Senior Health Insurance Company of Pennsylvania ("SHIP") is a Pennsylvania stock limited life insurance company that administers a closed block of long-term care insurance policies. SHIP has not sold new policies since 2003. That is why its business is sometimes called a “closed block”. SHIP’s corporate office is located in Carmel, Indiana. SHIP’s Administrative office is located in St. Paul, Minnesota.
On January 29, 2020, SHIP was placed in rehabilitation by the Commonwealth Court of Pennsylvania. The Rehabilitation section contains Court Documents and other information about SHIP’s rehabilitation.
In September 2021, the Pennsylvania Commonwealth Court issued an order approving a Rehabilitation Plan for SHIP (“Approved Rehabilitation Plan”). As part of the implementation of the Approved Rehabilitation Plan, most policyholders had or will have a decision to make about changes to their policy’s premium rates and benefits. The Policyholder Elections section includes an Election Package Overview and helpful resources to assist policyholders in making their important decisions.