People are living longer and health care is becoming more expensive. To confront this reality, long-term care planning should address options and finances. This care is not restricted to medical care or living in a facility. Long-term care also includes aging in a place where a person can live at home with assistance. Services usually include help with bathing, dressing, using the toilet, care with incontinence, meals and getting around. Other less intensive services include assistance with medications, grocery shopping, housework and handling bills and finances.
Everyone must eventually consider options for covering the costs of quality medical and long-term care. Long-term planning should include the consideration of insurance to cover these expenses in addition to Medicare. Understanding the advantages and disadvantages associated with long-term care insurance is also an important part of this planning.