Long Term Care Insurance
What IsLong Term Care Insurance?
Long Term Care Insurance (LTC Insurance) is a private insurance policy that can help pay for many types of long-term care, including both skilled and non-skilled (custodial) care. Long-term Care insurance doesn’t replace Medicare coverage and its coverage can vary widely. Some policies may cover only nursing home care. Others may include coverage for a range of services like adult day care, assisted living, medical equipment, and informal home care.