What is the difference between long-term care insurance and health insurance?

Long-term care and health insurance are two different types of insurance that cover different costs. Long-term care insurance is designed to cover the costs of long-term health care services if a policyholder is unable to perform basic activities of daily living, such as bathing, dressing, and eating. Long-term care insurance may also cover the cost of custodial care, which is care provided to a person who cannot care for themselves due to cognitive or physical disabilities. Health insurance, on the other hand, is an insurance policy that helps to cover the costs of medical treatment and procedures, including doctor visits, hospital stays, surgeries, and medications. In Washington, long-term care insurance is available to anyone, including seniors who want to protect their assets and ensure that they can stay in their homes as they age. In contrast, health insurance is made available through employer-based plans, through health insurance marketplaces, or through government-funded programs like Medicaid or Medicare. Overall, the main difference between long-term care and health insurance is that long-term care covers services to help people maintain a certain level of independence, while health insurance covers medical services and procedures. Both types of insurance are important for seniors in Washington, as they help to protect them from unexpected costs and ensure they are able to receive the care they need.

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What is the difference between long-term care insurance and health insurance?

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