| 释义 |
Long-Term Care (LTC) Insurance
Coverage that provides nursing-home care, home-health care, personal or adult day care usually for individuals above the age of 65 or with a chronic or disabling condition that needs constant supervision. LTC insurance offers more flexibility and options than many public assistance programs. Investopedia Says:
Long-term care is usually very expensive, which is why most people need insurance. For example, on average, nursing facilities providing skilled care charge $150 to $300 per day, or over $80,000 a year or more. Even custodial home care at three visits per week can cost over $9,000 a year. Most LTC insurance policies will cover only a specific dollar amount for each day you spend in a nursing facility or for each home-care visit. Thus, when considering an LTC insurance policy, read the policies carefully and compare the benefits to determine which policy will best meet your own needs. Related Terms:
Acitivites Of Daily Living - ADL
Custodial Care
Federal Poverty Level - FPL
Flexible Spending Account - FSA
Medicaid
Medicare
Own-Occupation Policy |