Short-term care insurance is a type of insurance policy designed to provide coverage for short-term care services typically not covered by traditional health insurance or long-term care insurance. It bridges the gap between health insurance and long-term care insurance by offering benefits for temporary care needs.

Key features of short-term care insurance include:

1. Coverage Duration: Short-term care insurance provides coverage for a limited period, usually ranging from a few months to a year. It is designed to address short-term care needs and is not intended for long-term care services.

2. Covered Services: Short-term care insurance typically covers a range of services such as nursing home care, assisted living, in-home care, adult day care, and hospice care. It may also include coverage for rehabilitation services and medical equipment.

3. Flexibility: Policyholders can choose the level of coverage and benefits that suit their needs. Short-term care insurance offers flexibility in terms of coverage options, deductibles, and benefit amounts.

4. Cost: Premiums for short-term care insurance are generally more affordable than long-term care insurance premiums. This makes it a cost-effective option for individuals who need temporary care coverage.

5. Benefits Payout: When a covered event occurs, such as needing nursing home care or assisted living services, the policyholder receives benefits based on the policy's terms and conditions. These benefits can help cover the costs of care during the specified period.

Short-term care insurance provides peace of mind and financial protection for individuals facing temporary care needs. It offers coverage for essential services during transitional periods, ensuring access to quality care without depleting savings or assets. It's important to review policy details, coverage limits, and exclusions when considering short-term care insurance to find a plan that meets your specific needs and budget.