Long-term care insurance is designed to help with certain services for people who need assistance with everyday activities or supervision because of cognitive impairment.
Policy details to compare
- How the policy defines eligibility for benefits
- The daily or monthly benefit and maximum benefit period
- The waiting or elimination period
- Covered settings and care providers
- Inflation options, exclusions, and premium-change provisions
Medicare and health insurance do not generally cover ongoing custodial care by themselves. Review the policy, your financial plan, family support, and alternatives together.