About SHIP

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 a decision to make about changes to their policy’s premium rates and benefits. Policyholder Election Packages were sent to almost 28,000 policyholders between 2022-2025. The Rehabilitator has completed all of the modifications required by the Approved Plan and all impacted policies have been modified accordingly.​

​