Long Term Care Insurance Rates By State | Sep,2023

LTC premiums vary by age, gender, and type of plan and insurer selected. And since there is a 70% chance, that once you turn 65, you will need some type of long term care services. It's best to start comparing rates sooner than later. 

The average cost of a long term care insurance policy for a single 55-year-old man is around $950 per year on average in 2021 for a $165,000 coverage benefit, whereas a single 55-year-old woman will pay $1,500 per year.

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

$1,380

$1,968

$2,532

$1,884

$1,644

$2,016

$1,740

$2,832

$2,256

$3,036

$1,932

$2,112

$3,036

$3,456

$2,832

$2,160

$2,220

$2,124

$2,352

$2,364

$2,028

$2,040

$2,688

$2,292

$2,052

$2,496

$2,820

$2,700

$2,436

$1,896

$2,112

$1,764

$2,004

$1,824

$1,896

$1,920

$2,064

$1,992

$2,352

$2,508

$3,228

$2,676

$3,432

$2,436

$2,712

$2,208

$2,532

$1,944

$2,100

$1,932

$1,956