Long-Term Care Insurance

Long-term care services are designed to provide support when you are no longer able to care for yourself. These services are provided in a variety of settings, such as in a nursing home, assisted living facility, in your own home, or in a community based setting.

Long term insurance plans typically reimburse policyholders a daily amount depending on the specific plan options and benefits. The cost of long term care plans are based on a variety of factors, including your age when you buy the policy, the maximum amount that a policy will pay per day, and the maximum number of days or years that a policy will pay.

A number of public programs, including Medicare and Medicaid, may help pay for some long-term care services. To find out what Medicare and Medicaid covers and for more information about long term care insurance, visit www.longtermcare.gov.

The Connecticut Partnership for Long-Term Care

The Connecticut Partnership for Long Term Care brings together the State of Connecticut with private long term care insurance companies to offer policies that offer Medicaid Asset Protection. The CT Partnership plans will help a policyholder meet their long-term care needs without having to deplete all of their assets to pay for care. One of the most common misconceptions is that Medicaid and Medicare will pay for long-term care.