Recovery Care

Navigating health care after an unexpected illness or accident can be overwhelming, especially when considering that at least 70% of individuals over age 65 will require some form of long-term care services. While many rely on Medicare, it is important to understand its limitations. Medicare typically only covers the first 20 days of skilled care following a minimum three-day hospital stay and does not provide benefits for intermediate or custodial care. To bridge this gap, Recovery Care insurance plans offer a flexible solution that allows you to choose the level of comfort and the recovery location you deserve.

Financial Protection Against Rising Costs

Health care expenses are climbing steadily, making it vital to protect your family's finances from the impact of sudden medical needs. Currently, a private room in a skilled nursing facility costs nearly $112,000 annually, a figure projected to rise above $141,000 by 2030. Assisted living facilities show a similar trend, with costs expected to jump from $55,000 to over $70,000 per year in the same timeframe. Recovery Care plans help mitigate these costs by paying benefits directly to you—or a medical provider you choose—regardless of any other health insurance you may hold.

Tailored Care for Nursing and Assisted Living

The core of this protection is the Daily Nursing Facility benefit, which supports confinement in a nursing or assisted living facility. Unlike many traditional plans, this coverage does not require a prior hospital stay. You can select a daily maximum of up to $400 for a duration of 90, 180, 270, or 360 days. Eligibility is straightforward: the policy pays if a physician diagnoses a cognitive impairment or if you are unable to perform at least two activities of daily living, such as bathing, dressing, or eating. Additionally, the plan includes bed reservation coverage to ensure your spot is held if you must briefly return to the hospital.

Flexible Home Recovery and Hospital Support

For those who prefer the familiarity of home, the optional Home Care Rider provides a weekly benefit of up to $1,200. This rider covers both medical and non-medical services—ranging from physical therapy to meal preparation and shopping—provided you receive at least three professional home care visits per week. To ensure a comprehensive safety net, these plans also include a Daily Hospital Indemnity benefit. This pays up to $400 for each day you are confined to a hospital, including observation stays, helping to manage the high costs of hospital care that often lead to shorter stays and subsequent rehabilitation.

Important Policy Considerations

These plans are underwritten by Continental Life Insurance Company of Brentwood, Tennessee, an Aetna company, and are available to individuals between the ages of 50 and 89. The policies are guaranteed renewable as long as premiums are paid, and benefits are generally non-taxable. It is important to note that certain exclusions apply, such as treatments for mental disorders, substance use, or injuries sustained during high-risk activities like skydiving. Furthermore, pre-existing conditions are typically not covered unless the loss occurs more than six months after your coverage begins.