What Long-Term Care Insurance Will Pay For

1. In-home nursing care• A popular misconception

is that long-term care insurance will only pay for care in a nursing home

• In fact, your daily benefit can be used for in-home nursing care

• So, long-term care insurance can actually keep you out of a nursing home

2. Occupational, speech, physical, and rehabilitation therapy

• If you elect in-home care, your daily benefit can be used to pay for these specialists

3. Help with personal care• Your benefit can

also be used to hire help with personal care activities, such as– Bathing– Dressing– Cleaning– Cooking

4. Adult “day care”• Also known as “adult

day services”• Most centers operate

for 10-12 hours per day

• Provide health, nutritional, and social services, as well as group activities (like exercise)

Wikipedia/ Tim Ross

5. Hospice care• For chronically and

terminally ill patients, long-term care insurance can be used for hospice care

wikipedia/ angusmclellan

6. Respite care• Respite care provides

short-term breaks for family members caring for relatives

• Has been shown to be good for the well being of family members, as well as a positive experience for the patient

• Long-term care insurance can be used for respite caregiver Flickr/ Fairfax County

7. Alzheimer’s care facilities

• Long-term care insurance can be used to pay for a specialized living facility for Alzheimer’s patients

Wikipedia/ 7mike5000

8. Assisted living facilities• For seniors capable of

independent living with some assistance, long-term care insurance can pay for an assisted living facility

• Services include– Meals– Housekeeping– Laundry– Health/exercise programs– Transportation– Social activities Flickr/ Michael D Martin

9. Nursing homes• Finally, long-term

care insurance was created to help pay for a nursing home, and can still do so

• Nursing homes provide continual nursing care for individuals who can’t care for themselves

Flickr/ Stephen Craven

How to get more income during retirement