What does long-term care insurance mean?

Definitions for long-term care insurance
long-ter·m care in·sur·ance

This dictionary definitions page includes all the possible meanings, example usage and translations of the word long-term care insurance.

Wikipedia

  1. Long-term care insurance

    Long-term care insurance (LTC or LTCI) is an insurance product, sold in the United States, United Kingdom and Canada that helps pay for the costs associated with long-term care. Long-term care insurance covers care generally not covered by health insurance, Medicare, or Medicaid. Individuals who require long-term care are generally not sick in the traditional sense but are unable to perform two of the six activities of daily living (ADLs) such as dressing, bathing, eating, toileting, continence, transferring (getting in and out of a bed or chair), and walking. Age is not a determining factor in needing long-term care. About 70 percent of individuals over 65 will require at least some type of long-term care services during their lifetime. About 40% of those receiving long-term care today are between 18 and 64. Once a change of health occurs, long-term care insurance may not be available. Early onset (before 65) Alzheimer's and Parkinson's disease occur rarely. Long-term care is an issue because people are living longer. As people age, many times they need help with everyday activities of daily living or require supervision due to severe cognitive impairment. That impacts women even more since they often live longer than men and, by default, become caregivers to others.

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Numerology

  1. Chaldean Numerology

    The numerical value of long-term care insurance in Chaldean Numerology is: 3

  2. Pythagorean Numerology

    The numerical value of long-term care insurance in Pythagorean Numerology is: 1

Examples of long-term care insurance in a Sentence

  1. Gal Wettstein:

    [Long-term care insurance] plans are getting harder and harder to sign, but they do still exist. Some insurers will still sell them.

Translation

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"long-term care insurance." Definitions.net. STANDS4 LLC, 2024. Web. 16 Apr. 2024. <https://www.definitions.net/definition/long-term+care+insurance>.

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