Product Highlights

It is becoming even more important to know the facts about your long term care insurance options. That's because the cost of long term care continues to rise rapidly.

The typical cost of extended care in the US is currently more than $50,000 per year. While the cost of health care is different in areas across the country, 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 the costs can sometimes be worse than that, because a nursing home stay usually only comes after a person has received home health care services for a fairly long time. This means that your resources will have been severely depleted even before dedicated long term care is needed.