From Insurance Lounge

Many consumers believe they already have protection, however private health plans offer limited protection for nursing facility care services and Medicare pays only for temporary care required after hospitalization. Medicaid may be available to individuals who meet strict state and federal income and asset requirements, but Medicaid is not intended as a long-term care funding entitlement. Many people who need long-term care may not qualify for Medicaid assistance. (Source: National Association of Insurance Commissioners. A Shopper’s Guide to Long-Term Care Insurance. Page 5, 2006.)