insurance that helps defray the costs of assistance with the activities of daily living or the costs of supervision due to a severe cognitive impairment and allows you to receive the type of care you need in the setting that's right for you.
A health-insurance variation designed to cover the costs of long term care at home or in a nursing home. These policies offer a specified nursing home benefit and home-care benefit. Some policies also account for inflation. The popularity of long term care insurance has grown as federal laws have changed, making it less likely that Medicaid will pick up the tab for long term care. These policies are usually rather expensive, and grow even more costly as the policyholder ages
This is a type of policy that provides for a benefit in the event of a prolonged illness or disability. These policies are often structured to defray the cost of residency at a long term care facility; some provide benefits for home care, as well.
Insurance designed to pay for some or all of the costs of long term care.
generally covers nursing home, assisted living and home care costs depending on the policy. The cost of the insurance depends on the type of insurance you purchase, the length of coverage, elimination periods and other options.
A privately issued insurance policy which covers the cost of care at home, assisted living facility, residential care facility, adult day care, adult day health care, hospice or nursing facility. Premiums are based on age, health, elimination period, daily amount of benefit and duration of benefits from beginning of care.
This type of insurance policy is designed to cover long-term care expenses at home or in a facility other than an acute care unit of a hospital. Neither Medicare nor Medicare supplemental insurance (Medigap) will pay for these expenses.
Low Income Home Energy Assistance Program (LIHEAP)
This insurance pays for chronic health conditions, such as physical incapacity or mental impairment, treated in a setting other than an acute care hospital. Every LTC policy delivered to a Maine resident must be guaranteed renewable for life (if premiums are paid). Premiums can increase, but increases are based on the insurer's claims experience for all Maine people who have the same policy, not on the claims you file.
covers the cost of long-term custodial care in a nursing facility or at home
This type of contract will pay for some or all of the agreed costs of long-term care. |This policy is mainly intended to cover the costs of elderly people being looked after either at home or in a residential care facility
An insurance policy that provides benefits for the chronically ill or disabled over a long period of time. ................................................
Coverage for the cost of nursing or custodial care, at home or in an institution, necessitated by injury or illness (Alzheimer's Disease can be included). This type of long-term care coverage is not included in Medicare or most major medical insurance policies.
Coverage that, under specified conditions, provides skilled nursing, intermediate care, or custodial care for a patient (generally over age 65) in a nursing facility or his or her residence.
Insurance available through private insurance companies as a means for individuals to protect themselves against the high costs of long-term care.
Insurance that my be purchased to cover one's long term care needs. Some examples of what long term care insurance may cover are: home care services, nursing some care, adult day care and assisted living.
A POLICY FOR CONTINUOUS CARE IN A NON-ACUTE CARE ENVIRONMENT FOR PEOPLE WITH A CHRONIC DEBILITATING ILLNESS.
A specific type of insurance policy designed to offer financial support in paying for necessary long term care service in a variety of settings.
A form of health insurance that provides assistance with payment of a continuum of broad-ranged maintenance and health services for individuals who can no longer function independently due to a physical or cognitive impairment and/or aging. Services may be provided on an inpatient (e.g., rehabilitation facility, chronic care facility, nursing home, etc.), outpatient, or at-home basis.
Coverage for long term care, specifically nursing homes, assisted living facilities, and home health care.
A health plan that covers your medical care, nursing care and certain in-home care if you ever become unable to care for yourself due to an extended illness or disability.
This type of insurance policy is designed to cover long term care expenses in a facility or at home.
The insurance which pays for a succession of care giving services for the elderly or chronically ill. This care may be provided in a facility (nursing home, mental hospital, etc.) or in the individual's home with a nurse or aide.
Insurance that helps defray the costs of assistance with the activities of daily living or the costs of supervision due to a severe cognitive impairment. Depending on the coverage selected, care can be received at home or in an assisted living facility or nursing home.
A policy designed to help alleviate some of the costs associated with long term care. Benefits are often paid in the form of a fixed dollar amount (per day or per visit) for covered expenses and may exclude or limit certain conditions from coverage.
Long-term care insurance, an insurance product sold in the United States, helps provide for the cost of long-term care beyond a predetermined period. Long-term care insurance covers care generally not covered by health insurance, Medicare, or Medicaid.