Short Term Recovery Care ???

[Mike Siegal]

Hi Friends,

Just recently heard about these plans but know little about them. My understanding its a policy that covers short term HOME HEALTH CARE (basic needs while recovering)

• -I'm reading they basically provide ONLY 60 day HH care...is this true?
• -If above is true, why wouldn't someone just use their HH medicare benefits?

I put in a call to some of the companies that write these; looking for feedback when they return my call.

Anyone have knowledge of how these plans work?

Thanks for your Help...

 

[Mike Siegal]

I just found out that Guranteed Trust Life does not underwrite in Florida.

 

[goillini52]

I just found out that Guranteed Trust Life does not underwrite in Florida.

How about United National Life. Same policy as GTL(their sister company).

 

[yankee466]

Florida does not apparently like Short Term care plans. Move your clients to Georgia and you'll have lots of good options to sell them.

 

[kpbdy99]

I've written a couple, as a last resort. All we have in Maine is Medico, but in NH I can use GTL. I don't use them unless a client's already been declined for long term care insurance, and then only if I can't make a Life & LTC or chronic illness rider work.

 

[goillini52]

I've written a couple, as a last resort. All we have in Maine is Medico, but in NH I can use GTL. I don't use them unless a client's already been declined for long term care insurance, and then only if I can't make a Life & LTC or chronic illness rider work.

He's talking about stand a lone Home Heathcare policies. The title of the thread is wrong. Last I looked Medico didn't have one.

As far as Short Term Nursing Home policies with home health care, there are quite a few companies in addition to Medico that have them.

 

[CALTCAgent]

California is another state that does not allow these plans. I have heard various reasons over the years. I think only Bankers Life has these plans here. Not sure if they still do though.

 

[Mike Siegal]

How about United National Life. Same policy as GTL(their sister company).

I asked that Rep Demetri...he plead ignorant (didn't know any other companies that wrote this in Fla.).

Hmmmm...anyone else know?

??

 

[Mike Siegal]

Ok,...so here's my results

-UNL, doesn't write SHORT TERM CARE (in fla)
-Medico, doesn't write SHORT TERM CARE (in fla)
-GTL, doesn't write SHORT TERM CARE (in fla)

BACK to square 1 ....

 

[goillini52]

Ok,...so here's my results

-UNL, doesn't write SHORT TERM CARE (in fla)
-Medico, doesn't write SHORT TERM CARE (in fla)
-GTL, doesn't write SHORT TERM CARE (in fla)

BACK to square 1 ....

Try Aetna, Bankers Fidelity and Standard Life & Accident.