Long-term care covers a wide range of services but generally falls into two categories: skilled care and personal care.
–Skilled care is provided when recovering from an illness or injury. –Personal care helps maintain the activities and functions of daily life.
Long-term care insurance is designed to help pay for services for those who need help with activities of daily living (ADL’s)-those everyday activities of caring for yourself such as getting dressed, eating, or moving from a bed to a chair.
Someone with a cognitive impairment (such as Alzheimer’s disease or senile dementia) may need constant supervision and reminders to do simple daily tasks.
Over 20 years ago, the first long-term care insurance policies only covered nursing home care for individuals.
Today, there are many long-term care alternatives, and insurance policies emphasize care in the home and support of caregivers.
Some long-term care policies even provide “Cash Benefits” which pay regardless of what type of services are received.