Does Long Term Care Insurance Make Sense? 
Most Long Term Care Insurance plans these days pay the recipient a sum of money that can be spent as they desire , for the type of long term care they wish to receive . This can be a nursing home , assisted living , independent living facility with a private aid , hiring family to stay with them in their own home , or other arrangements . This makes sense in that using other resources besides nursing homes can be a less costly alternative , and may be more desirable to the person receiving the long term care . 