How Does Long Term Healthcare Insurance Work?

  1. 63333 POINTS
    Peggy Mace
    Most of the U.S.
    Long Term Healthcare Insurance works by either reimbursing the provider of the long term care, or paying the benefit directly to the insured person to pay for their own long term care services. This occurs after the insured person qualifies for the benefit to be paid, by being unable to perform two or more ADL's and a few other conditions. When the elimination (waiting) period has passed, the Long Term Care Insurance benefits kick in.
    Answered on August 1, 2013
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