American Enterprise Group, based in Des Moines, announced that its subsidiary, Medico Insurance Co., has launched a new short-term care insurance product for AARP members in 17 states. “Our focus is on helping protect the health and wealth of our customers,” said Tom Swank, American Enterprise CEO. “We identified gaps in short-term care coverage for individuals over the age of 50 and designed this important insurance solution to strengthen an individual’s overall financial preparedness strategy and future care plan.” According to the Centers for Disease Control and Prevention, more than 4 million Americans have spent up to one year receiving care at a long-term health care or rehabilitation facility. Medico plans to add the coverage in additional states later this year.