Long Term Care Insurance Covers Home Care

Long term care (LTC) insurance can cover the costs of home care or care in a facility that is not an acute-care hospital.

These facilities include nursing homes, Residential Care Facilities and Residential Care Facilities for the Elderly (sometimes called Assisted Living Facilities), skilled nursing facilities or Intermediate Care Facilities.

Moreover, long term care insurance can also cover the costs of Home Care including Home Health Care, Personal Care, Homemaker Services, Adult Day Care, Hospice Services or Respite Care.

Depending on the facility, some Hospice and Respite care can also be received in a facility like a nursing home.

But coverage largely depends on the type of policy one has.

In California, there are 3 categories of long-term care insurance policies:

Nursing Facility and Residential Care Facility Only.

• These policies cover skilled, intermediate or custodial care in a nursing home or similar facility and assisted living care in an Residential Care Facilities/Residential Care Facilities for the Elderly.
• Home care is not covered here.

Home Care Only.

• These policies are required to cover Home Care, Home Health Care, Adult Day Care, Personal Care, Homemaker Services, Hospice Services and Respite Care but care in a Nursing Facility or Residential Care Facilities/Residential Care Facilities for the Elderly is not covered here.
• Ask your long term care insurance agent how long term care covers home care.

Comprehensive Long-Term Care.

• These policies cover nursing facility care, assisted living care in an RCF/RCFE and home and community care.
• These policies must include at least 8 benefits: a nursing home benefit, an Residential Care Facilities/Residential Care Facilities for the Elderly benefit for assisted living and the 6 home care benefits: Home Health Care, Adult Day Care, Personal Care, Homemaker Services, Hospice Service, and Respite Care.

The California Partnership for Long-Term Care (the Partnership), a program of the California Department of Health Care Services (DHCS), is a partnership among consumers, the State of California and a select number of insurance companies, plus the California Public Employees Retirement System (CALPERS).

These insurers offer a special type of long-term care insurance policy, commonly called “Partnership” policies, that must meet certain requirements set by the DHCS.

Insurance companies participating in the Partnership program must have their Partnership policies approved by both the Department of Insurance and the DHCS.

Moreover, only insurance agents who have received special training are able to sell you a Partnership policy and they are to advise you as to whether the Partnership program works for you.

Inquire and check to confirm that your long term care insurance agent has this special certification to sell Partnership policies.

Each Partnership-approved policy includes insurance benefits to cover the care you may need and automatic inflation protection to ensure that the benefits keep pace with the rising cost of care.

Partnership policies also have other important features that are not required in other long term care insurance policies.

To learn more about these policies and the companies that are approved to sell long term care insurance that covers home care specifically, you can call:

800-CARE445 (800-227-3445)

Reciving professional care can be expensie and costly, but clearly there are ways to fund the needed care.

Long term care (LTC) insurance policies can cover the costs of home care, so why not inquire?

Refer a friend who needs home care.

Call us today to arrange care.