TRICARE, TRICARE for Life, and most civilian health care plans specifically exclude long-term care from coverage. Long-term care refers to care required when an individual requires assistance to get through day-to-day living, often resulting in admission to an assisted living facility or nursing home. These services are often incredibly expensive and can wipe out any financial assets accrued over a life of service. To offset these potentially devastating costs, the federal government has established Long-Term Care Insurance Program, and there are plans available from private companies as well.
Visit www.ltcfeds.com for more information on purchasing long-term care insurance through the federal government.