Long Term Care Insurance Rates By State

Discover the best long-term care insurance rates by state, rates from $950/year for a 55-year-old man and $1,500/year for a woman.

By Licensed Agent:  Sa El PublishedMay 10, 2024  UpdatedAugust 11, 2024

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

 

 


ABOUT THE AUTHOR

Sa El

Sa El is the Co-Founder of Simply Insurance and a licensed Insurance Agent with over 16 years of experience in the industry. He specializes in Life & Health Insurance and is certified in Long Term Care Insurance in the state of Georgia. a licensed real estate agent in the state of Georgia (License #382602), an entrepreneur, insurance educator, and freelance writer.