Ancillary Services
In a Long-Term Care policy, it is coverage for items like physical, occupational, speech and respiratory therapies, wound care, medication management, supplies.
The Complete Glossary on Long-Term Care
Explore clear, easy-to-understand definitions of the terms and concepts that shape long-term care planning. Whether you’re researching coverage options, care types, or planning terms, our glossary helps you make sense of the details so you can plan with confidence.
Term of the Day
Simple Inflation
A rider on a Long-Term Care policy where the benefit increases by a fixed amount per year based on the original starting amount. For example, with 5% simple inflation, $100 a day would increase each year by $5.00.
Categories
Topics
Care Types
Third Party Notification
A third-party notification is a built-in consumer protection feature in a Long-Term Care Insurance policy that allows the policyholder to designate one or more individuals to receive notice from the insurance company if the policy is in danger of lapsing due to non-payment of premiums.
Guaranty Association
The Guaranty Association is a state-mandated organization that protects policyholders in the event an insurance company becomes insolvent or is unable to fulfill its financial obligations.
Telehealth
Telehealth is the delivery of health care services through digital technology — video, phone, remote monitoring, and secure messaging — without requiring an in-person visit. It is especially valuable for older adults facing mobility, transportation, or geographic barriers to care.
Suitability
States require insurance professionals to determine whether Long-Term Care Insurance is suitable for the consumer before recommending a policy.
Medication Management
Medication management refers to the process of organizing, monitoring, and administering medications safely, particularly for older adults who take multiple prescriptions, over-the-counter products, and supplements.