Long Term Care
With an aging population the popularity and need for a Long-term care plan has become a major consideration for many Canadians approaching or currently in retirement. Long Term Care focuses on many services beyond medical care and nursing care which is used by people who have disabilities or chronic (long-lasting) illnesses. Long-term care insurance helps you pay for these services, which can be very expensive and are in many instances without an end date. A policy also ensures that you can make your own choices about what long-term care services you receive and where you receive them.
Long-term care insurance typically covers the cost of:
- In Home support with daily activities like bathing, dressing, eating and cleaning.
- Community programs, such as adult day care.
- Assisted living services that are provided in a special residential setting other than your own home. These services may include meals, health monitoring, and help with daily activities.
- Visiting nurses.
- Care in a nursing home.