Long-term care insurance plan

{
  "id": "MLC-T-ECS-001096",
  "term": "Long-term care insurance plan",
  "field": "Economic statistics",
  "definition": "Health plan that provides long-term (more than 1 year) custodial care, home care, and nursing home care.\n\nNote: Coverage may be extended to active employees, retirees, parents of active employees, and dependents of active employees and retirees. Premiums are generally, though not necessarily, paid by employees. These plans are separate from coverage for extended-care facilities and home healthcare found in health insurance plans that provide posthospitalization benefits for a limited period.",
  "references": [
    "BLS Glossary"
  ],
  "url": "https://mlchart.com/terminology/economic-statistics/long-term-care-insurance-plan/"
}