Understanding Long Term Care

Long-term care can relate to a variety of illness, needs and ongoing care problems. A senior with assisted living needs may be considered a prime candidate for long-term care because the needs they have today will not go away and may possibly get worse in the coming weeks or months. However, someone who is experiencing a recovery after a surgery or has had an unexpected accident with severe injuries or related developing illnesses may need long-term coverage as well. Here are a few aspects of long-term care coverage that will help make the topic of long-term care clear.

What is Long Term Care?

Long-term care is a term used to cover illnesses, treatments or care plan options that will last for an extended period of time or for a time with no specified end date. This type of care is often related to Alzheimer’s, Cancer, HIV, AIDS and other chronic illnesses. Long-term care is a blanket term that covers the care plan options and adjustments dealing with the individualized patient needs and how those needs develop over time. Long-term care can be offered in a variety of settings for various amounts of time including possible end of life and hospice care time frames.

Who Offers Long Term Care?

Long-term health care is offered from a variety of services. Home health care providers and agencies are the first choice for many individuals needing long-term care plans and who have certain long-term needs. Assisted living communities, hospice care organizations and other communities catering to seniors will also be able to provide long-term care options for those in need. There are some private groups, charities and caregiver services that may provide long-term care as well depending on the needs of the patient and how those needs may develop over time.

Payment Options for Long Term Care

There are several payment options available for long-term care coverage. The most common payment option is health insurance coverage of some kind. This type of coverage payment option can be either a private health care company or can be government based coverage such as Medicare or Medicaid. Social security benefits or government benefits may also help to cover the costs of long-term health care programs and services. Private loans and financial planning options are now opening doors to help individuals plan for long-term or unexpected health care bills and issues. Another form of payment option for long-term health care is the use of a health savings account or HSA. Some individuals may find that the HSA option is affordable and will help them combat unexpected costs resulting from an accident or catastrophic illness.


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