Long term care insurance (LTC)
LTC
1 in 3 people when they reach the age of 75 will be in a nursing home!
The cost of caring for a person in a nursing home situation is very large so it is advisable to purchase nursing home insurance to address this!
The expenses are about NIS 5,000-8,000 per month for payment to a home care provider
Or NIS 14,000-20,000 for a nursing home.
It is currently not possible to purchase private long-term care insurance (perhaps in the future)
Therefore the only option is to purchase it through the HMOs.
You can receive coverage for a period of 5 years with a compensation amount of NIS 5,500 per month for a caregiver at home or NIS 10,000 per month for a nursing home.
* The insurance through the health funds does not include coverage in the event of a car accident or work accident