the evaluation on our business; (xi) the danger factors or the uncertainties registered occasionally in our archivings with the collateral and exchange commission; (xii) regulating changes or activities, including regarding are regulation of the financial affairs of ours insurance companies, like the payment the regulation care from dividends to us, regulation of the financial services, those affect (among other things) bank sales and a signing insurance of the products, regulation of sale price firmly, signing and set of the products, and health, which affects health insurance products; (xiii) economic overall situations and other factors to sell including vorherschende interest rate levels, stock and credit market achievement and health care inflation, which (among other things) can affect our ability, products and capital on acceptable designations to make the return on and the market value accessible ours investments, and the mistake rate and the profitability of political guidelines; and (xiv) changes in in the laws and the regulations of the federal income tax, which can affect or which relative tax benefits of some our products to eliminate. Other factors and acceptance, which are not marked above, are relevant also to the forwardlooking statements and if they examine wrong, actual results could also arrange, from those materially to differ project. The completely written or forwardlooking mouth statements, which are zuzuschreibend us, are qualified expressly in their entireness by the preceding caution rushing legend. Our forwardlooking statements speak only starting from the formed date. We do not take an obligation to update or announce the results public to all possible New editions to any of the looking forward statements to reflect around actual results, future cases or developments, changes in the acceptance or to changes in other factors, which affect the looking forward statements.

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Health pro believes our pain

Most lucky enough to the credit health insurance by our employers it experiences us that ours CO-PAYS our premiums, our deductibles, or all three the strongly following year are. We are not alone. Some people in the medical community even believe our pain. Regard the experience of the employees at the Harris county-medical society. Before nearly three years, the society switched to the blue blue cross sign from Texas for medical insurance for its 21 employees. The society selected blue cross, because its rate was better than those of the competitors. But openings fell toward for the end of the yearly, when rate for renewal became to estimate. The society confronted a 22-Prozent-Zunahme of the premiums.

A net loss “we,” said Greg Bernica, Executivvizepraesident were quite more betaeubter of the society.

He said the fact that he went back on the market and found more carrier with the lower rate essentially. But the offer was not locking, until each employee filled six-side health questionnaire out. It failed to be low ball an offer. After it had analyzed the answers, competing moved more carrier its offer 30 per cent and formed it approximately equal blue cross. Thus the society with blue cross remained. But it main header its derivable by $500 on and lowered the rate migration to 9,4 per cent. “it hurt,” said Bernica. “it meant that some our lowpaying employees had a net loss of the income. Their increases did not cover the higher derivable.”

High rate, small subsidies last year, the increase was other 10 per cent. But up to then, Bernica had experienced the fact that her around a bookkeeping how much blue cross could please had out paid.

It fell during first year (real, 11 months) the blue cross had paid from 66 per cent of the premiums out, which it collected from 17 of the employees in the requirements for this group. For four employees, who had preselected a higher derivable plan, which includes health a savings account with, had the requirements only 9 per cent of premiums amounted to. Last year blue cross paid only 51 per cent in the requirements for the 17 employees and straight 17 per cent in the requirements for the four. “maintain health of plans that they spend 85 per cent of premiums on health care,” said Bernica. “if that applicable were many smaller, our praemienerhoehungen would have been.” It required more transparencies. Blue cross officials in Richardson said that it was not attached to regard a “Snapshot” from a small company to. Linza Jones, a specialist on small companies, said that the rate of the society was affected by the factors, which include his own employees and tendencies with the 19,000 companies in between five and 50 employees with include, with which it is grouped. Last year, which computes rate migration for the 19,000 companies average straight under 9 per cent, somewhat smaller than the 10-per cent increase, which paid the society matte Mize, said, a blue KreuzversicherunGSMathematiker. The two said that the increase of the society can have strongly been based on such factors like the age of its employees and the kinds of the medical arranged requirements. “we do not estimate a group at which in the past happened,” said Jones. “we must regard changes in the employing demography.” He explained that, if a small company replaces one retiring employees with a young worker she can lower rate. “also there can be medical conditions, which we paid on, or for this to have paid, the higher costs indicate to drugs we, which go forward,” said it. For the last two years employee has insurance rate risen little over 6 per cent one year national - more than twice the rate of the inflation - according to an overview by the emperors Familie basis and health research and educational confidence. Over the last six years premiums 78 per cent rose. Meanwhile inflation amounted to 17 per cent and wages 19 per cent ascended. A side effect grows tension between doctors, who see themselves, like, squeezing together through insurance companies, as well as Medicare and Medicaid, and insurance companies. Some studies indicate that real income of the doctors went down, while payment insurance company of the main leaders is high-flying. “we suffer from corporatized medicine,”, say Dr. Jose Rodriguez, to board-certified an orthopedic surgeon and of Houstons most passionate critics of the present financing system. An indicating tax document, it showing home approximately last year lasted $120,000, says it uneducated Buerokraten decides, which treatment it can give its patients, during insurance CEOs to ruehrstange in the millions. According to handled Healthcare main leader formed a office hours writing, two of the CEOs the upper for five health insurance companies last year approximately $20 million for each cash and stock in option. $18 million formed; other one, $12 million. The fifth had to rub past on $6 million, plus use for the health. To Dr. Rodriguez, who looks like a symptom. The problem finds a healing. They can at P.O. box 4260, at Houston, at TX 77210 or to the email it on rick.casey@chron.com write Rick Casey

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