Long Term Care Insurance FAQ's
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FAQ Main Page |
| Q. Why should I purchase long term care insurance
since I already have a Medicare supplement policy? |
| A. Medicare only pays for skilled nursing care.
Long term care offers all three levels of care: skilled, intermediate, and
custodial. |
| Q. What are the levels of care provided by a long
term care facility? |
| A. There are basically three levels of care:
skilled, intermediate, and custodial |
| Q. What is the difference between long term care
and nursing home insurance? |
A. Long term care (LTC) policies pay for
skilled, intermediate or custodial care in a nursing home for a minimum of 24
months. LTC policies also cover 12 months of lower level care, such as home
health care or adult day care.
Nursing home policies can cover either nursing home care or a combination of
nursing home care plus custodial care. |
| Q. How long is the "free look" period in a long
term care policy? |
| A. Thirty days. |
