Typically there are six activities of daily living, or ADLs). Dressing, Bathing, Eating, Transferring (Moving from one place to another), and using the toilet. If a person is unable to perform two out of the six ADLs they are considered to need some level of long term care. If you are retired and on Medicare you need to know that Medicare does NOT pay for Long Term Care. Medicare will only pay for a short stay in a nursing home, up to 100 days, and only if you meet the requirements. Long term care is also very expensive. The average cost nationwide is nearly $75,000 a year.
Most people believe that they will never need long term care, But the statistics say that 6 out of 10 people will need some level of long term care during there lifetime. That means that you have a greater chance of needing Long Term Care (60%) than not needing it.