While you may be young and in good health currently, unfortunately, it may not always be that way. That is where long-term care insurance comes into play.
Medicare does not cover your long-term nursing care or 24/7 in-home services, nor does it pay for your custodial care which includes your daily activities such as eating, bathing, and dressing.
Many people make the mistake of thinking that Medicare will pay both short and long-term care benefits. While original Medicare covers some long-term services, not all long-term benefits fall under Medicare plans and coverage.