Long-Term Care
What Does Long-Term Care Mean?
Long-term care (LTC) refers to professional assistance with daily activities over an extended period, which can span months or years. This care may include help with essential tasks such as eating, bathing, and dressing.
Long-term care insurance is available on the insurance market for individuals who want coverage to help with the cost of receiving this type of care.
Insuranceopedia Explains Long-Term Care
The costs of long-term care can be very expensive, particularly since professional assistance may be needed for extended periods.
Long-term care is generally not considered medical care but rather assistance with daily living activities. As a result, it is not typically covered by Medicare. Individuals with Medicare who wish to manage this risk must purchase their own long-term care insurance policies.
