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Long Term Care
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You can get long-term care at home, in the community, in assisted living or in nursing homes.
Keep in mind that Medicare does not pay for nursing home care for long-term stays or for assisted living.
Medicare pays only for medically necessary skilled nursing facility or home health care, and in most cases, only on a part-time or 'intermittent basis.'
Long-term care services can be very expensive. That is why it is important to plan for this in advance and get long-term care insurance to help pay for these costs.
Without long-term care insurance, a year’s stay in a nursing home (estimated at $30,000 - $80,000 per year) or in an assisted living facility (averaging between $24,000-30,000), can wipe out your savings and leave your spouse or family without financial resources for living expenses.
It is very important to think about long-term care before you may need care or before a crisis occurs.
The long-term care insurance premium depends on a combination of your age, your health, the extent of the coverage you're buying, and the age at which you first purchased the policy.
So it is best to get long-term care insurance before you even reach your senior years, while you are still young and healthy.
Click here to get a Free Quote for Long Term Care Insurance.
Long-Term Care: What You Need to Know
Long-Term Care: Where to Start
What are your Long-term Care choices?
Criteria for Choosing Long-Term Care
Making a Smooth Transition
Back to Guide to Affordable Senior Health Insurance
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Make Long-Term Care Coverage a Priority
Plan your long-term care in advance. Know what factors to consider in planning long-term care.
Leaving the Hospital, Going to the Nursing Home
How to find the right nursing home for you or your loved one.
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Long-Term Care Insurance | Medicare | Medicare Advantage | Medigap | Medicare Savings Program | Long Term Care
