Long-term care insurance pays for long-term care, either in a nursing home or at the patient’s home.
Long-term care refers to custodial care for those who need help with activities of daily living such as:
It’s important to note that Medicare does not cover most long-term care services. Some individuals who meet certain income and asset guidelines may have their long term care servicers paid for by Medicaid; however, for those who do not meet these guidelines will need to consider purchasing a long term care policy on their own.
Long-term care policies and their prices can vary significantly. Call us to explore your Long Term Care options today!