LTC is often provided by nursing homes, adult day care centers or in-home nurse or homemaker programs. LTC insurance is expensive, but no other insurance is designed to cover most of these services.
Medical insurance pays a limited amount for routine care.
Long Term Disability insurance pays a portion of your lost salary. Medicare pays a small percentage of the costs and MediCal can be used only if no other assets are available. Once purchased, coverage cannot be terminated or canceled for any reason other than your failure to pay premiums or your reaching your complete lifetime maximum benefit. A Long Term Care information booklet is available from the BenefitSU office on campus or the SLAC Benefits Office. It provides more information on covered services, exclusions and limitations, coordination of benefits and when your coverage ends.