Anyone who says long term care insurance is not worth buying because it is too expensive needs to gather more long term care insurance information because what she knows is not even a fraction of the truth.

Long term care insurance (LTCI) is a product designed to alleviate the high cost of care in the country. It is not similar to regular health insurance policies which only cover short-term care and medical treatments. LTCI policies cover extensive long term care (LTC) services which range from custodial care and medication administration to medical treatments and rehabilitative therapies of individuals who are not fit to live independently due to a chronic illness, injury, or old age.

Individuals who cannot perform the activities of daily living (ADL) such as eating, bathing, toileting, dressing, continence, and transferring without assistance from others are candidates for LTC.

At present, the average daily cost of a home health aide is $152 but this is not inclusive of house chores yet. Home health aides are only responsible for providing patients with assistance in various ADLs. Now individuals who wish to have someone cook for them, clean their house, do their laundry, and run errands for them have to pay additional $144 daily for homemaker services.
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