Long-term care is many services. It is more than just nursing home care. Long-term care includes help with daily activities at home, home health care, respite care, adult day care, assisted living and care in a nursing home.
Family members provide most long-term care.
Women and people who live alone are more likely to need long-term care than men or those who live with or are close to others. An LTCI policy gives a person coverage for a minimum of one year for one or more medically necessary, preventive, therapeutic, rehabilitative, maintenance or personal care services provided in a setting other than an acute care unit of a hospital. Costs are much higher for those needing daily care or supervision and will increase most years due to inflation and changing regulations. Most of us will eventually use some types of long-term care service. Your chances of needing help go up as you grow older.