Due to the numerous government programs that are available and offered to the public, some people are complacent and confident that they do not need to buy any private insurance policy because they can still get some services through these programs. However, they should first ask about the ability and limitations of Medicare to cover their long-term care needs.
Will Medicare pay for your long-term care?
Can you be sure that this is sufficient to meet all your long-term care needs in the future?
One of the reasons why the government encourage the public to get insurance plans from private sector is due to the fact that they want them to be responsible for their future. As the amount and types of these policies increase each year, the risk of having more uninsured individuals in the near future occurs due to the costly amount of insurance plans which is very large and worrisome.
In addition, Medicare spends large amounts each year to be able to cover all expenses of its beneficiaries who leave other services with sufficient funding from their fund. If more people own a private insurance policy, then Medicare funds can be distributed equally to all other necessary services that it also covers.
“Will Medicare pay for your long-term care?” is probably one of the most common questions that the public has, but unfortunately, not everyone understands and knows how long-term Medicare plan works. Yes, there may be facilities or services that Medicare covers, but these are very limited and could not even be applicable to all the individuals.
Medicare may cover some short-term recovery costs of a particular injury or illness in a nursing facility for up to 100 days or if the individual’s condition improved even before, it maximizes the maximum allowable number of days, then Medicare will stop paying for your medical expenses.
Those who need to be confined to a nursing home indefinitely because they can no longer perform work or are having difficulty coping with their daily activities cannot expect any financial help from Medicare. Assisted Living Facilities and Adult Day Care are also not included in Medicare coverage. Medicare covers the following types of care;
Specialty Nursing Care
As mentioned above, Medicare can cover for the individual’s recovery in a nursing facility after a three-day hospitalization period. Coverage can last up to 100 days, but it is stopped as soon as the person’s health gets better.
Home Health Care
Medicare will pay for nurses and therapists who will help you with your recovery in your own home, but a doctor must prove that you really need specialized short-term care. They provide a maximum of 35 hours of weekly services.
If the person is in the later stages of life and a doctor certifies that the individual will only have a few months of life, then Medicare will cover hospice care. This is the kind of care a person gets to make their life more comfortable when dealing with a terminal illness.