What is long-term care insurance?
Long-term care insurance (LTC or LTCI) helps cover the cost of long-term care in a skilled nursing facility, beyond a certain predetermined period and is meant to pay for care not covered by other insurance, Medicaid, or Medicare.
What does Medicare usually cover for a skilled nursing facility?
Medicare Part A (Hospital Insurance) provides time-limited coverage for skilled nursing care that is provided in a skilled nursing facility (SNF) when certain conditions are met. Learn more.