There is a great misconception by the public that Medicare will pay for long term care expenses. Medicare does pay for rehabilitative services at home or in a rehab type facility. At most, that coverage lasts for 100 days and there is a required a 3-day inpatient hospitalization prior to that. At home care is provided and paid for only if it medically necessary and a professional (like a nurse or therapist) makes intermittent visits to the home.
Paying for long term care services can be expensive in both the nursing home and home care setting. Like all insurance, you need to qualify and pay for LTCi well in advance of needing it. Basically, there are three different ways of insuring for this chronic care.
P Q Wallace Insurance represents many different plans and companies. It is important to understand your choice, both the good value and the restrictions.