Long Term Health Insurance is useful for elderly as well as young people who are suffering from devastating illness or some accident, etc. these helps in case one had exhausted his savings and assets and in need for medical attention.
Long Term Health Insurance covers several community programs like adult care centers, home health aids, health monitoring, help in daily living.
These types of plans are quite expensive and should be availed after thorough inquiry as they attract very high premiums. They are mostly taken up after one has entered in 70's. But, middle age is best to consider about availing these health plans as taking them in old age could prove to be much more expensive.