Does the US government support long term healthcare insurance?

Many long-term care insurance policies have limits on how long or how much they will pay. Some policies will pay the costs of your long-term care for two to five years, while other insurance companies offer policies that will pay your long-term care costs for as long as you live—no matter how much it costs. read more

The US government seems to be positive about the value of long term care insurance, but if you're asking about financial support from the Federal government, the answer is no. Medicaid will pay for long term care when assets are depleted, but that's not quite the same thing. read more

Unlike traditional health insurance, long-term care insurance is designed to cover long-term services and supports, including personal and custodial care in a variety of settings such as your home, a community organization, or other facility. read more

Federal Long Term Care Insurance Program (FLTCIP) The Federal Long Term Care Insurance Program (FLTCIP) provides long term care insurance to help pay for costs of care when enrollees need help with activities they perform every day, or you have a severe cognitive impairment, such as Alzheimer's disease. read more

Long-Term Care Insurance. Most health insurance plans and Medicare severely limit or exclude long-term care. If you want coverage, you may need a separate long-term care insurance policy. Learn more about the long-term care insurance. You should consider the cost of long-term care insurance as you plan for retirement. read more