OmniFlex ™ Short-Term Care
Welcome to the future of Short-Term Care. Introducing OmniFlex™: An affordable plan, offering unparalleled flexibility, customization and simplified underwriting. When you need assistance with two or more Activities of Daily Living (Bathing, Continence, Dressing, Eating, Toileting, or Transferring), or suffer from a cognitive impairment, OmniFlex™ Short-Term Care is there to help with many of the costs you will incur to receive care.
Add-Ons
Base Plan
Home Health Care Receive care in the comfort of your own home with our optional Home Health Care benefit. Benefits include, but are not limited to, nursing care, physical therapy and assistance with activities of daily living. Simple Inflation On the 6 th policy anniversary, benefits begin to grow 5% per year for 20 years until your daily benefit has doubled in value.
TM
Fast 50™ Waives the elimination period & pays 1 st day cash benefit equal to 50% of the accumulated daily benefit for care at home by a family member, loved one, or friend.
Restoration After 180 days in which no care is required and no benefits are paid out, the full benefit period restores.
Hospital Indemnity Daily cash benefit to help cover the costs of copays, deductibles and other miscellaneous hospital expenses.
Prescriptions Includes benefits for generic and brand name drugs up to a max of $300 per year.
Facility Care Benefits for Nursing Homes, Assisted Living and Hospice are customizable to your needs.
According to a 2022 Cost of Care Survey by Genworth, a private room in a nursing home costs $305 per day.3
A 2021 Census Bureau study found nearly 1 in 5 households (19%) couldn’t pay for medical care when it was needed.1
Over one-third (38.2%) of those applying between ages 65 and 69 who applied for long-term care insurance were declined.2
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Cost of Care 4
Annual Cost for a Private Room $127,750
Annual Cost for a Semi-Private Room $111,325
Estimated Annual Totals in 2030 $149,616 - Semi-Private $171,684 - Private
Base Plan Highlights
Facility Care
Facility Care
Facility Care Daily Benefit
$50 - $400
Daily Benefit: Elimination Period: Benefit Period:
Elimination Period
0, 20, 60, or 90 days
Benefit Period
90, 180, 270 or 360 days
Lifetime Maximum Benefit Period
2x Benefit Period
Bed Reservation Benefit
10 days (Lifetime Max 20 days)
Home Health Care
Built-in Benefits
$10 Generic / $25 Brand $300 Policy Year Max
Daily Benefit: Elimination Period: Benefit Period:
Prescription Reimbursement Drug Benefit
*$25 One-time Policy Fee Applies
Optional Benefits
Home Health Care
Home Health Care Daily Benefit
$50 - $300
Hospital Indemnity
Elimination Period
0, 20, 60, or 90 days
Daily Benefit: Benefit Period:
Benefit Period
90, 180, 270 or 360 days
Lifetime Maximum Benefit Period
2x Benefit Period Hospital Indemnity Benefit
Simple Inflation Yes No
Daily Benefit Benefit Period
$50 - $300
3, 6 or 20 days
Lifetime Maximum Benefit Period
180 days
Not all benefit and rider options are available in all states. See state-specific policy forms for details and definitions.
Contact: Email:
Phone:
SOURCE INFORMATION 1 https://www.forbes.com/advisor/debt-relief/medical-bankruptcies 2 https://www.aaltci.org/news/long-term-care-insurance-association-news/applicants-declined 3 Genworth Cost of Care Survey 2021, conducted by CareScout®, August 2022; www.genworth.com/coc (Based on Genworth’s 2022 Cost of Care Survey estimates with 3% annual) 4 2022 Milliman Long Term Care Insurance Survey, July 2022
Underwritten by: MahnattanLife Insurance and Annuity Company & Standard Life and Casualty Insurance Company Administrative Office: 10777 Northwest Freeway, Houston, TX 77092 / Toll Free Telephone: 800-669-9030
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