What is long-term care insurance designed to cover?

Long-term care insurance is specifically designed to cover healthcare services that individuals may require over an extended period, particularly when they cannot perform basic daily activities themselves, such as bathing, dressing, or eating. This form of insurance is intended for those who need assistance due to chronic illness, disability, or other conditions that necessitate ongoing care. Coverage can include services provided in various settings, such as nursing homes, assisted living facilities, or even in the home.

The focus on prolonged healthcare needs differentiates long-term care insurance from other forms of health insurance that address short-term medical issues or preventive care. Thus, the emphasis on prolonged care and assistance defines the coverage scope of long-term care insurance accurately.