HealthCap is governed by a Board of Directors / Subscribers' Advisory Committee entirely comprised of policyholders or their representatives. Each director is elected by our policyholders to serve a three-year term.
HealthCap Risk Management Services leads the industry in onsite risk consultations to senior care facilities. We've conducted over 8,000 onsite visits since our formation. Our risk management and education team is comprised of professionals with clinical, administration, and regulatory backgrounds in the senior care industry.
HealthCap Claims Management is unsurpassed in the industry. We beat the industry in several important metrics, including ultimate cost of claims, ultimate time to close, and total expense percentage. We utilize a proactive approach to handling claims, "triaging" each incident reported to us. This aggressive approach to managing claims has led to favorable results, and lower insurance premiums to our members.
HealthCap underwriters understand long term care liability risk. They work with risk managers, insurance agents and claim experts in a cross-disclipline effort to detrmine the optimal coverage position for our clients. Our underwriters are the most knowledgeable in the industry, leveraging the most innovative and complete long term care industry risk management and claim database in existence to set accurate pricing for the complete spectrum of senior care acuity and coverage.
HealthCap is administered by a group of insurance company specialists with broad experience managing conventional insurance companies, alternative risk entities, underwriting organizations, claim management operations, and risk management enterprises.