Concept information
Preferred term
long-term care insurance
Definition
- Long-term care (LTC) insurance is a way to pay privately for care in a nursing home, in one's own home, or in other community settings when chronic illness or disability leaves that person unable to care for himself or herself for an extended period of time. It is a relatively new product that was first seen on the market during the early 1980s. [Source: Encyclopedia of Health & Aging; Long-Term Care Insurance]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/long-term_care_insurance
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