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• What is long term care insurance?
• Does long term care insurance only cover care in a nursing home?
• Why should I buy long term care insurance?
• When should I apply for long term care insurance?
• Comparing long term care insurance policies
• How much long term care insurance coverage do I need?
• What is a lapse and why are lapse rates important?
• Do long term care insurance rates ever increase?
• What to look for in long term care insurance coverage
• What does it mean to be "tax-qualified"?
• How can long term care insurance keep up with inflation?
• What is a plan of care?
• Do I continue paying premiums while I'm receiving benefits?
• What happens if I stop paying premiums?
• Will I always be able to keep my long term care insurance coverage?

Long Term Care Insurance Basics

Does Long Term Care Insurance Only Cover Care in a Nursing Home?

No. While some plans only pay for care in a nursing home or assisted living facility, other plans also cover long term care you receive in your own home or other settings.

Most people receive long term care in settings outside of a nursing home. The Federal Long Term Care Insurance Program (FLTCIP) provides comprehensive coverage, regardless of whether you receive care at home, in an assisted living facility, in a nursing home, or in an inpatient hospice care environment.

Unlike some other plans, the FLTCIP also covers approved care provided at home by informal caregivers such as friends, family members and other non-licensed caregivers.

[ Back to LTCI Basics ]