Long Term Care Insurance Policies

In the United States, seven out of ten seniors over age 65 will need some type of long-term care services during their lifetime, and approximately one-third of Americans will require care in a skilled nursing facility at some point in their lives due to changes in mobility, cognitive function, or both. When an individual’s level of mobility or cognitive function begins to change, they usually require assistance to perform normal activities of daily living (ADLs), such as bathing, eating, and getting dressed. Aging may gradually reduce one’s ability to comfortably do certain activities, but an individual may require assistance with daily activities due to a serious illness, while recovering from an injury, or after being discharged from the hospital following surgery. Often, those healing from medical conditions or procedures require short-term assistance for a few months; in other cases, care may be required for a lifetime.