Nolhga, Antares Management Solutions Conclude Claims Service Agreement.Business Editors & Health/Medical Writers CLEVELAND, Ohio "Cleveland" redirects here. For the Cleveland metropolitan area, see . For other uses, see Cleveland (disambiguation). Cleveland is a city in the U.S. state of Ohio and the county seat of Cuyahoga County, the most populous county in the state. and HERNDON, Va.--(BW HealthWire)--May 22, 2000 Antares Management Solutions has signed an agreement to manage policyholder claims processing for American Chambers Life Insurance Company on behalf of the National Organization of Life and Health Insurance Guaranty Associations (NOLHGA NOLHGA National Organization of Life and Health Guaranty Associations (Insurance) ) and the participating guaranty associations. As part of the agreement, Antares will administer both claims processing and premium collection for American Chambers, which was placed in liquidation on May 8. Antares will manage claims administration out of the Naperville, Illinois Naperville is a city in DuPage and Will counties in Illinois in the United States. As of the 2000 census, the city had a total population of 128,358; The United States Census Bureau estimated the population in 2006 at 142,901. office of American Chambers and will utilize a number of American Chambers employees. The engagement of Antares, by those guaranty associations electing to participate in the service agreement, will mean that policyholders and providers should notice no changes in the claims administration process. Policyholders should continue to make premium payments to keep their policies in force, unless otherwise notified. NOLHGA coordinates the efforts of its member associations affected by insurance company insolvencies. NOLHGA is a voluntary organization of all 52 life and health guaranty associations (including the 50 states, Puerto Rico Puerto Rico (pwār`tō rē`kō), island (2005 est. pop. 3,917,000), 3,508 sq mi (9,086 sq km), West Indies, c.1,000 mi (1,610 km) SE of Miami, Fla. and the District of Columbia District of Columbia, federal district (2000 pop. 572,059, a 5.7% decrease in population since the 1990 census), 69 sq mi (179 sq km), on the east bank of the Potomac River, coextensive with the city of Washington, D.C. (the capital of the United States). ). Guaranty associations, by law, provide a safety net for policyholders in the event of insurance company insolvency. Antares Management Solutions offers state-of-the-art computer systems and administrative services to businesses in the health insurance industry and other companies in the medical field. Headquartered in Westlake, Ohio, Antares has annualized annualized Of or relating to a variable that has been mathematically converted to a yearly rate. Inflation and interest rates are generally annualized since it is on this basis that these two variables are ordinarily stated and compared. revenues of $48 million. For more information, visit www.AntaresSolutions.com. |
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