When a person requires someone else to help him/her with his physical or emotional needs over an extended period of time, this is long term care (LTC). This help may be required for many of the activities or needs that healthy, active people take for granted and may include such things as:
- Using the bathroom
- Helping with Incontinence
- Managing Pain
- Answering the Phone
- Doing the Laundry
- Attending to Medical Needs
- Shopping and Running Errands
- Paying Bills
- Preventing Wandering
These are just some of the many things that LTC helps with.
The need for long-term care might be due to a terminal illness, disability, condition, injury or the frailty of old age. The need for LTC may only last a few weeks or months or it may go on for years. It all depends on the underlying reasons for needing care. Estimates by experts are that at least 60% of all individuals will need extended help in one or more of the areas listed above.
There is a great deal of choice and flexibility in long-term care insurance policies. You can select a range of care options and benefits that allow you to get the services you need in the settings that suit you best. The cost of your long-term care insurance policy is based on the type and amount of services you choose to have covered, how old you are when you buy the policy, and any optional benefits you choose, such as Inflation Protection.
Your Group Health Insurance plans are offered through the following carriers: