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What is Long Term Care LTC?

LTC is custodial care received in an assisted-living facility, nursing home or your own home should you end up with a physical impairment1 and need assistance with two out of six Activities of Daily Living (ADL's) and/or suffer from a severe cognitive impairment.2 Some reasons people need this type of care are injury (such as a car accident), illness (such as Cancer), aging or a cognitive impairment (such as Alzheimer’s disease, Dementia or effects of a stroke).

1A physical impairment is created by chronic medical conditions, defined as an illness that can be managed with therapy or medication but cannot be cured by either.

2A cognitive impairment is defined as a measurable decline in one’s intellect to the extent that the individual is also compromised.


What is my risk of Needing LTC?


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Risk of getting into an auto accident

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Risk of becoming disabled

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Risk of needing LTC

(ages 18-65)
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Risk of needing LTC


Types of LTC Facilities


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Home Care

$58,300 per year

This is supportive care provided in the comfort of your own home by licensed healthcare professionals or professional caregivers. The average stay is 3 years. Most people—nearly 79%—who need LTC live at home or in assisted living community settings, not in institutions3.
3Agency for Healthcare Research and Quality. LTC users range in age and most do not live in nursing homes: Research alert. Rockville: Author, 2000
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Assisted Living

$54,700 per year

Assisted living offers residents independence and a home-like atmosphere with the availability of personal care and support services, if needed. The average stay is 2.5 - 3 years.

Nursing Home

$112,300 per year

A nursing home provides continual residential care and is often referred to as a skilled nursing facility, care home or rest home. In these facilities, nurses' aides and skilled nurses are usually available 24 hours a day. The average stay is 2.4 years. These settings look and operate much differently than the nursing homes of previous generations. New models of care make the senior experience quite different, and many facilities are modeling their residences on resort-style living, including offerings such as social activities, hair salons and even man-caves.

Why Employers Offer LTC Insurance

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