Worker’s Compensation was established to protect both employers and employees. Employers can budget costs by using insurance plans to cover payments to injured workers rather than risking litigation. Employees have access to an income when unable to work due to a job related illness or injury. While Worker’s Compensation statutes are different in every state, the basic plans are very similar.

Long-term care insurance is insurance which provides for in-home care of the patient. This would be added to the patient’s current health insurance plan, or it is provided thru Medicare plans. It is a plan which needs to be purchased separately from services for health coverage such as doctor’s appointments or hospice stays.