care insurance
Medical cost protection
Care insurance is coverage that pays for assistance with daily living activities—bathing, dressing, eating—when illness, disability, or age makes independence difficult.
Most commonly called long-term care insurance, it covers services that standard health insurance typically excludes: My parents bought care insurance before they retired.
The cost rises sharply with age at purchase.
- healthCondition of body, mind
- premiumAdded cost for better
- open enrollmentDesignated benefits signup window
- coverageExtent of inclusion
- policyAdopted principle of action
deductible · out of pocket · annual premium · nursing · nursing home · elderly · long-term · Medicare · claim · beneficiary · copay · medical · protection · safety net · wellness · disability · accident · life
care insuranceself-pay
Uninsured payment method
cash payment · financial exposure · medical debt · direct payment · personal savings
care insurancepersonal savings
Individually accumulated wealth
health savings account · family support · universal healthcare · single-payer system
care, insurance, cares, cared, caring, careful, carefully, careless, carelessly