NU Online News Service, March 28, 2005, 2:30 p.m. EST
Two service providers to the long term care insurance industry say they have developed a technology that can give early warning of failing cognitive abilities in LTC insurance applicants.[@@]
LifePlans Inc., Waltham, Mass., has joined with Medical Care Corp., Irvine, Calif., to develop and market the new technology, the enhanced mental skills test. The EMST screens individuals for early memory loss and seeks to differentiate treatable impairments from degenerative disorders such as early-stage Alzheimer’s disease, according to Medical Care.
The companies say they developed the technology in response to growing industry concerns about dementia claims. The test could be used by LTC insurers as part of their screening procedures when underwriting policies.