Long-term care (LTC) refers to professional help with various daily needs over the span of months or years. This can include help with essential routine activities, such as eating, bathing, and dressing.
Long-term care insurance is available on the insurance market for those who want coverage for the cost of receiving this kind of care.
The costs of long-term care can be very expensive. This is especially true given the fact that professional help can be required for very long periods of time.
Long-term care is not generally considered medical care but, rather, help with the logistics of daily life. Because of this, LTC is not typically covered by Medicare. Individuals with Medicare who want to hedge their risks, then, have to purchase their own long-term care policies.
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