What Are The Advantages Of Long Term Care Insurance? 
The two main advantages of Long Term Care Insurance are : 1 -RRB- Paying for your long term care needs without having to spend down your assets , and 2 -RRB- Having a say in the care that you get . As Care Plan Coordinator for a nursing home , I saw the advantages of Long Term Care Insurance up close . It can enable you to get a private room , get out into your home more quickly , and other perks that are not possible when on Medicaid . Not everyone can afford Long Term Care Insurance , and Medicaid is a blessing for those who need it . But there definitely are advantages to having Long Term Care Insurance . 