health, Home Care, Insurance, Loved Ones
Long Term Care Insurance coverage is a topic that comes up a lot at Warman Home Care because it is a type of insurance that often pays for “non-medical care” that Warman provides clients. It may not be right for everyone, but it makes sense fo rmany who want to stay independent, living safely on their own for longer, but needing a little bit of support.
Long term care is generally not covered by health insurance, Medicare, or Medicaid, so exploring alternate options is a must for those that need the help. Although age is not a contributing factor to those who receive help, about 60% of people over the age of 65 will require some sort of long term care services at some point in their lives. Having insurance for this will help cover costs of home care, assited living, adult daycare, respite care, hospital care, and more.
Everyone should explore insurance options on their own to determine what makes sense for your own situation.If you want to learn more, this blog gives a great snapshot of how long term care insurance works.