Term Care Basics
Long term care is
something you may need if you can no longer perform everyday tasks by
yourself. For example, there may come a time when you need help getting
dressed, eating or bathing. It also includes the kind of care you
would need if you had a severe cognitive impairment like Alzheimer's
disease. You can receive this care in a variety of settings,
including your home, an assisted living facility or a nursing home.
The need for long term care usually
arises from age or chronic illness, injury or disability. In fact,
approximately 60% of us who reach age 65 will need long term care at some
time in our lives. But it's not just a retiree's issue.
Many people don't realize that the
need for long term care can strike at any time. Statistics show that
40% of people receiving long term care services are working age adults,
between the ages of 18 and 64. Would you be prepared for long
term care, if you suddenly required it?
What It Is
Long term care is the type of
care that you may need if you can no longer perform "activities of
daily living" by yourself, such as eating, bathing or getting
dressed. It also includes the kind of care you would need if you had
a severe cognitive impairment like Alzheimer's disease. Care can be
received in a variety of settings, including your own home, assisted
living facilities, adult day care centers or hospice facilities.
Long term care can
be covered completely or in part by long term care insurance.
Most plans let you choose the amount of the coverage you want, as well as
how and where you want to use your benefits. A comprehensive plan
includes benefits for all levels of care, custodial to skilled.
What It Isn't
Long term care isn't the type of care
that you receive in the hospital or your doctor's office. It isn't the
medical care you need to get well from a sickness or an injury. It isn't
short-term rehabilitation from an accident or recuperation from surgery.
Long term care is
not always administered in a nursing home. In fact, more than 80% of
all people receiving long term care assistance are not in nursing
Click here for a
consumer guide to Long Term Care Insurance