Private insurance policies are available from a variety of sources, including the American Association of Retired Persons, some employers and increasing numbers of insurance companies. More than 100 companies now offer long term care insurance products. Contact your state insurance commissioner's office for a list of companies authorized to sell long term care insurance in your state. Consumer advisors recommend a deductible period between 20 days and 100 days. Alzheimer's disease is one of the major reasons for nursing facility admissions.
Many policies are guaranteed renewable, others are conditionally renewable.
Inflation adjustment riders are often an added expense. If you can afford it, level premiums are preferable. The VA also provides both skilled and intermediate care to veterans through contracts with community nursing homes. Beds are available to all veterans on a space-available basis. Contact your local VA office for more information.