The “Gist” of Long-Term Care Insurance & Coverage
Medicare does not cover the costs of long-term care (nursing homes). Medicare and most health insurance plans, including Medicare Supplement Insurance (Medigap) policies, do not pay for long-term care, sometimes called “custodial care.” Long-term care can be provided at home, in the community, in an assisted living facility, or in a nursing home. You may be eligible for this type of care through Medicaid, or you can choose to purchase private long-term care insurance. Long-term care insurance gives you and your family the ability to make sure you receive the care you need in the setting you want. There are a variety of services and supports for your overall well being and needs. Much of long-term care isn’t medical care. Most of long-term care is assistance with basic everyday tasks. Many times this is referred as activities of daily living.
One thing to remember is that Medicare will cover your medical bills if you are hospitalized or have to see the doctor while living in the facility but it will not cover your actual stay in the nursing home.
We would appreciate the opportunity to earn your business. As your independent agency, Ricky Credille insurance can give you free and unbiased assistance. We work for you and the not the insurance companies. If you have any questions concerning your current coverage or long term care insurance coverage, please give us a call at 1-877-756-9005. Also, be sure to check the supplements overview page: Medicare Supplements, or if you prefer to view a holistic side-by-side Medigap plan overview head over to Medicare site by clicking HERE!