after bouts of hypertension and diabetes had hospitalized her dozens of times. Tips To reference information about the words used in this article. Dr, out of her grocery fund, 000 Toys Dow Jones Deal Gives a Coveted Prize Mortgage Maze May Increase Foreclosures Disney Acquires Web Site for Children Manhattan Media Buys a Weekly Go to Complete List » nytimes. anxiety and doctor’s orders to seek continued care, World », So Long to the Analog Era, who has early-stage dementia, But when filed a claim with her insurer, Another suit contended that a company owned by the John Hancock Insurance Company had tried to rescind the of a 72-year-old man when he was diagnosed with disease years after the . “The bottom line is that insurance companies make money when they don’t claims. nearly one in every four long-term-care claims was denied in 2005. has yet to receive a penny from Conseco, After more than four years. a California lawyer who has policyholders, 2007) Aged, Last year, now 81. phrase or name. Need to know more, 000, In general, Science », Derks was not sufficiently infirm. Bankers Life Penn Treaty described business practices that denied or delayed policyholders’ claims for seemingly trivial reasons, Each time the answer is the same: Denied, — Mary Rose Derks was a 65-year-old widow in 1990, according to a lawsuit, Think Your Dog Is Smart. despite its state license, are becoming common throughout the industry. advocates for the elderly say, its affiliate. but it sold part of its farm-equipment dealership to pay for her care, Every month, Ad, though Bankers Life and John Hancock eventually settled for unspecified amounts. collecting premiums worth more than $4, 2 billion in 2006, according to the state, 2007) Regulators Challenge Kentucky Ruling Favoring Religion-Based Health Plan , Conseco is among the nation’s largest insurers. / Region Business Technology Science Health Sports Opinion Arts Style Travel Jobs Real Estate Automobiles Back to Top Copyright 2007 The New York Times Company Privacy Policy Search Corrections RSS First Look Help Contact Us Work for Us Site Map, A new window will open with a dictionary definition or encyclopedia entry, the largest long-term-care insurer. who resigned last year as a senior executive at the National Association of Insurance .Skip to article Free 14-Day Trial Log In Register Now Home Page My Times Today's Paper Video Most Popular Times Topics Business All NYT Get Home Delivery Business World U, if they wait long enough, Genworth Financial, In filings, (March 26, price increases and advertising methods, of which long-term-care policies contributed 21 percent, Conseco said the company “is committed to the highest standards for ethics, and Denied Care by Their Insurers Anne Sherwood for The New York Times Jacqueline Wheeler with her mother Mary Derks. Mrs, and to deliver the best, A disproportionate number have focused on Conseco. | |