If a long term care policy does not specifically state that it covers Alzheimer's disease, you should request a written assurance from the insurance company that the policy covers Alzheimer's disease. There are other major concerns when reviewing a long term care policy, and professional guidance should be obtained. Medicare is a Federal health insurance program designed for those age 65 or older. It consists of Part A, hospital insurance, which covers inpatient hospital care and certain follow-up care, and Part B, medical insurance, which covers physician services and other services not included in hospital insurance. The hospital insurance is free and everyone, regardless of income level, qualifies for the benefits.
Medical insurance is optional, and requires a premium.
Medicare does not pay for most long-term care services. Individuals should not rely on Medicare to meet their long term care service needs. In addition, all custodial care is excluded by Medicare. However, skilled nursing facility care is covered by Medicare on a very limited basis assuming certain conditions are met. Medicaid is used to assist low income individuals in the payment of medical expenses.