What Does Long Term Care Insurance Pay For? 
Long term care insurance can pay for A LOT , including the following : home health care , assisted living facility care , nursing home care , adult day care , personal care -LRB- Activities of daily living assistance -RRB- , homemaker services , hospice services , respite care , etc. . The need for long term care can occur due to aging , disease or even an accident . According to the 2014 U.S. government Medicare handbook , 70 % of Americans who reach age 65 will need long term care and support at some point in their lives . 