Custodial care helps people with basic activities of daily living, such as dressing, bathing, toileting, eating, continence and transferring. Custodial care can also assist people with cognitive impairments, such as attention span difficulties, memory loss or Alzheimer s disease. All long-term care policies sold in Vermont must have basic coverage. All policies sold in Vermont must cover nursing home care and home health care. In addition, long-term care insurance carriers must give people the option of buying coverage for adult day care and inflation protection.
Inflation protection is important.
All policies sold in Vermont must give consumers the option of purchasing inflation protection. Inflation protection ensures that your policy s daily and lifetime benefit limits increase periodically, in an effort to keep up with the rate of inflation. Without this feature, the value of the benefits you buy today will not keep pace with the cost of long-term care services in the future. Policies vary widely from one long-term care insurance carrier to another. It is wise to compare several policies before choosing one that meets your needs and your budget.