Many people mistakenly think their health insurance or Medicare will pay for any long-term care services they may need at some point. But health insurance really only pays for doctor and hospital bills. If you develop a chronic illness or become disabled and are unable to care for yourself for an extended period of time, you’ll need long-term care services. And these services aren’t cheap. Full-time nursing home care averages $69,000 to $78,000 per year or 8 hours per day of home health care can cost $43,000 to $70,000 annually.
Explore this section to learn more about who needs long-term care insurance, what types of care are covered, policy options and features, and where and when to buy it. There’s also an interactive map to help you get a sense of what long-term care services cost in your area.
As you plan for the future, you may consider purchasing long-term care insurance. This type of policy is designed to pay some or all of the costs of assisted care when you can no longer take care of your needs on your own. Policy options may include care in a nursing home, an adult day care facility or even your own home.
To view information from the Kansas Insurance Department about:
• What it is and who will need it
• Partnership plans that protect your assets
• Design a plan to meet your needs
Click here