The insurance designed to help with nursing home or in-home care due to chronic illness is called

Question

Quizplus · Accepted Answer

Long term care insurance is specifically designed to cover the costs of long-term care due to chronic illness or disability, whether in a nursing home or in-home care. Medicare only covers a limited amount of nursing home care, while major medical and comprehensive major medical policies focus on covering medical expenses. "Nursing home care" is too narrow of a term to describe the broad coverage provided by long term care insurance.

The Insurance Designed to Help with Nursing Home or In-Home