Long Term Care Services for the Needful
Life is an unpredictable journey that is always full of surprises. We do not live every day in the same manner, little changes keep happening. However, for some people, these changes can be major and at times, quite drastic. A sudden accident could leave a person paralyzed for life, the development of a disease such as Alzheimer’s or Parkinson’s could affect the way they function in their daily activities, a traumatic incident could make them mentally unstable, etc.
Such incidents can happen within a matter of seconds. Hence, it is smart to be prepared beforehand in case of any such unfortunate incidents. This preparation will save you and your family a lot of time and struggle.
Long Term Care Facilities
Long term care facilities are for those who are immobile or who are needful for aid and support. Most of the people who utilize this facility are disabled or are suffering from chronic diseases. These facilities are ideal for people who do not wish to rely on their family during their senescence. In simpler words, long term care facilitates medical and social requirements.
The U.S. Department of Health and Human Services has provided a lot of details regarding long term care on their website. All required information is provided on this website such as insurance costs, benefits of this service and many more details. Through important points, the site will also help you in deciding whether you should purchase a long term care insurance or not.
Community Care Centers
Long term care insurance pays for the expenses of a community care center for the insured person. This can include:
- Hospice: This care center provides assistance and support for the chronically ill patients. It fulfills the everyday necessities of the patients such as bathing, feeding, etc.
- Elderly Home Care: With age, it is no surprise if a person loses their ability to perform normal everyday activities. These care centers are specially designed for the senior citizens. Here, the elderly people can socialize with others of their own age, use the entertainment and activity rooms. Most of the elderly home care centers include lavish gardens for the inhabitants to relax in.
- Rehabilitation Hospitals: These hospitals are for people suffering from neurological and orthopedic medical issues. Patients requiring any type of therapy are provided excellent care.
Home Care for the Needful
At times, the insured person desires to stay at home with their family instead of residing at community care centers. For such people, long term care services are available to assist them right at home. These services include medical equipment, a nurse that stays with the patient 24 hours every day, a housekeeper to keep the place clean and to meet the hygiene standards of the patient, etc.
Chronically ill patients usually opt for this facility so they are able to spend their last few days close to their family. It is also ideal for those who require short-term care and wish to stay at home during that time.
Long Term Care Insurance (LTIC)
This insurance policy is common in many countries. People often make the mistake of considering LTIC quite similar to a typical healthcare insurance. However, these two differ greatly. Long term care insurance is not only for those who are sick and need assistance in life, it is also for those who are not suffering from any illness but are not able to function properly on their own. These people may have lost their ability to walk, eat, use the lavatory, bath etc.
When needed, long term care insurance provides its purchasers with the required services. These services depend on the problems the person is suffering from. The purchased insurance can then pay for rehabilitation centers, caretakers, 24/7 nurse facility, therapists and many more facilities. Long term care insurance can pay for the expenses of your medical and non-medical necessities. Depending on the insurance policy you purchase, long term care insurance provides for the expenses for a wide range of necessities.
Most of the people opt for the typical traditional policy. This policy allows you to purchase an insurance by paying the premiums on a monthly or yearly basis. Some insurance companies do return the premiums if the insurance is not used whereas some companies do not return them. A hybrid policy is where the premium is split up to cover the expenses of both, a long term care insurance and a life insurance. There is a large variety of such insurance policies and you can choose the one that you think is best for you.
Choosing a Long Term Care Insurance
There are many insurance companies and insurance policy options available out there. Before making a purchase, make sure you thoroughly examine all these policies. This will help you choose what is best for you, your family and your future.