Long Term Care Insurance

Individuals who require long-term care are generally not sick in the traditional sense but are unable to perform two of the six activities of daily living (ADLs) such as dressing, bathing, eating, toileting, continence, transferring (getting in and out of a bed or chair), and walking. Age is not a determining factor in needing long-term care. About 70 percent of individuals over 65 will require at least some type of long-term care service during their lifetime.[1] About 40% of those receiving long-term care today are between 18 and 64.

Long Term Care insurance is a policy designed to cover the costs of care for those who are unable to perform the necessary activities of living, which might include:

  • Dressing
  • Bathing
  • Cooking
  • Shopping
  • Going to a doctor’s appointment
  • Getting into or out of bed


Providing Needed Assistance

Long term care insurance is a permanent, ongoing type of health insurance that covers the costs of long-term or custodial care services like those listed above, and can help pay for assisted living, senior housing, and in some cases in-home care. This may be especially helpful to families who have an elderly parent living at home who needs assistance, but the parent does not qualify for Medicaid.

Long term care insurance can also help cover costs of care in an assisted living facility or nursing home (called custodial care). If your parent is already receiving services like this, long-term care insurance can also help pay for these ongoing costs.

We are more than happy to answer any questions you or your family may have on long term care insurance, just click the button below.