What Does Long-Term Care Insurance Cover?

Insurance policies are important but often misunderstood. Many people think their regular health insurance will cover necessary medical care, but this is often not the case. Long-term care insurance is a type of insurance that helps cover the costs of extended medical care. There are different types of long term care insurance, but most will cover common services. Below, we'll look at what long-term care insurance typically covers. 

Assisted Living Facilities and Nursing Homes 

One of the most common services covered by the best long term care insurances is the cost of assisted living facilities and nursing homes. Assisted living facilities are a type of housing designed for people who need help with everyday tasks, such as dressing. Nursing homes provide more intensive care for people who need constant supervision and medical care. Both types of facilities can be very expensive, so long-term care insurance can be a big help. 

Since these are both long-term care options, most policies will cover at least a portion of the costs. The amount covered will vary depending on the policy, but it is typically a percentage of the total cost. 

Home Care Services 

Another common service covered by long-term care insurance is home care services. Home care services are typically provided by nurses, home health aides, or other trained professionals. They can help with activities of daily living, such as bathing, dressing, and eating. They can also provide skilled nursing care, such as wound care or injections. 

Hospice Care 

The best long term care insurance covers hospice care. Hospice is a type of care that focuses on comfort and quality of life for people who are terminally ill. Hospice care focuses on comfort and quality of life rather than cure. Hospice care can be provided in various settings, such as the home, a hospice facility, or a hospital. It can also be provided by hospice nurses, home health aides, or other trained professionals.

Respite Care 

Respite care is a type of care that is provided to people who are caregivers. It is typically short-term care that gives the caregiver a break. Respite care can be provided in various settings, such as the home, an assisted living facility, or a nursing home. A long term care insurance company will typically cover respite care in the same way as it would cover other types of care. 

Personal Care Services 

Personal care services are a type of care that is provided to people who need help with activities of daily living, such as bathing, dressing, and eating. Personal care services can be provided in various settings, such as the home, an assisted living facility, or a nursing home. A reputable long term care insurance company will ensure that these services are covered. 

As you can see, long-term care insurance can cover various services. The exact services covered will vary depending on the policy. However, most policies will cover some or all of the costs of assisted living facilities, nursing homes, home care services, hospice care, respite care, and personal care services. Center for Long Term Care Planning is an insurance provider that offers different types of long term care insurance. If you are interested in purchasing a policy, contact us today. We would be happy to help you find the right policy for your needs.