- Medicare only covers the costs of long-term care if you require skilled services or rehabilitative care. Medicare will not cover assistance with activities of daily living such as dressing, bathing and eating.
- Medicare coverage only will last a maximum of 100 days with a co-pay after the first 20 days.
- Medicaid covers the largest share of all long-term care services. In order to qualify you must meet minimum income and asset requirements.
- The Department of Veterans Affairs can also help cover the cost of long term care for wartime veterans or their spouses if they meet certain income and asset requirements.
- Some may have employer sponsored health insurance that may cover the same services as Medicare.
- You may also purchase long-term care insurance. Privately purchased long-term care insurance can vary in what is covered based on what coverage plan is purchased.