This is a question that I get asked often and unfortunately the answer is always the same, No. Medicare will cover a Skilled Nursing Home stay following an admitted Hospital stay. Days 1-20 will have a $0 copay, 21-100 will be $185.50 per day and over 100 you will be responsible for all cost. For Long Term Custodial coverage, No.
What Can I Do?
Hind sight is always 20/20. If we thought about it in our 30’s the premium for Long Term Care might be reasonable. getting in your 60’s is cost prohibitive. Medicaid might be an option and there are services available that are designed to provide home care for fairly long periods. Ask your Medicare Advisor.