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Does Long Term Care Insurance Cover Assisted Living

As you approach retirement, you may be thinking about long term care insurance. This coverage can help ensure that you and your loved ones are taken care of if you need assistance with basic activities such as bathing and eating. But how much does long term care insurance cover? And what about assisted living? In this blog post, we will answer these questions and more. We will also provide tips on how to find the best long term care insurance policy for you and your family.

What is Long Term Care?

Long-term care is a growing sector of the American economy. In 2013, the market was valued at $160 billion. This includes both in-home care and long-term care hospice. A substantial portion of this market is covered by long-term care insurance.

There are a number of factors to consider when purchasing long-term care insurance. These include whether you have an existing policy or need to buy one, premiums and coverage, as well as what type of policy you purchase.

Here are some basics about long-term care insurance:

1) What it covers: Long-term care insurance provides coverage for costs associated with providing assistance with activities of daily living (ADLs), such as bathing, dressing, eating and toileting. It does not cover post-hospitalization stays or home health aide services.
2) How much it costs: The cost of a long-term care policy can vary significantly based on the age and sex of the policyholder, as well as the coverage options that are available to you. Premiums can also increase regularly with inflation, so it’s important to compare prices before purchasing a policy.
3) Who is eligible: Long-term care insurance policies typically provide coverage for those who are age 65 or older and who have been income taxpayers for at least two years prior to buying the policy. However, there are exceptions to this rule; for example, many policies provide coverage for spouses regardless

What Does Assisted Living Include?

Assisted living typically includes round-the-clock assistance with activities of daily living, such as bathing, dressing, and eating. It may also include help with tasks like grocery shopping and paying bills. Assisted living facilities may be designed for people who have difficulty preserving their own independence.

How Much Does Assisted Living Cost?

Assisted living can be a great option for seniors who need help with basic activities but don’t require full-time care. Some assisted living facilities provide all the necessary amenities, such as a communal kitchen and dining area, while others may only offer limited services. Prices for assisted living vary depending on the facility and the services offered, but typically it costs about $1,000 per month. The cost of long-term care insurance may cover some or all of the cost of assisted living.


Long term care (LTC) insurance can be a valuable tool for ensuring that you and your loved ones are prepared for the future. While many people think of assisted living as a step down from traditional long term care, in reality it can be an excellent option for those who want to remain in their own home. LTC insurance can help pay for necessary services such as personal assistance, medication supervision, and companion care. If you’re interested in finding out if long term care insurance covers assisted living, speak to your policy representative today.

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