C.21 Long-term care insurance and long-term case planning (individual and group) Flashcards

A type of insurance that covers costs associated with long-term care services, such as nursing homes, assisted living, and in-home care.

Basic self-care tasks including bathing, dressing, eating, toileting, transferring, and continence; used to determine eligibility for LTC benefits.

A policy feature that increases benefit amounts over time to keep pace with rising long-term care costs.

A policy provision ensuring that coverage cannot be canceled as long as premiums are paid, though premiums may increase.

A state-approved LTC policy that allows policyholders to protect personal assets if they need Medicaid after exhausting benefits.

Temporary care services that provide relief for primary caregivers, typically covered by long-term care policies.

A provision in LTC policies that provides coverage for individuals diagnosed with dementia, Alzheimer’s disease, or other cognitive disorders.