Yes, a UPH is the same as the LoSP. They will both be for the time of your vist at the park.They will both cover your admission to the four parks, the two water parks, Pleasure Island, Disney Quest and WWS.
Passe work the same if you have hopper for all the days or partial days you are there. On arrival day you can go into a park. If hopper you have used a day. with length of stay you still have all the time left for whatever you want to do.