Short Term Care Insurance is Easy to Qualify For, Affordable & Quickly Issued
A Specified Benefit Home Health Care plan may be just right for many of your clients or their parents!
First, what is Short-term Care insurance? Short-term Care insurance is meant to prepare for the “what ifs.” If your client unexpectedly becomes injured, requires surgery, or experiences a medical condition or diagnosis that limits their ability to perform activities of daily living. Short-term Care insurance offer financial benefits for up to 12 months, so that some of the costs of medical and non-medical extended care needs are met. Most plans also include a prescription drug benefit of up to $25 per filled prescription with an annual policy maximum of $300 to $600!
It's true, Medicare Parts A and B cover some home health services and inpatient skilled nursing facility care costs, but they don’t cover extended care. Short-term Care insurance can help cover these gaps.
Short-term Care insurance is also an excellent option for those who don’t qualify for or can’t afford Long-term Care insurance and evenf for those who have comprehensive coverage and want "gap coverage". Most Long-term Care insurance policies have elimination periods of 90 days between the start of your illness or injury and when benefits become payable. Short-term Care insurance has a zero day elimination period and has fewer restrictions on the types of care it covers and who qualifies.
It's true, Medicare Parts A and B cover some home health services and inpatient skilled nursing facility care costs, but they don’t cover extended care. Short-term Care insurance can help cover these gaps.
Short-term Care insurance is also an excellent option for those who don’t qualify for or can’t afford Long-term Care insurance and evenf for those who have comprehensive coverage and want "gap coverage". Most Long-term Care insurance policies have elimination periods of 90 days between the start of your illness or injury and when benefits become payable. Short-term Care insurance has a zero day elimination period and has fewer restrictions on the types of care it covers and who qualifies.
We have two of the top carriers for Short Term Home Health Care Insurance
Carrier 1: Short Term Home Health Care policy provides a choice of up to to 3 daily benefit levels.
And up to $900 per year prescription drug indemnity benefits per each policy year!
The prescription drug benefits and the T-Care benefit makes this product a financial NO BRAINER for your clients:
T-Care is a $3,500 benefit paid to the policy owner: "After you have an approved Home Health Care claim and your family caregiver¹ has registered and gone through a caregiver assessment2 with TCARE, GTL will pay a $3,500 caregiver lump sum to your loved one. The caregiver benefit can be paid directly to you or you can assign it to your caregiver — the choice is yours."
Click here for an emailable Consumer e-brochure
Click below for what you need:
In Texas this policy has a Zero Day waiting period for home health care and a maximum of 360 lifetime days of benefit.
(Some states have a reinstatement of benefits provision, but not TX.)
This product can be applied for using a paper or online application and a face to face meeting is not required. E-App is MUCH BETTER TO USE!
AND/OR Short Term Nursing Home Product - Which can also include the TCARE rider when hhc is attached.
Click here to access TCARE details
And up to $900 per year prescription drug indemnity benefits per each policy year!
The prescription drug benefits and the T-Care benefit makes this product a financial NO BRAINER for your clients:
T-Care is a $3,500 benefit paid to the policy owner: "After you have an approved Home Health Care claim and your family caregiver¹ has registered and gone through a caregiver assessment2 with TCARE, GTL will pay a $3,500 caregiver lump sum to your loved one. The caregiver benefit can be paid directly to you or you can assign it to your caregiver — the choice is yours."
Click here for an emailable Consumer e-brochure
Click below for what you need:
- TEXAS only app set for review only - app should always be done online
- Small brochure with rates
- Consumer Brochure
- Rates and underwriting
- Sample Outline of Coverage and Consumer pages for Texas
In Texas this policy has a Zero Day waiting period for home health care and a maximum of 360 lifetime days of benefit.
(Some states have a reinstatement of benefits provision, but not TX.)
This product can be applied for using a paper or online application and a face to face meeting is not required. E-App is MUCH BETTER TO USE!
AND/OR Short Term Nursing Home Product - Which can also include the TCARE rider when hhc is attached.
Click here to access TCARE details
Carrier 2: This Short Term HHC policy provides a choice of up to 3 daily benefit levels.
And up to $600 prescription drug indemnity benefits per policy year.
Click below for what you need:
In TX this policy has a Zero Day waiting period for home health care and a 364 lifetime days of benefits with a reinstatement of benefits after 180 day recovery!
This product can be applied for using a paper or online application and a face to face meeting is not required.
And up to $600 prescription drug indemnity benefits per policy year.
Click below for what you need:
- TX Application for review - Apps always be done via agent portal
- Consumer Brochure
- Sample Outline of Coverage for Texas
In TX this policy has a Zero Day waiting period for home health care and a 364 lifetime days of benefits with a reinstatement of benefits after 180 day recovery!
This product can be applied for using a paper or online application and a face to face meeting is not required.
These products are very affordable, easy to understand and "almost" always issued so, the next time you have a client who cannot afford comprehensive LTC, or who can't qualify for it OR they just want a simple and affordable product, PLEASE contact Bill to go over the HHC options! By the way, "kids" can buy this for their parents too!
Contact Bill - 713-771-7226 or [email protected] to get specifics!
HHC product availability and benefits vary by state and may not be available in all states.
Contact Bill - 713-771-7226 or [email protected] to get specifics!
HHC product availability and benefits vary by state and may not be available in all states.