What is long-term care insurance?
This is an insurance policy that is designed to help cover the costs of medical, personal, and social services when you are unable to take care of yourself due to prolonged illness or disability. These policies usually pay for skilled, intermediate, and custodial care in a nursing home. Home health care, adult day care, and assisted living care are also often covered. These policies usually pay a fixed amount per day or per visit to facilities or caregivers that are licensed by the state and/or participate in Medicaid and Medicare.

Show All Answers

1. What is long-term care insurance?
2. Where can I find out more information about Long-Term Care Insurance?
3. What is the difference between a tax qualified and a non-tax qualified plan?
4. Does Medicare pay for long-term care?
5. Does Medicaid pay for long-term care?
6. How do I file a complaint?