Long-Term Care: Long-Term Care Insurance

Long-term care specialist Barbara Franklin talks with Sally Smith in this aging podcast about long-term care insurance. She defines this type of insurance, distinguishing it from both health and disability insurances. Mrs. Franklin explains that long-term care insurance is a pool of funds that can be used flexibly for custodial needs, which are not medical necessities but nonetheless necessary for daily living. Mrs. Franklin talks about how a long-term care insurance policy is triggered so that the money is available to the policy holder.
Source: MUSC Aging Podcast - Category: Geriatrics Authors: Source Type: podcasts