Wellabe launches flexible short-term care insurance plan

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Wellabe announced a new short-term care insurance plan underwritten by Medico Insurance Co. designed to help customers age in place and maintain flexibility with their health or recovery needs. According to a news release, this is the first product launched under the company’s new brand, and is home health care-based with the option to include additional benefit periods for care received in a facility, like a nursing home or assisted living facility. It also has the option to add coverage for days spent in an adult day care for those needing minimal assistance in a group setting. The plan provides coverage for both medical and non-medical assistance, with policyholders being able to select a daily benefit amount for up to 360 days of care. To learn more, visit the website.