Claim Example: Anthony Anthony’s goal was to age in place in the home he and his spouse* of 40 years loved. Planning ahead to accomplish his goal, he purchased an OmniFlex™ STC plan that included a $280 base Daily Benefit, a 360-Day Home Health Care Rider and 5% Simple Inflation benefit. He especially liked the built-in Fast-50™ benefit that pays first-day cash — even for help from a spouse*, family or friends.
Anthony owned his OmniFlex™ plan for 10 years before his health changed and he needed assistance. Due to the Inflation Benefit, his Daily Benefit had grown to $350, and he was pleased to learn his Fast-50™ HHC Benefit would pay $175 per day. Despite his challenges, his spouse*, Sandy, provided informal care at home. So at claim time, Anthony chose to collect his $175/day Fast-50™ HHC benefits, which began immediately and could be used in any way the family needed. After 6 months, Anthony recovered and regained his independence. His policy had paid a total of $31,500 in Fast-50™ HHC benefits.
The Power of the Fast-50 ™ Fast-50™ is a unique, built-in feature of OmniFlex™ Short-Term Care plans. This benefit pairs with the Facility Care Benefit and/or Home Health Care Benefit, if selected, and allows you to receive 50% of your Daily Benefit, without first satisfying your elimination period . Anthony’s story above is not unique. Many individuals want to remain in their home for as long as possible. And when the need for care arises, they turn to a spouse*/partner, family member or trusted friend for help. The first-day cash from Fast-50™ can provide the perfect solution. Not an actual policyholder or claim example - for example purposes only. OmniFlex™ allowed Anthony to recover in his own home, with care provided by a caregiver of his own choice. He still had 6 months remaining in his Benefit Period, should his need for care return in the coming weeks and months. Better yet, if fully recovered, he had peace of mind knowing his OmniFlex™ plan automatically included Restoration of Benefits.
*In NV, and OR, spouse or domestic partner; In RI, spouse or civil union partner.
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