Does Medicare or Medicaid pay for Long-Term Care?
Some services are covered, but others are not. Medicare only pays for long-term care if you require skilled service or rehabilitative. The majority of Long-Term Care falls under non-skilled assistance, which Medicare does not cover. Medicaid covers more aspects of long-term care, but you must meet income and asset requirements to qualify and choice may be limited, such as physicians and facilities.
Does Medical Insurance pay for Long-Term Care?
Some aspects of long-term care are covered by medical insurance, such as nursing services to recover from illness or injury, however they are not the same thing. Your medical benefits may be limited by a maximum benefit you may receive. Medical insurance is not designed to cover day-to-day living, but long-term care is.
Are my spouse or other family members covered?
Coverage is available at the discounted rate for both you and your spouse. Additional coverage can be purchased for parents, parents-in-law, and adult children.
Have more questions?
For more information on this coverage – features, costs, eligibility, renewability, limitations and exclusions – please download the brochure to the right or contact a specialist.