Who pays for long-term care?

Who pays for long-term care?

Karl Steinberg (Associate Medical Director, Sharp Mission Park Medical Group) gives expert video advice on: What is long-term care?; Why should I worry about long-term care?; Who needs long-term care? and more...

A whole variety of people. I guess, the private citizens pay for a lot of long-term care. Some of the cost is not even calculated, because a lot of long-term care services are provided in people's private homes by family members. But, probably Medicaid or as we call it in California: medicow because we're different, they pay for quite a bit of it, and the skill nursing facility or nursing facility setting. Essentially, if you have no resources, then Medicaid will cover long-term custodial care. Also, Medicare pays for a small portion of it. They'll pay up to a hundred days of skilled care in a nursing facility setting. And then there are also private insurers who cover long-term care both in the home and in institutional type setting in a variety of kinds.