Frequently Asked Questions
Click on the questions and the answer will be displayed at the bottom of this page.

  • What Is Long-Term Care?
  • How Much Does Long-Term Care Cost?
  • Who Pays For Long-Term Care?
  • Who May Need Long-Term Care?
  • Do You Need Long-Term Care Insurance?
  • Is Long-Term Care Insurance Right For You?
  • What Is a Federally Tax-Qualified Long-Term Care Insurance Policy?
  • How Can You Buy Insurance to Pay for Long-Term Care?
  • How Do Long-Term Care Insurance Policies Work?
  • Other Long-Term Care Insurance Policy Options You Might Choose
  • What Happens If You Can't Afford the Premiums Anymore?
  • Will Your Health Affect Your Ability to Buy a Policy?
  • What Happens If You Have Pre-Existing Conditions?
  • Can You Renew Your Long-Term Care Insurance Policy?
  • What Do Long-Term Care Insurance Policies Cost?
  • If You Already Own a Policy, Should You Switch Plans or Upgrade the Coverage You Have Now?

    How Much Does Long-Term Care Cost?

    Long-term care can be expensive. The cost depends on the amount and type of care you need and where you get it. In 1997, the average cost was more than 46000 for a year of nursing home care. If a nurse came to your home to give you skilled care three times a week for two hours each visit for the entire year, the bill would be about $19,300. Personal care in your home from a home health aide three times a week for a year, with each visit lasting two hours, would cost you about 10,600. These costs are different across the country.