​Many people assume that as they age, Medicare or regular health insurance will cover the costs of long-term care. Unfortunately, that’s not the case. Medicare only provides limited short-term care under specific conditions, and traditional health insurance doesn’t cover ongoing assistance with daily activities like bathing, dressing, or meal preparation. As a result, individuals and families are often left scrambling to figure out how to pay for home health aides, assisted living, or nursing home care when the need arises.

Most people believe they’ll never need Long Term Care (LTC). Others assume they’ve saved enough to cover a short period of care. It’s a common mindset—after all, no one likes to imagine themselves needing help with basic daily activities. However, this way of thinking can leave you unprepared for the future.