Long Term Care Insurance Guides
LTCI premiums vary by age, gender, type of plan, and the insurance company you choose. Here’s the thing; there is a 70% chance, that once you turn 65, you will need some type of long term care services.
And believe it or not, around 45% of People under the age of 65 need long-term care insurance today. It’s best to start comparing rates sooner than later.
But get this, the average cost of a long term care insurance policy being $950 per year for a single 55-year-old man or $1,500 per year for a 55-year-old woman with an average coverage benefit of $165,000 . Check out our average long term care insurance rates by state below:
Average Long Term Care Insurance Rates By State
STATE
AVERAGE ANNUAL PREMIUM
STATE
AVERAGE ANNUAL PREMIUM
Alabama
$1,380
Montana
$1,968
Alaska
$2,532
Nebraska
$1,884
Arizona
$1,644
Nevada
$2,016
Arkansas
$1,740
New Hampshire
$2,832
California
$2,256
New Jersey
$3,036
Colorado
$1,932
New Mexico
$2,112
Connecticut
$3,036
New York
$3,456
Delaware
$2,832
North Carolina
$2,160
District Of Columbia
$2,220
North Dakota
$2,124
Florida
$2,352
Ohio
$2,364
Georgia
$2,028
Oklahoma
$2,040
Hawaii
$2,688
Oregon
$2,292
Idaho
$2,052
Pennsylvania
$2,496
Illinois
$2,820
Rhode Island
$2,700
Indiana
$2,436
South Carolina
$1,896
Iowa
$2,112
South Dakota
$1,764
Kansas
$2,004
Tennessee
$1,824
Kentucky
$1,896
Texas
$1,920
Louisiana
$2,064
Utah
$1,992
Maine
$2,352
Vermont
$2,508
Maryland
$3,228
Virginia
$2,676
Massachusetts
$3,432
Washington
$2,436
Michigan
$2,712
West Virginia
$2,208
Minnesota
$2,532
Wisconsin
$1,944
Mississippi
$2,100
Wyoming
$1,932
Missouri
$1,956
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AlabamaALAlaskaAKArizonaAZArkansasARCaliforniaCAColoradoCOConnecticutDelawareFloridaFLGeorgiaGAIdahoIDIllinoisILIndianaINIowaIAKansasKSKentuckyKYLouisianaLAMaineMEMarylandMassachusettsMichiganMIMinnesotaMNMississippiMSMissouriMOMontanaMTNebraskaNENevadaNVNew HampshireNew JerseyNew MexicoNMNew YorkNYNorth CarolinaNCNorth DakotaNDOhioOHOklahomaOKOregonORPennsylvaniaPARhode IslandSouth CarolinaSCSouth DakotaSDTennesseeTNTexasTXUtahUTVermontVirginiaVAWashingtonWAWest VirginiaWVWisconsinWIWyomingWYVermontVTNew HampshireNHMassachusettsMAConnecticutCTNew JerseyNJMarylandMDHawaiiHIRhode IslandRIDelawareDE VIEW RATES IN YOUR STATE