What is Long-Term Care (LTC)?

It’s a term used to describe services people need when they’re unable to care for themselves. This can range from help at home with daily activities like meal preparation and housekeeping, to personal care services like bathing and dressing. Long-term care also is provided in assisted living facilities, which are home-like settings that offer safety and security, plus nursing homes that provide round-the-clock skilled nursing care. 

Does my "other insurance" cover LTC expenses?

The short answer is no. Health & disability insurance exclude LTC services while Medicare only offers minimal coverage.

Health Insurance

No Coverage.

Long-term Care Insurance was excluded from the Affordable Care Act (ACA) and does not cover expenses associated with LTC.

Disability Insurance

No coverage.

Disability insurance was not designed to cover LTC services and excludes most LTC expenses.


Minimal coverage.

Medicare only covers up to 100 days of care after a 3 day stay in the hospital. According to the US Department of Health and Human Services the average LTC claim is 3 years.

Will you need Long-Term Care services?

No one knows for sure. But many people need help as they age. The U.S. Department of Health and Human Services estimates that 70 percent of people age 65 and older will need some long-term care services during their lifetimes. But long-term care isn’t just for older people. An accident or prolonged illness means the need for long-term care services can happen to anyone at any age.



Why is LTC planning important? 

Long-term care planning is an important part of a personal financial plan. During our lifetime, the likelihood of needing LTC increases and long-term care services may be expensive. According to the US Department of Health and Human Services, the average cost of care can range from $48,048 - $100,380 depending on the type of care you are receiving. There’s a good chance these costs will be even higher in the future when you’re likely to need care.