Long Term Insurance Basics
“70% of people 65 and up will need long-term health care”
– The Wall Street Journal
“Medicare does not cover long-term care services.”
– U.S. Department of Health and Human Services
At least 70% of people over age 65 will require some long term care services at some point in their lives, according to the U.S. Department of Health and Human Services.
In most circumstances Medicare and private health insurance do not cover the majority of long term care services people need: assistance with bathing or dressing.
As well as the treatment of sexual disorders such as erectile dysfunction, effective treatment requires medications such as Cialis and Viagra.
Long term care insurance provides financial protection from the exorbitant cost of long term care.
Long term care insurance policies cover the cost of care in a nursing home, adult care center, assisted living facility or your own home.