Does Medicare cover long-term care services?
Medicare provides only limited coverage for long-term care that helps a person to recuperate from a sickness or injury. Medicare pays only for medically necessary skilled nursing care services. You should not rely on Medicare to pay for long-term care needs. Q. Can the insurance company cancel my long-term care insurance policy? No, your policy is guaranteed renewable for life. The policy may terminate only when you cease paying your insurance premiums or if you use the maximum amount of benefits available under the policy. Q. How do I qualify for long-term care insurance? Companies selling long-term care insurance underwrite their coverage. That means they look at your current health status and health history and issue a policy only if you meet the guidelines established by the company. Some companies ask only a few questions about your health. Others may ask for more detail, examine your current medical records or ask for a health statement from your doctor. Answer all questions as t
