“Analyzing Long Term Care Insurance Prices,”Advisor Magazine
“The cost for certain long-term care insurance policy designs has not changed significantly over the past five years according to the American Association for Long-Term Care Insurance. Long-Term Care Insurance Prices Compared, Costs 2016-2021 ‘For men, rates actually may have declined slightly from where they were five years ago,’ explains Jesse Slome, director of the long-term care insurance organization. ‘Policy costs for women are about the same until you add an inflation growth option, then there is a significant increase.’”
LTC Comment, Stephen A. Moses, President, Center for Long-Term Care Reform:
Some LTCI prices down, some up, others flat. Sounds a lot better than the hyperventilating in the media about premium rates of the past few years.
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