Long Term Care Insurance

Overview

Long Term Care (LTC) is the care people need when they can no longer independently perform activities of daily living such as bathing, dressing, toileting, continence or eating. LTC services also may be required due to a severe cognitive impairment (memory loss, dementia, etc.). Studies show that on average, LTC usage lasts about three years; however services may be needed for much longer for conditions such as Alzheimer's.

Unfortunately, health insurance plans offered through the workplace or on the individual market at best pay a small fraction of the cost of receiving Long Term Care services.

In order to make the best decisions about how to pay for Long Term Care, you should learn about the cost of care, what public programs you are eligible for and what they cover, what private financing options are available, and which ones work best for you. Please use the links below to gain a better understanding of Long Term Care planning. If you have specific questions or would like more personal attention, you can Request a Custom Quote.

• Why You Need to Have a Plan for Long Term Care
• Won't the Medicare Program Pay for My Long Term Care Costs?
• Will Public Assistance (Medicaid) Pay for My Long Term Care Costs?
• What Is the Cost of LTC Services Where I Live?
• What Is Long Term Care Insurance and How Much Does It Cost?
• How to Design a Long Term Care Policy to Best Meet Your Needs
• What are "Partnership" Long Term Care Policies?
• Financial Strength Ratings for Top Long Term Care Insurance Companies