Insurance that pays for expenses related to long-term (custodial) care comes in many shapes and sizes. Some insurance policies only pay for care provided in a nursing home or assisted living facility, and does not pay for care provided at adult day care centers or in your home. These types of plans are called facilities-only plans or nursing home insurance.
Comprehensive plans, on the other hand, not only cover long-term care provided in nursing homes or assisted living facilities, but these policies also pay for services rendered in a hospice facility, adult day care center, and even at home. Generally, facilities-only plans usually cost less than comprehensive policies.
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