Wednesday, January 28, 2015

Cost of Long Term Care Insurance is Rising

According to the 2015 Long Term Care Insurance Price Index, the cost of long term care insurance increased 8.6% compared to last year.  

Jesse Slome, director of AALTCI (American Association for Long Term Care Insurance), said that “a healthy 55-year old man can expect to pay $1,060-per-year for $164,000 of potential benefits, compared to $925 last year.

You can read the full report here.

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