Long-Term Care Insurer Genworth To Launch Senior Care Provider Network Business

Genworth Financial (Genworth) is preparing to start line of a fee-based senior care services business by July 1, 2023. During Genworth's fourth-quarter 2022 earnings conference call on February 7, 2023, the organization announced that its CareScout business will launch a line of four intensive senior care services business, including:

Fee-based Services Business: Will provide care navigation, support, and advice to existing long-term care (LTC) policyholders and new customers. This will include a digital platform to provide information and comparisons of local care options. A pilot is expected to launch by July, 2023 in the Southwest . . .