Recovery Care Choice

Why is it Important to Have This Plan?

Unexpected health issues can arise even for those who maintain a healthy lifestyle. Planning ahead ensures your preferences are respected and your needs are met when you are dealing with unforeseen accidents or illnesses.

• Hospital stays can be costly, often resulting in shorter admissions followed by expensive rehabilitation and therapy.
• The average annual cost of a semi-private room at a Skilled Nursing Facility is nearly $115,000.
• The average annual cost of an Assisted Living Facility is nearly $76,000.
• Medicare has significant limitations; for instance, it only pays for the first 20 days of skilled nursing care if admitted as an inpatient for at least 3 days, and it does not pay for any services or costs at assisted living facilities.
• With a Recovery Care Choice plan, you get to choose where and how you recover, ensuring you are not unsettled by an unfamiliar environment.

Core Plan Benefits

The Protection Series Recovery Care Choice plan offers foundational benefits to support your healing process.

• Eligibility: The plan is available for issue ages 40 to 89.
• Direct Payments: Benefits are paid directly to you or a medical provider that you designate.
• Supplemental and Tax-Free: Benefits are non-taxable and are paid in addition to any other health care insurance coverage, including Medicare.
• Daily Nursing Facility: Pays a daily benefit of up to a $700 maximum for nursing or assisted living facility care (including memory care) during periods of confinement. You can choose 90, 180, 270, or 360 covered days.
• Prescription Drug: Helps pay for prescription medications at $10 per generic prescription and $25 per brand name prescription, up to a $300 annual maximum.
• Bed Reservation: Helps pay to reserve your bed at a nursing or assisted living facility in case of a hospital readmission.
• Medicare Part B Excess Charge: Pays the difference between the Medicare allowed amount and the actual amount charged by your provider.

Optional Riders to Customize Your Care

You can further tailor your policy to fit your specific needs with a variety of optional riders.

• Home Care: Helps cover in-home recovery costs like nursing care and household tasks, paying up to a $2,100 per week maximum.
• Daily Hospital Confinement: Pays a daily amount up to a $700 maximum if you are confined to a hospital, which includes observation stays.
• Ambulance Transportation: Helps pay for ambulance rides to or from medical facilities or your home, with choices of $200, $400, or $600 per ride.
• Home Modification: Helps fund accessibility upgrades in your home, like installing ramps, up to a $2,500 lifetime maximum.
• Pet Boarding: Helps cover pet boarding costs so your companion is cared for while you focus on healing in a nursing home.
• Outpatient Rehab: Pays a daily amount for outpatient rehabilitation services in your home or at a facility.
• Mental Health: Helps pay for the costs of in-office or telehealth visits with licensed mental health professionals.
• Adult Day Care: Helps pay for health-related services, social engagement, and physical activities at adult day care centers.
• Inflation: Helps cover the increasing costs of daily care in a nursing or assisted living facility due to inflation.