Since my last article on short-term care (STC) policies was published in LifeHealthPro, I have received hundreds of calls from agents who said “I didn’t even know this kind of product was available.” While it’s true that only a few carriers offer this type of coverage today, I believe more will offer it as the population ages and the cost of traditional LTCi continues to climb.
To help my agents, I decided to put together a product comparison.
Click here to download an Excel spreadsheet version of the STC product comparison table.
Click here to see a PDF version of the STC product comparison table.
While researching the products I learned that information on STC is almost impossible to find on the internet. Whether you type in “STC” or “short-term care” or “recovery care” – what you normally end up with is short-term health insurance – a totally different animal. Because of this experience, I have also included the carrier’s websites and 800 phone numbers so any agent who wants more information can contact the carrier directly.