In some long-term care policies, a benefit paid to maintain the enrollee's space in a nursing home facility when the enrollee must be hospitalized temporarily.
Pays the cost of reserving you place in a care facility should you be temporarily absent from a facility during a covered stay. Some policies only pay for bed reservation if the absence is due to hospitilization.
A long-term care (LTC) policy benefit that pays an amount to reserve a bed in a nursing home or other LTC facility while the insured person is hospitalized for treatment.
Benefit paid to maintain the space in the nursing home facility when the insured must be hospitalized temporarily.
Pays for reserving your bed in a care facility should you need to be hospitalized during a covered stay.
Pays the cost of reserving you place in a care facility should you need to be hospitalized during a covered stay.
Bed Reservation Benefit The retention of your bed by a Nursing Home or a Residential Care Facility that occurs if you are a resident in such a facility and you are absent from the facility for 24 hours or more.