Long-term care (“LTC”) is the assistance needed when one either requires help performing an activity of daily living or has a severe cognitive impairment. Medicare does not pay for long-term care services, such as assisted living, and only pays for the first one hundred days of skilled care (i.e., physical therapy or nursing). It may be wise to consider purchasing a LTC insurance policy. With the creation of new hybrid insurance products, something that was once viewed as too expensive may now be a very practical purchase for you. We can guide you through that decision-making process and determine what is best for your individual case.