Frequently Asked Questions

LTC insurance is designed to cover the costs of extended care services that may be needed due to aging, illness, or disability. These services can include assisted living, nursing home care, and home healthcare.

LTC insurance may help pay for covered assistance and reduce the amount a family must fund itself, subject to benefit limits and eligibility triggers. It does not guarantee all care costs or protect every asset. Compare premiums, inflation protection, exclusions and the family’s other resources.

The cost of LTC insurance varies depending on the age of the insured person, the daily benefit amount, the benefit period, and any optional benefits chosen, such as inflation protection.

Most individual LTC policies and some group policies require medical underwriting, meaning that those in poor health or already receiving LTC services may not qualify. However, some group policies may offer guaranteed issue options with less stringent health requirements.

Primary Care Insurance Solutions (PCIS) can compare available LTC arrangements, eligibility rules and benefit designs for your workforce. Review covered care settings, benefit triggers, elimination periods, inflation options, underwriting and premium obligations before choosing. Ask for a comparison that explains limitations as well as benefits.