The purpose of long term care insurance is to:

Question

Quizplus · Accepted Answer

Long term care insurance is designed to cover the costs of services needed in a long term care facility, such as skilled nursing care, intermediate care, custodial care, and hospice care. This type of insurance is meant to provide financial protection in the event that a person needs long term care, which can be very expensive and may not be covered by traditional health insurance or Medicare. Long term care insurance can help ensure that individuals have access to the care they need without putting a significant financial burden on themselves or their families. Options A, B, and C are not accurate descriptions of the purpose of long term care insurance.

The Purpose of Long Term Care Insurance Is To