Long-Term Care Insurance
Most health insurance plans do not cover daily, extended care services and Medicare only covers short stays in nursing homes or limited at-home care under strict conditions. For these reasons, many people seek long-term care insurance. Depending on your coverage, a long-term care policy reimburses you for services to assist with daily living activities, including personal and custodial care. Policies offer many different coverage options, and prices are based on a number of factors.
Long-term care insurance not only helps you pay for the care you need but can also help safeguard your loved one’s financial future.