The Cost of Long-Term Care – 22 News – 03/11/14

Share on FacebookTweet about this on TwitterShare on LinkedInShare on Google+Email this to someone

The Cost of Long-Term Care – 22 News

Medicare only covers some parts of long-term care

According to the U.S. Department of Health and Human Services, Medicare will pay for some of your long-term care costs if you meet these requirements:

  • You have had a recent prior hospital stay of at least three days
  • You’re admitted to a Medicare-certified nursing facility within 30 days of your prior hospital stay
  • You need skilled care

If you meet all those conditions, Medicare will pay for some of your costs for up to 100 days.

For the first 20 days, 100% covered by Medicare. Days 21-100, you pay your own expenses up to $140.00 per day and Medicare pays any balance.

Click Here for Your Long Term Care Insurance Quotes

freeltcquotes