Long-Term Care & Short-Term Care Insurance
Preparing for the unexpected is one of the most important steps you can take to help protect your retirement, and you’re already on the right path. Health events can happen at any stage of life, whether it’s recovery after surgery or needing ongoing support over time.
Download your free planning guide to better understand how care works, what it may cost, and how families prepare so you can take the next step with confidence.
Long-Term Care vs. Short-Term Care
Care needs are not always the same. Some situations involve temporary support during recovery, while others require longer-term assistance with daily living.
Short-Term Care typically helps during recovery from a surgery, illness, injury, or hospital stay. It may include rehabilitation services, therapy, or temporary assistance at home while someone works toward regaining independence.
For individuals dealing with chronic conditions, disabilities, or cognitive changes, ongoing support may become necessary. Long-Term Care focuses on helping with everyday activities such as bathing, dressing, mobility, meal preparation, and other personal tasks that allow someone to maintain safety and independence.
These services may be provided in a variety of settings—including at home, in assisted living communities, or in specialized care facilities. Understanding how recovery care and longer-term support differ can help families prepare for the financial and practical realities of future care needs.
If you’re unsure whether short-term or long-term care planning may be appropriate for your situation, call 1-888-560-2586.
Plan(s) may not be available in all states.
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Request Our Free Long-Term Care & Short-Term Care Planning Guide
If you’re beginning to explore care planning, our guide provides a helpful introduction to the key topics families often face.
The guide helps you:
- Understand the difference between short-term recovery and long-term care
- See how care is typically funded
- Avoid common misconceptions about coverage
- Plan early while you still have flexibility
Frequently Asked Questions
Answers about the program, including eligibility, options, customer service and more.
I’m young and healthy. Do I really need to start planning now?
It’s impossible to predict how long you’ll remain in good health or whether you might experience an accident, illness, or condition that requires extended care. Planning earlier allows you to review options while you still have flexibility and time to make informed decisions.
Fill out the form to get access to our guide for additional context on how to better prepare for long-term or short-term care.
When do people typically use Short-Term Care coverage?
Short-Term Care coverage is often used during recovery after events such as surgery, illness, injury, or a hospital stay. It can help provide financial support for rehabilitation, therapy, or temporary assistance while someone works toward regaining independence.
What happens if I wait to plan for my long-term care needs?
Your risk of being ineligible for any type of financial assistance including insurance may increase. The overall cost of insurance coverage will increase because premium rates are based on your age when you apply. If you don’t qualify for insurance because of a health concern, you could be left responsible for the cost of care if you need long term care services.
Can Short-Term Care coverage help with recovery at home?
In many cases, recovery support can be provided at home rather than in a facility. Depending on the coverage selected, benefits may help offset the cost of in-home care, therapy, or other services that support recovery in a familiar environment.
Won't the Federal Government pay for my long-term care?
Medicare provides minimal financial support for LTC services. Medicare was designed to pay for acute medical conditions and post-rehabilitative care; it was not intended to pay for costs associated with LTC. To qualify for nursing home care under Medicare, a three-day hospital stay is required, and care must be rehabilitative in nature. If these conditions are met, Medicare will pay for the first 20 days. Days 21-100 require a co-payment. There is no coverage after day 100.
What happens if I wait to plan for my long-term care needs?
Waiting may reduce your available options. As people age, eligibility requirements can become more restrictive and coverage costs may increase. If someone becomes ineligible due to a health condition, they may be responsible for covering the cost of care out of pocket.
Can I qualify if I already have existing health conditions?
In some cases, individuals with pre-existing health conditions may still qualify for coverage, although eligibility and pricing can vary. A licensed benefits advisor can review your situation and explain what options may be available.
Is long-term care insurance necessary if I have other types of insurance coverage?
While other types of insurance may cover certain medical expenses, they typically do not provide comprehensive coverage for long-term care services. Long-Term Care coverage is designed specifically to help address the costs associated with extended care needs.
Get More Information About Long-Term & Short-Term Care Plans
Our experienced team is committed to assisting you in navigating the complexities of both long-term and short-term care options. Call us today at 1-888-560-2586 to compare plans, understand your coverage options, and find the solution that best fits your needs and budget. You can also download our free guide to learn more about the differences between long-term and short-term care, how it’s funded, and what options you may have to care for your loved ones.