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Long Term Care

I have Medicare, I don't need Long Term Care Insurance. Do I?

Intermediate or custodial care which is not intended to cure the individual is not covered by Medicare Part A. Medicare does not pay for such custodial care even if the inability to care for yourself is due an accident or illness.
Source: 2004 Guide to Medicare

Medicare-Outpatient Rehab: Rehabilitation therapy patients (physical, occupational and speech) are provided a benefit. Such therapy provided as outpatient and not received in a hospital or Skilled Nursing Facility setting patient will be provided a $600 maximum benefit(80% of $750).
Source: 2004 Guide to Medicare

Charges covered by Medicare under home health care include:(a) Part-time or intermittent skilled nursing care. This can include up to 8 hours per day of necessary care for a period of 21 consecutive days.(b) Physical,Speech or Occupational therapy limited to 8 hours per day of necessary care for a period of 21 consecutive days. (c) Medical social services, consumable medical supplies such as dressing, bandages,etc. (d) 80% of the cost of durable medical equipment.
Source: 2004 Guide to Medicare.

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