Long Term Care and Long Term Care Insurance

A person might need long term care (LTC) if he/she cannot perform activities of daily living such as eating, taking shower or getting dressed by him/herself anymore. Certain disease can also make long term care necessary.

Long term care is not the type of care offered by a hospital or a doctor's clinic. Long term care can be received at home, in a nursing home or at an assisted living facility. About 55% of American who are 85 or older needs long term care.12 million older Americans are expected to require long term care in the year 2020.

Long term care is very expensive. Both nursing home care and home health care costs a lot. Unfortunately, a person's health plan and disability insurance usually do not cover the cost of long term care. Also, in most cases Medicare can't cover long term care either.

Long term care insurance is restively new, but nowadays there are more than 100 companies offering long term care insurance coverage, which is available through groups and to individuals.

Long term care insurance policies usually cover care in state-licensed nursing homes as well as certain home care services provided by certified home health agencies. Limits and exclusions of long term care insurance differ from policy to policy. Make sure you have a good understanding of what are covered and what are not before buying a long term care insurance.

About the Author

John Lee is a freelance Internet writher who has written articles for many websites. His articles on long term care can be found at Long Term Care Helper (http://www.101longtermcare.com).

Latest News


Deal-Seeking Travelers Should Not Overlook Need for Travel Insurance
MarketWatch - 2 hours ago
Although travelers are seeking deals and jumping on last-minute travel offers, Travel Guard reminds consumers that travel insurance remains essential no ...
From Homeowner to Renter: What You Need to Know About Renter's ... MarketWatch
all 17 news articles

WWL

21st Century Holding Company's Subsidiary Federated National ...
MarketWatch - 1 hour ago
an insurance holding company, today announced that it received approval from the Florida Office of Insurance Regulation (OIR) to take out (assume) up to ...
La. grand jury indicts former head of state-run insurance concern USA Today
Ex-CEO of Citizens Property Insurance indicted 2TheAdvocate
Former chief of Citizens Insurance indicted WBXH
WWL - KATC
all 14 news articles

dBTechno

Insurers propose universal, centralized healthcare
Los Angeles Times, CA - 12 hours ago
Several consumer groups criticize the early bid by America's Health Insurance Plans, a trade group that fought an overhaul in the 1990s, to take an active ...
Medicine for the Job Market New York Times
Health Insurance Trade Group Proposal Praised By Sen Kennedy CNNMoney.com
Nurses Reject AHIP Proposal as a 'Marshall Plan for Health Insurers' MarketWatch
Boston Globe - Wall Street Journal
all 213 news articles

Electric Insurance Appoints Sweet & Sons, Inc.
MarketWatch - 7 hours ago
"When looking for a new relationship with an agency, Electric Insurance seeks agencies that have track records of delighting customers," said Michael J. ...

White & Case Recruits Top Bank, Insurance Regulatory Lawyer
MarketWatch - 4 hours ago
NEW YORK, Dec 04, 2008 /PRNewswire via COMTEX/ -- Global law firm White & Case LLP is expanding its firmwide Bank and Insurance Regulatory Practice with the ...

American Family Insurance Selected as Recipient of 2008 E-Fusion Award
MarketWatch - 1 hour ago
OLDWICK, NJ, Dec 04, 2008 (BUSINESS WIRE) -- American Family Insurance's Teen Safe Driver Program, which uses a mobile video and online notification system ...

AARP’s Stealth Fees Often Sting Seniors With Costlier Insurance
Bloomberg - 11 hours ago
He signed up for an auto insurance policy endorsed by AARP, believing the advertising that said he would save money. He didn’t. ...
Health Insurance, Business Lobbyists Join Discussions About ... Medical News Today (press release)
all 3 news articles

CSC Announces Social Networking Community for Property and ...
MarketWatch - 3 hours ago
today announced the latest innovation in the evolution of its property and casualty (P&C) insurance client community: the introduction of WikonnecT, ...

ABC News

Bernanke says home price insurance would be costly
Reuters - 3 hours ago
WASHINGTON, Dec 4 (Reuters) - An idea floated by some economists to encourage home buyers to purchase home price insurance would be costly in the current ...
Bernanke calls for measures to stem foreclosures International Herald Tribune
US Fed demands foreclosures push BBC News
Bernanke Says US Must Step Up Foreclosure Efforts (Update1) Bloomberg
Motley Fool - Austin American-Statesman
all 1,102 news articles

IBC Insurance buys up InsCorp
Bizjournals.com, NC - 4 hours ago
The purchase of the company expands IBC Insurance’s presence in Laredo and increases the growth that it is seeing in all markets and business segments. ...

Resources