Product Highlights

The cost of long term health care continues to rise more rapidly than ever. That makes it even more important to know the facts about your long term care insurance options.

The average cost of extended care in the US is currently about $56,000 per year. While the cost of long term care varies with location and service level, in certain areas of the country it can be as high as $100,000 per year. The average length of a stay in a long-term care facility is 3.1 years, so this represents an average cost of between $170,000 and $310,000.

In fact it can be even worse than that, because a nursing home stay comes after receiving home health care services for a considerable period of time. So your available funds will have been severely depleted even before dedicated long term care is required.