Chris Orestis

Chris Orestis
Education Bachelor's degree in communications and political science from Boston University
Occupation Co-Founder and CEO of Life Care Funding

Chris Orestis is a senior care advocate[1][2] and co-founder of Life Care Funding Group[3] in Portland, Maine.[4] He has spoken at senior care conferences including the American Association for Long Term Care Insurance,[5] The Harvard Club- Institutional Investors Conference,[6] National Conference of Insurance Legislators (NCOIL),[7] Senior Market Advisor Annual EXPO[8] and Life Settlements Conference. Orestis contributes to industry publications such as National Underwriter, Insurance News Net, and Society of Actuaries.[9][3][1]

Early life and education

Orestis grew up in Lewiston, Maine.[10] He grew up in a long-term care environment through his family who is the largest owner and operator of assisted living communities in Maine.[11]

Career

After graduation, Orestis worked in senior positions[1] with political campaigns before working with the White House and Senate Majority Leader in 1993 and 1994.[9][1] He was vice president for the Health Insurance Association of America and senior vice president of the American Council of Life Insurers.[9][3] In 2007, he founded Life Care Funding[1] and is CEO of the company.[9][12] Based on his vision to help elderly patients,[13] the business model is aimed at helping middle-class people afford long-term care.[14][15] Life Care Funding converts life insurance policies to pay for customer's long-term care.[4][10]

Orestis is a former Falmouth City Councilor,[4][10] and began serving on the advisory board to 3in4 Need More Association in 2012.[3][1][2]

Media

Orestis has written for many publications including National Underwriter, Insurance News Net, Agent's Sales Journal, Life Insurance Selling, Senior Market Advisor, Long Term Living Magazine, On the Risk, Society of Actuaries, HealthDecisions, ProducersWEB, and InsureIntell.[1][2]

Orestis co-authored the model for legislation specifically endorsing the Long Term Care Benefit Plan concept which has been introduced in the state legislatures of California, Florida, Georgia, Kentucky, Louisiana, Massachusetts, Maryland, Maine, New Jersey, Pennsylvania, Washington and passed into law in Texas and Kentucky.[16] To implement his ideas on senior care funding, he testified before the National Conference of Insurance Legislatures and state legislatures and governmental bodies.[1] He was a contributor to the Commission on Long-Term Care's report to Congress in 2013.[15][17] Orestis wrote Help on the Way, an e-book[18] which talks about funding long-term care.[19][20] It has been released as a free e-book.[14] Orestis also has a blog on senior living issues called Senior Living Blog.[1] He is also a contributing columnist as a blogger for A Place for Mom[21] and the Portland Press Herald.[22]

References

  1. 1 2 3 4 5 6 7 8 9 "Alternatives to Traditional Life Settlements: Maximizing Consumer Value in the Secondary Market". Society of Actuaries. Retrieved 23 June 2015.
  2. 1 2 3 "19th Annual Spring Life Settlement Conference". Lisa. Retrieved 23 June 2015.
  3. 1 2 3 4 "Author's Bio". insurancenewsnet. Retrieved 23 June 2015.
  4. 1 2 3 "Behind Maine's Long-term Care Curtain". The Unmasking of Maine. Retrieved 23 June 2015.
  5. "Converting Life Insurance To Pay For Long-Term Care". Fleetwood Onsite. Retrieved 23 June 2015.
  6. "Third Annual Institutional Investor Life Settlement Conference Set for March 11 in New York City". Life Insurance Settlement Association. February 13, 2013. Retrieved 23 June 2015.
  7. "Life Care Funding Group Testifies Before National Conference of Insurance Legislators". ProducersWeb.com. July 9, 2010. Retrieved 23 June 2015.
  8. Amy Guettler. "Political Leaders Vow to Help Seniors Pay for LTC Using Life Policies". Producers eSource. Retrieved 23 June 2015.
  9. 1 2 3 4 "Chris Orestis". Irving Levin Associates. Retrieved 23 June 2015.
  10. 1 2 3 Ben McCanna (May 28, 2014). "Consensus an issue in Falmouth council election". The Forecaster. Retrieved 23 June 2015.
  11. "Eating Lobster in Retirement: How One Firm Helps Seniors Find a Way". ALFA. Retrieved 23 June 2015.
  12. Melanie Waddell (September 9, 2013). "Big Questions Lurk in LTC's Future". ThinkAdvisor. Retrieved 23 June 2015.
  13. Valerie Vanbooven (December 3, 2013). "Home Care News: A Different Approach to Paying for Home Care- Educate Your Prospects.". Home Care Daily. Retrieved 23 June 2015.
  14. 1 2 "Facing the 'Silver Tsunami' crisis in America" (PDF). Heritage Florida Jewish News. May 16, 2014. Retrieved 23 June 2015.
  15. 1 2 Casey Dowd (September 19, 2013). "Why it's Time to Change Our Approach to Long-Term Care". Fox Business. Retrieved 23 June 2015.
  16. Donna Horowitz. "Georgia Medicaid bill introduced". The Deal. Retrieved 23 June 2015.
  17. "Commission on Long-Term Care Report to the Congress September 30, 2013". Commission on Long-Term Care. Retrieved 23 June 2015.
  18. "How to Pay for Senior Care with Limited Resources". Houston Style Magazine. August 13, 2013. Retrieved 23 June 2015.
  19. "Long-Term Care Crisis Prompts More Aggressive Collection Tactics". Sacramento Hospice. Retrieved 23 June 2015.
  20. ""Help me find hidden discounts!"". Womens World. October 13, 2014.
  21. "How to Stretch Your Dollars in Retirement". A Place for Mom. November 25, 2014. Retrieved 23 June 2015.
  22. "Welcome to 'Senior Living'". Portland Herald Press. January 27, 2015. Retrieved 23 June 2015.

Further reading

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