Long Term Care Insurance
Long Term Care Insurance in NYC
Given that the cost of a nursing home is approximately $200+/day and can only be expected to increase, it is imperative to consider long term care plans for the future. Regular health insurance (ie Medicaid & Medicare) do not cover expenses that arise during your senior years. This includes assistance with personal care and support performing everyday activities. Long Term Care Insurance Coverage
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Rehabilitation exercises in a nursing home or at home
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Care by a skilled nurse either at home or in a long term care facility.
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Provision of daily needs such clothes, food, etc.
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Special care for people with a cognitive impairment like Alzheimer’s disease
How It Works Long term care insurance works exactly like other insurance policies. The insured pays a monthly premium to keep the policy active. Your policy will ensure protection from the high costs of treatment for health conditions which require long-term care.