We are excited to announce a new product which fits perfectly with this month. November is National Home Care & Hospice Month, and our new product is Transitions – Short Term Recovery Care Insurance. Surely you have heard of Long Term Care Insurance, and the Short Term Recovery Care Insurance is similar in coverage. It differs, though, in the term of care and the cost is considerably less. Short Term Recovery Care Insurance is a great option for many different situations.
Transitions is for those unexpected illnesses or injuries that might leave you unable to perform daily living activities by yourself. It’s for the recovery time after you’ve been discharged from the hospital. Your health insurance has covered the medical expenses up to this point, and Transitions helps cover the expenses associated with making a full recovery. Benefits can be used in any licensed nursing facility, assisted living facility, home care, or an adult day care or hospice program. The daily benefit amount is flexible too; a maximum daily amount can be from $50 - $300 in ten dollar increments. The benefit period can be 100, 200, or 360 days.
Furthermore, the premiums of Transitions Short Term Recovery Care Insurance are much more affordable compared to a Long Term Care Insurance Policy. For example, a healthy 43 year old who selects a 200 day benefit at $210 daily, and a 20 day elimination period would pay around $45 a month in premiums.
Transitions is only available in certain states. If you're interested in this Short Term Care coverage, give us a call at 1-800-247-9889. For more information, click here for a brochure.