No, Long Term Care Insurance is not required in Nebraska, or in any other state. Not everyone can afford to pay the premiums for Long Term Care Insurance, and Medicaid exists for those who are unable to afford the expense of living in a skilled nursing facility.
However, many people in Nebraska choose to purchase Long Term Care Insurance so that they can protect assets (protecting the family farm is a big incentive to purchase Long Term Care Insurance in Nebraska).
They also purchase Long Term Care Insurance so that they have the freedom to spend the benefit at the place of their choice, be that home health, assisted living, nursing home, or other.
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However, many people in Nebraska choose to purchase Long Term Care Insurance so that they can protect assets (protecting the family farm is a big incentive to purchase Long Term Care Insurance in Nebraska).
They also purchase Long Term Care Insurance so that they have the freedom to spend the benefit at the place of their choice, be that home health, assisted living, nursing home, or other.