What is Long-term Care Insurance?
Long-term care insurance is day-to-day coverage for various situations. It does not mean that you must reside in a nursing home to be eligible. It is useful for those who need assistance with activities of daily living, home care, and adult day care. Long-term care coverage can vary but usually includes the following:
- Extended Nursing Home Stays
- Assisted Living
- Alzheimer’s or Memory Care Centers
- Adult Day Care Centers
- Home Health Providers
- Home Care (Policies Vary)
- Respite Care
- Hospice