The Per Diem rate you will receive is based on a combination of the Maximum Lodging and the Meals and Incidental Expenses (M&IE) rates. M&IE is either determined by adding the Local Meals Rate and Incidental Expense Rates, or the Proportional Meal Rate.he Per Diem is specific to a given travel location and can range from a standard CONUS rate from $140 per day up to $702 per day for Out-of-CONUS rates.
Long-term care means helping people of any age with their medical needs or daily activities over a long period of time. Long-term care can be provided at home, in the community, or in various types of facilities. This section deals mainly with older people who need long-term care.
Long term care insurance covers an individual in the event that they can no longer care for themselves. LTC pays for home health care, assisted living and nursing home care usually as a person ages. These policies should be considered in your late 50s or early 60s.