Long-Term Care Insurance
Medicine cares about prolonging life. We care about a quality and respectful life.
Modern life sometimes puts us in absurd situations – on the one hand, advanced medicine extends our life expectancy, and invites solutions to accidents and diseases. On the other hand, not infrequently, even when life goes on, the quality of life is affected and many people find themselves in long-term care.
What does it mean to be in long-term care?
People in long-term care have become part of the landscape of our lives. A person is defined to be in long-term care when they are unable to manage and function on their own, and require assistance from relatives or caregivers to perform basic daily activities such as walking, sitting/standing, bathing, eating or using the restroom.
When we are on the other side of life – the functional and vital – these actions are completely taken for granted for us, and a long-term care is perceived by us as something that “won’t happen to us” and that is lightyears away.
Unfortunately, no one is immune, and any of us can get into an accident or get seriously ill, which will lead to the loss of independence, dependence on other people, and the need for hospitalization and expensive rehabilitation treatments that will allow us to continue living with dignity. Have you thought about the fact that someone has to finance all of this?
So what is long-term care insurance?
At the El-Ad agency, we call long-term care insurance a “certificate of honor”. This is because it gives long-term care patients the possibility to live in a dignified way, even after they have lost their functional capacity.
Long-term care insurance provides the patient with broad support, which includes rehabilitation procedures and a range of comprehensive and quality services as required, without them becoming a burden on their relatives.
With the help of the long-term care insurance benefits, the insured party can finance the expenses of long-term care hospitalization and treatment at home or in a designated institution. Since these are very high-cost expenses, many find it difficult to finance them in the absence of adequate insurance.