Home Care Plus Insurance Plans

Why Plan Ahead for Home Care?

Planning for unexpected health issues is crucial for protecting your finances and ensuring you have choices for your recovery.

• The number of Americans over age 65 is expected to rise from 56 million in 2020 to 84 million by the year 2050.
• An estimated 40% of these adults will require daily assistance.
• Currently, about 73% of long-term care at home is provided by informal caregivers, such as family members and friends, who receive no compensation for their time.
• Many seniors mistakenly believe that Medicare covers the entire recovery period at home, but it actually has restrictions and limitations for skilled home care assistance.
• Adults aged 75 and older have an emergency room visit rate of 66 visits per 100 people, which is higher than the rate for all other age groups except infants.

Core Plan Benefits

Home Care Plus insurance plans allow you to recuperate comfortably in your own home with skilled assistance when faced with a medically necessary need.

• Home Care Indemnity: This benefit pays up to a $1,500 weekly maximum for in-home care provided by a practitioner or qualified staff member. You have the choice of covered weeks (13, 26, 39, or 52 weeks) and waiting periods (0 or 20 days).
• Daily Hospital Indemnity: This provides up to a $400 daily maximum for each day of hospital confinement, including observation stays. It provides 31 days per period of care with a lifetime maximum of 360 days.
• Eligibility: Both of these base benefits are issued to individuals aged 50 to 89.
• Flexible Therapy Coverage: The plan covers physical, speech, and respiratory therapies, as well as other medically necessary treatments.

Optional Plan Add-Ons

You can customize your coverage with the following optional riders, which are also available for issue ages 50 to 89:

• Lump Sum Cancer Fixed Indemnity Rider: This provides a one-time lump sum benefit of $2,500, $5,000, or $10,000 upon the first occurrence of medically diagnosed cancer.
• Hospital Emergency Room Visit and Ambulance Service Indemnity Rider: This rider pays a $200 benefit for a medically necessary emergency room visit or ambulance service. This benefit can be used up to twice per calendar year and has no lifetime maximum.

The Advantage of Choosing Home Care Plus

• You decide exactly how to spend your benefits, which are paid directly to you or to a medical provider that you designate.
• Benefits are non-taxable and are paid in addition to any other health care coverage you currently carry, including Medicare.
• The insurance policy is guaranteed renewable as long as your premiums are paid on time.