Long Term Care vs.
Long Term Care Insurance
When discussing long term care, it's important to understand the difference between:
Long Term Care (LTC) is the assistance or supervision you may need when you are unable to do some of the basic activities of daily living — bathing, dressing, eating, continence, toileting and transferring. You also may need help because of a severe cognitive impairment that can be caused by Alzheimer’s disease or other brain disorders.
Long Term Care Insurance (LTCi) is an insurance policy that helps reimburse long term care expenses. Long term care insurance generally covers long term care not covered by health insurance.