Help with LTC can be very expensive and can leave you and your family devastated both mentally and financially. This can help you to get ahead, of a LTC need, is to plan before the need for a Long-term care event arises. This can be done through various methods and instruments depending on your financial situation. This could potentially save you money and stress, but you will have more options to select from.

Long-Term Care assists with activities of daily living – include bathing or showering, dressing, getting in and out of bed or a chair, walking, using the toilet, and eating.

Many people think government programs such as Medicare and Medicaid will pay for most or all of their LTC needs. Medicare may cover a maximum of 100 days of services after a hospital stay.

Coverage is designed to assist people short-term and doesn’t include personal care of supervision services. Medicaid helps those who have limited assets and income, the state you live may make key care decisions on your behalf, including where you will receive care.