Long Term Care Insurance Law and Legal Definition

Long term care insurance is a type of insurance policy that is designed to cover long term care expenses in a facility or at home. It helps to provide for the cost of long-term care beyond a predetermined period. Long-term care insurance covers care that is generally not covered by health insurance, Medicare, or Medicaid. Long-term care refers to a variety of services which includes medical and non-medical care to people who have a chronic illness or disability and who cannot care for themselves for long periods of time.