Long-term care insurance typically covers a comprehensive array of care in either your home or at a specialized facility.

A few long-term care insurance policies also cover short-term hospice care. Hospice care helps manage the physical pain and emotional and spiritual needs of people facing a terminal illness. Hospice care, however, is one form of care that Medicare usually covers for people with a life expectancy of six months or less, so it’s often not covered by long-term care insurance.

Long-term care insurance typically doesn’t cover care provided by family members. It also usually doesn’t cover medical care costs⁠—those are typically covered by private health insurance and/or Medicare.

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