Also known as "extended care", long-term care includes a range of services and support that help meet personal and medical needs. These services are intended to support common everyday tasks, called "activities of daily living" and consist of: bathing, dressing, toileting, continence, eating, transferring. Long-term care insurance provides a benefit to the insured to help cover the cost of these types of services, so that you aren't paying out of pocket and drawing down savings or relying on family members to provide the services for you.
**A common misconception is that Medicare will cover long-term care costs. Medicare may help pay for up to 100 days of rehabilitation or skilled nursing care AFTER a major health issue if coming straight from being admitted to the hospital. It does not cover longer stays, such as permanent or long-term home health care or care in a facility.**