Types of Long Term Care Insurance

 Regardless of what some people might think, medical insurance will not cover the expenses and services that long term care insurance covers.

There are three types of long term care insurance. The first plan is the skilled nursing care. It has to be ordered by a physician and the patient must be able to fully recover form his or her illness or injuries. It involves a treatment plan, skilled therapy with a licensed therapist and nursing care.

Intermediate nursing care is another type of long term care insurance. Likes skilled nursing care it must be ordered by a physician and the patient must be able to recover from their illness or injury. Unlike skilled nursing care, Intermediate nursing care is not provided on a daily basis. It depends on what treatment and therapy plan tht the doctor has ordered. It is basically a prescribed as needed to get well plan.

The custodial nursing care plan is the full coverage plan of long term care insurance. Custodial care includes daily nursing care and nursing assistance walking, eating, bathing and other hygiene matters, and also includes colostomy and catheter use, as well. Custodial care can be an in home care plan, an assisted living care plan or a nursing home plan.
It can range from a few hours per week to 24 hours per day. The intention is that the patient will not be able to recover from their injuries or illnesses.

Studies how that 40% of the people who receive any type of long term care services are under the age of 65. Studies also show that there is a 50% chance that a person will need some type of long term care service after the age 65.

Long term care insurance is right for many people, but if you are in the position that you can pay for your care with assets then long term care insurance might not be the best idea.

About the Author

Timothy Gorman is a successful webmaster and publisher of Best-Free-Insurance-Quotes.com. He provides more insurance information and offers discount auto insurance, life and home insurance that you can research in your pajamas on his website.

 Tim Gorman

More Articles 

Buying Term Life Insurance on the Internet - Terrell Taylor
In the last few years the growth of term life insurance sales via the Internet has exploded and created many new on line life insurance agencies. In the past consumers were skeptical about buying any products or services on the world wide web,...

The Important of Health Insurance - Paul Palatnik
Millions of Americans are uninsured and with the elections coming up, it seems like it is a new issue but it has been an issue for sometime now. Acquiring health insurance in the United States is very important and every individual or family...

Term Life Insurance on Your Business Partner - Ivon T Hughes
Life insurance is something we often take out to protect our family and our loved ones, but that's only one example of how life insurance can save us in unhappy circumstances. Businesses also need protection and those with partners realize that if a...

What is Permanent Life Insurance? - Tim Gorman
Unlike term life insurance, permanent insurance policies such as universal life, variable universal life and whole life provide long-term financial protection. This type of insurance will cover you for the duration of your life and continued on time...

Are you running the risk of an uninsured business? Beware get a “Business insurance” - Mansi gupta
Are you running the risk of an uninsured business? Beware get a “Business insurance” Human life is precarious and so are the activities they indulge in. So it is not just the human life that needs to be protected but the work that he does - his...

A Buyers Guide to Medical Insurance - Johnny Mangiante
Buying travel health insurance can be a complex task. There are so many different plans - each with different benefits and restrictions. It is important to shop wisely for trip insurance. Many people buy coverage that seems inexpensive only to...

How to Get Cheap Auto Insurance via Internet? - Grace Navas
Most states make it mandatory for you to have car insurance. The minimum the authorities accept is liability coverage on your car. A liability cover will protect the other person if ever you are involved in an accident. Nowadays Internet is...

Life insurance without life value: why young people are snubbing financial advice - cashzilla
This article is written by a 27 year old female (borderline Generation X / Y) called Rachel. Rachel spent six years at university, has no outstanding debts with the exception of government student loans. Rachel also has no pension plan, no life...

Young Driver Car Insurance - Andrew Bowen
It has become increasingly difficult to get young driver car insurance in the UK. The reason behind this is because the statistics for young drivers having a car accident are not very good. By definition, young drivers have very little...

Life insurance: why there’s no need to be a desperate housewife. - cashzilla
Contemplating what may happen to your wife (or husband) and children if you die is not likely to be a thought you wish to contemplate. However, avoiding the issue may make life more difficult for your family after your death. Life insurance...

Choosing the Best Life Insurance Option for You - Claire Bowes
Life insurance in the UK is becoming more and more popular with many people now realizing the importance and the benefits of a good life insurance policy. There are two main types of popular life insurance, both of which offer a range of...

Buying Auto Insurance (Part 2 of 4) - Jeanine Steele
Continued from Part 1- (Part 2 of 4) 11.Personal Injury Protection (PIP): Covers the treatment of injuries to the driver and passengers of the policyholder's vehicle. At its most extensive, PIP can cover medical payments, a part of the lost wages of...