OmniFlex™ | Short-Term Care
Part of the ManhattanLife Lighthouse Series, OmniFlex™ Short-Term Care is an affordable insurance plan that offers flexibility, customization and simplified underwriting. It is designed to financially help individuals who are faced with the physical challenges caused by an injury, illness or unexpected medical condition. When a policyholder needs assistance with two or more Activities of Daily Living such as bathing, dressing and transferring, or suffers from a cognitive impairment, the OmniFlex™ Short-Term Care insurance plan can help lessen expenses incurred from care received.
Plan now for peace of mind later when having to deal with the unexpected.
Some of this product's defining features.
Prescription Drug Benefit
The policy includes a benefit of $10 for each generic or $25 for each brand name prescription drug, up to a policy built-in year maximum of $300.
Fast-50 Benefit
The Fast-50 Benefit waives the elimination period (the time after coverage begins until the insurer begins paying) and pays a first-day cash benefit equal to 50% of the policyholder's accumulated daily benefit (the maximum amount the policy will cover each day care is received).
Bed Reservation
The Bed Reservation benefit will reserve the policyholder's room for up to 10 days at the facility where the policyholder resides in the event they are admitted to a hospital, with a lifetime maximum of 20 days.
Simple Inflation Option
This add-on allows the policy's benefits to grow 5% beginning on the 6th policy anniversary date and increase by the same dollar amount each subsequent anniversary, until your daily benefit reaches double its value.
SHORT-TERM CARE STATISTICS1
$113,325
The annual median cost for a semi-private room was $111,325 in 2024.
$149,611+
The projected annual median cost for semi and private rooms in 2034 is $149,611+.
$127,750
The annual median cost for a private room was $127,750 in 2024.
