08/25/2026
In 2005, when I started offering long-term care insurance, I approached my parents first. My father confidently and erroneously told me he wasn’t worried about paying for long-term care services because Medicare would cover it. It no longer surprises me how many people talk with certainty about subjects they don’t know well. I calmly explained to my parents that Medicare does not cover LTC Services. If Dad had a stroke, the medical services would be covered by Medicare (likely Parts A & B), and his drugs would be covered by Part D.
Recovering at home, he may have problems with the Activities of Daily Living, which most people encounter within the first hour of waking up:
Getting out of bed;
Walking to the bathroom;
Using the toilet;
Bathing/Brushing Teeth, etc.;
Getting dressed;
Eating breakfast.
Medicare will not cover any of these services you might need at home.
That was a sobering realization for my father, and then he rationalized that he and my mother were healthy and likely would not need care.
This level of “magical thinking” is common. But 70% of people over the age of 65 need assistance. The least you can do is make a plan. Despite my father’s objections, thankfully, they got LTCI. At age 89, he’s receiving benefits today, which enables him to live independently and have someone come to his home about 10 hours a week.
People always tell me they don’t want to be a burden, but that is exactly what happens when there’s no plan in place, and they need help. Family is the first line of defense.
A few months ago, someone contacted me about LTCI. She has a front-row seat watching her mother care for both an aging aunt and her father with liver cancer. She asked me how LTCI could have helped her mother. I told her that LTCI could have helped coordinate and pay for someone to come to the home to help with shopping, cooking, and all levels of care encompassing the activities of daily living. With LTCI, her mother’s life would be spent as a companion rather than running herself ragged; she would have more time for herself, and money would have been saved.
I'd love to talk with you if you would like to learn more about your LTCI or Medicare options.
